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Regular Contributor
bobebob
Posts: 244
Registered: ‎08-14-2011

Are chipped cards worth asking for?

I would like to get new versions of my cards that have the additional security the embedded chips give.

 

But since I don't travel out of country, I was wondering if it was worth the effort.

 

I am under the impression that the US is very slow to adopt the technology.

 

Is this likely to be of any benefit in the near future?

bobebob || June: My FICO SW EQ(Upgraded Version) = 821 ||June: Walmart TU Fico=834Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (7.5k), AmEx Corporate (5k). All PIF every month.
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009

Re: Are chipped cards worth asking for?

If you don't travel outside US, I don't think you're going to need this anytime soon.  Do you have cards that even offer this feature?


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Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012

Re: Are chipped cards worth asking for?

I have never used chip technology in the U.S. I think my local Target has the chip card readers, but I've never actually used them.

 

I think the EMV chips look cool so if you can get one for free you might as well IMO.

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Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Are chipped cards worth asking for?

Does chase offer them for the freedom?



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Contributor
firesoul453
Posts: 147
Registered: ‎08-24-2012

Re: Are chipped cards worth asking for?

Citi game me a keychan thing (instructions said attach to back of phone lol, thats not going to happen), Just stuck it to another card on my keychain (kroger plus thing)

Never really use it.

 

Also my phone has that google walllet thing, which lets me do it to any card, so I'm covered. 

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a JP Morgan Palladium card
Established Contributor
Cdnewmanpac
Posts: 767
Registered: ‎01-16-2012

Re: Are chipped cards worth asking for?


firesoul453 wrote:

Citi game me a keychan thing (instructions said attach to back of phone lol, thats not going to happen), Just stuck it to another card on my keychain (kroger plus thing)

Never really use it.

 

Also my phone has that google walllet thing, which lets me do it to any card, so I'm covered. 


Op is talking about emv chips, not NFC or RFID. Completely different. For op, last I read the consortium was hoping to have machines capable of reading emv chips in most retailers by late 2014. It will take years beyond then before any retailer is brave enough to stop accepting magnetic strips. If you don't travel outside us, it will be years before you use the feature and maybe a generation before you have to.

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Contributor
firesoul453
Posts: 147
Registered: ‎08-24-2012

Re: Are chipped cards worth asking for?


Cdnewmanpac wrote:

firesoul453 wrote:

Citi game me a keychan thing (instructions said attach to back of phone lol, thats not going to happen), Just stuck it to another card on my keychain (kroger plus thing)

Never really use it.

 

Also my phone has that google walllet thing, which lets me do it to any card, so I'm covered. 


Op is talking about emv chips, not NFC or RFID. Completely different. For op, last I read the consortium was hoping to have machines capable of reading emv chips in most retailers by late 2014. It will take years beyond then before any retailer is brave enough to stop accepting magnetic strips. If you don't travel outside us, it will be years before you use the feature and maybe a generation before you have to.


Oh never knew there were two different things.

Whats the main difference? Are they designed to achieve the same results? 

My ultimate credit wish,
a JP Morgan Palladium card
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009

Re: Are chipped cards worth asking for?


firesoul453 wrote:

Cdnewmanpac wrote:

firesoul453 wrote:

Citi game me a keychan thing (instructions said attach to back of phone lol, thats not going to happen), Just stuck it to another card on my keychain (kroger plus thing)

Never really use it.

 

Also my phone has that google walllet thing, which lets me do it to any card, so I'm covered. 


Op is talking about emv chips, not NFC or RFID. Completely different. For op, last I read the consortium was hoping to have machines capable of reading emv chips in most retailers by late 2014. It will take years beyond then before any retailer is brave enough to stop accepting magnetic strips. If you don't travel outside us, it will be years before you use the feature and maybe a generation before you have to.


Oh never knew there were two different things.

Whats the main difference? Are they designed to achieve the same results? 


They are not designed to acheive the same results.  One, NFC or RFID, is simply for cotnactless payment.  The other, EMV, is more of a security feature.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008

Re: Are chipped cards worth asking for?

Whichever non-contact sytem would be good. WOuld prevent cards from having these nasty horizontal scraping lines.




Contributor
firesoul453
Posts: 147
Registered: ‎08-24-2012

Re: Are chipped cards worth asking for?


Walt_K wrote:

firesoul453 wrote:

Cdnewmanpac wrote:

firesoul453 wrote:

Citi game me a keychan thing (instructions said attach to back of phone lol, thats not going to happen), Just stuck it to another card on my keychain (kroger plus thing)

Never really use it.

 

Also my phone has that google walllet thing, which lets me do it to any card, so I'm covered. 


Op is talking about emv chips, not NFC or RFID. Completely different. For op, last I read the consortium was hoping to have machines capable of reading emv chips in most retailers by late 2014. It will take years beyond then before any retailer is brave enough to stop accepting magnetic strips. If you don't travel outside us, it will be years before you use the feature and maybe a generation before you have to.


Oh never knew there were two different things.

Whats the main difference? Are they designed to achieve the same results? 


They are not designed to acheive the same results.  One, NFC or RFID, is simply for cotnactless payment.  The other, EMV, is more of a security feature.


Sorry for kinda being off topic, but how exactly does EMV increase security?

 

But I don't think I ever seen a card with an EMV chip here in the usa.

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a JP Morgan Palladium card

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