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How many of your cards are SMART?

Frequent Contributor

Re: How many of your cards are SMART?


Roarmeister wrote:

I have Pay Wave on one of my cards.  I haven't used it yet.  But I am curious as to how close you have to be to the reader in order for it to sense your card?  Could you accidentally pay for something you didn't want to if you had your card in your front pockets?

 

OK, I just googled the PayWave.  It it meant for purchases under $50 in the first place, which I didn't know.  Probably useful for my next Subway sandwich purchase.

 

PS. I also have another type of card -- its a low amount debit card used by Tim Horton's.  I have it set to autoload to a preset amount.  So after a few coffee breaks, it reloads from my CC.  Smiley LOL


I'm batting 0 for 7 on the EMV chips. I do have 2 cards with NFC chips though - AmEx BCP with ExpressPay and Discover More with Zip. You have to hold them an inch or so from the reader so accidental purchase is not a problem.


Starting Score: 690
Current Score: EQ 780 EX 814 TU 783
Goal Score: 800

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Frequent Contributor

Re: How many of your cards are SMART?

none of my cards have the EMV. I dont plan on going abroad any time soon so im not too worried about it. 

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703
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Frequent Contributor

Re: How many of your cards are SMART?

EMV isn't about going abroad -- it's about additional security.  Wouldn't that be a plus for you?


Starting Score: 732 October 2007; Current Score: EQ 836; TU 806, November 2017; Oldest Reporting EQ Account: 15.8 years; EQ AAoA: 8.0 years; Typical credit utilization 1.8% typical single card utilization 10.6%