Reply
Frequent Contributor
Posts: 399
Registered: ‎08-02-2011
0

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

Take the FICO Fitness Challenge
Frequent Contributor
Posts: 352
Registered: ‎07-13-2012
0

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
Frequent Contributor
Posts: 342
Registered: ‎04-21-2012
0

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?

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.