topic Re: BofA Adding Chip+PIN Support in Credit Cards

BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 11:37:18 GMT

My last statement came with a page about a change in the card agreement:

You may be required to use a PIN to make an ATM Cash Advance or to complete Purchases at certain merchant terminals, generally overseas.

I wonder how well this will work. I wouldn't use this card in such a situation anyway due to FTF, but it's not bad to know.

Re: BofA Adding Chip+PIN Support

MrDisco99 — Sat, 14 Apr 2018 13:07:07 GMT

This would be very useful on the Travel Rewards card. Would be nice to be able to use something other than Barclays for train tickets in Europe.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 14:02:40 GMT

The wording is stupid. It should be more like, "You will be required to use a PIN for all purchases overseas unless you use contactless, which is something we don't offer unlike the rest of the world."

Re: BofA Adding Chip+PIN Support

Shadowfactor — Sat, 14 Apr 2018 13:58:46 GMT

This actually will be very helpful to me since I work in a country that has PIN only terminals at some places.

I’m guessing I just need to call BoA and have them add it ?

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 14:58:29 GMT

@Anonymous wrote:
My last statement came with a page about a change in the card agreement:

You may be required to use a PIN to make an ATM Cash Advance or to complete Purchases at certain merchant terminals, generally overseas.

I wonder how well this will work. I wouldn't use this card in such a situation anyway due to FTF, but it's not bad to know.

Help me out ... in my reading of this statement I wonder? When you establish a PIN on a credit card my readings have said it would work for both cash and purchases. That said ... other than for information ... what is different? Yes, I do understand the USA generally has the PIN and Signature method rather than the Chip & PIN for defaults. But ... ? FYI ... the State Department Federal Credit Union (need to specify Chip & Pin or Chip & Signature option when ordering credit card), First Tech Federal Credit Union and the United Nations Federal Credit Union do issue true Chip & Pin credit cards along with the BMO Harris Bank Diners Club cards. So ... what is BOA doing? Thanks Irish80 ... appreciate the explanation ... get it now!

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 14:48:21 GMT

@Anonymous wrote:
@Anonymous wrote:
My last statement came with a page about a change in the card agreement:

You may be required to use a PIN to make an ATM Cash Advance or to complete Purchases at certain merchant terminals, generally overseas.

I wonder how well this will work. I wouldn't use this card in such a situation anyway due to FTF, but it's not bad to know.
Help me out ... in my reading answer to this type of statement are that when a pin is established on your credit card it would work for both cash and purchases. So it you already have a PIN other than info why wouldn't it work already? Always set a pin immediately upon receiving and activating every card so I don't understand?!

They’re not giving you a new PIN just changing their approval process for some CC transactions to require you input the PIN. This still doesn’t elevate the card to those from Diners, UNFCU and First Tech that are true Chip and PIN cards in the US

Re: BofA Adding Chip+PIN Support

UpperNwGuy — Sat, 14 Apr 2018 15:34:40 GMT

I wish Chase would start using PIN.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 16:58:37 GMT

Having just come back from a trip to Canada and with the probability I'll be heading back there this summer, help me out.

I have an Arrival+ which has been in my SD, but if I were to use that in Canada, would it work 'like theirs do'? And is Irish saying that even though B of A has a pin (when I saw this thread I went and added a pin to my B of A Alaska card and confirmed it has no FTF) it would NOT work like theirs?

I agree, I wish Chase would do whatever is most accepted since UR's are my current target, but if it was less awkward, I'd use one of these others next trip.

Thanks.

Edited because I typed MR's, and should be UR's. (Was looking at ways to use up some MR's this morning and had amex on the brain.)

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 16:37:04 GMT

@Anonymous wrote:
Having just come back from a trip to Canada and with the probability I'll be heading back there this summer, help me out.

I have an Arrival+ which has been in my SD, but if I were to use that in Canada, would it work 'like theirs do'? And is Irish saying that even though B of A has a pin (when I saw this thread I went and added a pin to my B of A Alaska card and confirmed it has no FTF) it would NOT work like theirs?

I agree, I wish Chase would do whatever is most accepted since MR's are my current target, but if it was less awkward, I'd use one of these others next trip.

Thanks.

It would work but there is a difference between cards like the Arrival+ and the 3 that I mentioned. Those three are chip cards with PIN priority which means that the card issuers have set the card up to require that the PIN be inputted to work. For example, to use my Diners Club Elite (no longer issued) at a gas station or grocery store I must input the PIN for the transaction to be approved. Cards like the Arrival+ and others are chip with signature priority and PIN secondary. So unless the merchant requires a PIN be inputted which is the case in a lot of other countries, then it will default to only a signature (even that is now changing with Discover, Amex, VISA and MasterCard no longer requiring signatures). Obviously that is less secure than bring required to use a PIN. True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 16:36:34 GMT

@Anonymous True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.

Thanks. Makes sense. (Happens to me at Target occasionally.)

Re: BofA Adding Chip+PIN Support

pipeguy — Sat, 14 Apr 2018 18:42:35 GMT

@Anonymous wrote:
True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.
A couple of weekends ago the DW and I were doing a good bit of shopping for apparel. I had decided to use my BHO Diner's card since doesn't really get much usage. First shop, no problem no pin required, second shop where I was buying 3 new business suits, PIN required.... I had to search through my wallet for the "cheat sheet" for the DC card, inputted number - wrong, double checked punched in 4 digit number wrong. Fortunately there was no line and I buy all my suits from this store so they know me nor was it really embarrassing and it cetainly was not in any way a credit issue.

Needless to say I took the Diner's Club Card out of my carry wallet with a mental note not use the BHO DC as a general spend card - I should note that "required PIN" has never happened online. Although this is a comfortable $20k CL card, I don't use it enough to justify the AF so come the renewal date, I'll probably cancel this card - the required PIN when I'm standing there with the card, ID, finderprints, DNA, etc. is just a royal pain in the ***.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 21:14:52 GMT

@UpperNwGuy wrote:
I wish Chase would start using PIN.

The banking system in the U.S as a whole is backwards.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 21:15:43 GMT

@Anonymous wrote:
@Anonymous True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.
Thanks. Makes sense. (Happens to me at Target occasionally.)

Target will no longer be requiring a signature for transactions ran over the card networks.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 21:26:07 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.
Thanks. Makes sense. (Happens to me at Target occasionally.)
Target will no longer be requiring a signature for transactions ran over the card networks.

I was talking about the Target Red Card Visa. As far as I know, you have to use a pin, at least at Target. Maybe that's changin too? But I'd think not.

Re: BofA Adding Chip+PIN Support

Anonymous — Sat, 14 Apr 2018 22:13:27 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.
Thanks. Makes sense. (Happens to me at Target occasionally.)
Target will no longer be requiring a signature for transactions ran over the card networks.
I was talking about the Target Red Card Visa. As far as I know, you have to use a pin, at least at Target. Maybe that's changin too? But I'd think not.

The Red Card Visa might change too, as I believe Visa followed MasterCard's lead, although it's technically still up to the merchant as to whether or not a signature is required, and with Target's history, they may opt to keep forcing signature or PIN to play the psychology game with customers.

Re: BofA Adding Chip+PIN Support

Anonymous — Sun, 15 Apr 2018 00:59:12 GMT

@Anonymous wrote:
@Anonymous wrote:
Having just come back from a trip to Canada and with the probability I'll be heading back there this summer, help me out.

I have an Arrival+ which has been in my SD, but if I were to use that in Canada, would it work 'like theirs do'? And is Irish saying that even though B of A has a pin (when I saw this thread I went and added a pin to my B of A Alaska card and confirmed it has no FTF) it would NOT work like theirs?

I agree, I wish Chase would do whatever is most accepted since MR's are my current target, but if it was less awkward, I'd use one of these others next trip.

Thanks.
It would work but there is a difference between cards like the Arrival+ and the 3 that I mentioned. Those three are chip cards with PIN priority which means that the card issuers have set the card up to require that the PIN be inputted to work. For example, to use my Diners Club Elite (no longer issued) at a gas station or grocery store I must input the PIN for the transaction to be approved. Cards like the Arrival+ and others are chip with signature priority and PIN secondary. So unless the merchant requires a PIN be inputted which is the case in a lot of other countries, then it will default to only a signature (even that is now changing with Discover, Amex, VISA and MasterCard no longer requiring signatures). Obviously that is less secure than bring required to use a PIN. True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.

Add to your three the State Department Federal Credit Union!

Re: BofA Adding Chip+PIN Support

Anonymous — Sun, 15 Apr 2018 01:02:20 GMT

Oops ... the Red Card is a MC now, not a Visa. I think the same time they switched from V to MC was the same time they implemented the pin.

Re: BofA Adding Chip+PIN Support

Anonymous — Sun, 15 Apr 2018 01:06:11 GMT

@Anonymous wrote:
Oops ... the Red Card is a MC now, not a Visa. I think the same time they switched from V to MC was the same time they implemented the pin.

So you enter a Pin to go with the Target Red Card Chip using their MasterCard! Interesting.

Re: BofA Adding Chip+PIN Support

arkane — Wed, 13 Jun 2018 02:02:33 GMT

@Anonymous wrote:
@Anonymous wrote:
Having just come back from a trip to Canada and with the probability I'll be heading back there this summer, help me out.

I have an Arrival+ which has been in my SD, but if I were to use that in Canada, would it work 'like theirs do'? And is Irish saying that even though B of A has a pin (when I saw this thread I went and added a pin to my B of A Alaska card and confirmed it has no FTF) it would NOT work like theirs?

I agree, I wish Chase would do whatever is most accepted since MR's are my current target, but if it was less awkward, I'd use one of these others next trip.

Thanks.
It would work but there is a difference between cards like the Arrival+ and the 3 that I mentioned. Those three are chip cards with PIN priority which means that the card issuers have set the card up to require that the PIN be inputted to work. For example, to use my Diners Club Elite (no longer issued) at a gas station or grocery store I must input the PIN for the transaction to be approved. Cards like the Arrival+ and others are chip with signature priority and PIN secondary. So unless the merchant requires a PIN be inputted which is the case in a lot of other countries, then it will default to only a signature (even that is now changing with Discover, Amex, VISA and MasterCard no longer requiring signatures). Obviously that is less secure than bring required to use a PIN. True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.

Funny how this was never an issue with debit cards.

Since I'm from Canada and we've had chip+PIN since 2008 or something, it actually felt very unnatural and took me a while to get adjusted to swiping and signing when I first moved here. I'd love to see at least one big bank get on board the chip+PIN train but I fear the backlash just might be a bit too vicious.

Re: BofA Adding Chip+PIN Support

NRB525 — Wed, 13 Jun 2018 06:08:01 GMT

@pipeguy wrote:
@Anonymous wrote:
True Chip And PIN cards with PIN priority aren’t being issued in the US by our banks because they fear that consumers will forget their PINs and therefore not use the credit card.
A couple of weekends ago the DW and I were doing a good bit of shopping for apparel. I had decided to use my BHO Diner's card since doesn't really get much usage. First shop, no problem no pin required, second shop where I was buying 3 new business suits, PIN required.... I had to search through my wallet for the "cheat sheet" for the DC card, inputted number - wrong, double checked punched in 4 digit number wrong. Fortunately there was no line and I buy all my suits from this store so they know me nor was it really embarrassing and it cetainly was not in any way a credit issue.

Needless to say I took the Diner's Club Card out of my carry wallet with a mental note not use the BHO DC as a general spend card - I should note that "required PIN" has never happened online. Although this is a comfortable $20k CL card, I don't use it enough to justify the AF so come the renewal date, I'll probably cancel this card - the required PIN when I'm standing there with the card, ID, finderprints, DNA, etc. is just a royal pain in the ***.

My Diners Club card is always in my wallet. Other cards come and go, DC always there. I have gone through phases where I look for places to test my Diners Club card PIN and am quite smug when it does need the PIN. It also worked as tap-and-pay in the Netherlands in some places. It works to get me into some airport lounges. I keep it active and use it regularly because it is so unique and irreplaceable. $95 per year is a bargain for the entertainment it provides.

But that's just me