Barclay Ring is getting a chip!

[Anonymous]

Yes! Can't wait to get this....even though I just got my Ring card in the mail today.....lol. New design as well!

[Anonymous]

That's good!  I wonder if my Arrival will turn into a Ring?

[Anonymous]

What exactly is the allure of a chip card?

[UncleB]

I've gotta say, Ring is pretty awesome. 

If I weren't 'cultivating' to get ready for a Sallie Mae app in the Spring, I would be jumping on Ring in a heartbeat.  It's always nice to have a low APR card in the back pocket for 'just-in-case'.

[Anonymous]

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@Anonymous wrote:
What exactly is the allure of a chip card?

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Your personal info is encrypted on the chip. More difficult to get your information than having a strip where a card reader can be placed into the track that you swipe it in.

[Anonymous]

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@Anonymous wrote:

That's good!  I wonder if my Arrival will turn into a Ring?

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They are looking to make the whole Barclay line into chip cards. Edit: Oops, read that wrong. The Ring and Arrival are 2 different cards. The Ring is a low APR card but no points or cash back.

[Anonymous]

If all these chip cards default to swipe and sig, how is that any more effective? Does it only have a chip and no stripe?

[Anonymous]

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@Anonymous wrote:
If all these chip cards default to swipe and sig, how is that any more effective? Does it only have a chip and no stripe?

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Chip cards have both.

[Anonymous]

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@Anonymous wrote:
What exactly is the allure of a chip card?

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You can eat it.

[Anonymous]

Some cards are chip and PIN. You have to enter a PIN that has to match the PIN embedded in the chip. Anyone can forge your signature. It is more difficult to guess the PIN.