Chase & Bank of America EMV (chip and pin) cards

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
47 posts
CC Deville
Centurion Member
Centurion Member
 
Posts: 1075
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Wed Jul 18, 2012 7:28 pm

432521 wrote:I find you last sentence to be disturbingly true. My goodness My 50 mile commute everyday for school sucks because of people that drive the expensive hybrids and electric cars. Its like they thing they own the god dam road because there car is so dam good for the environment. I swear I almost got into an accident today because some jackass in a volt thought he owned the road and when he was trying to merge into my lane instead of waiting to get into behind me; there was no one being me so he basically risked both of our lives to save maybe half a second. It was already to late for me to slow down to let him in because i was already a little past the end of the merge lane and instead of him stopping I had to swerve into the next lane over to avoid the collision. And the thing was he actually sped up just to try to get hit me. I was fuming and when i pulled up beside him the dude has shades on; my god it is freaking raining harder than a mother and the sky is so dam dark and had a bluetooth in his ear talking to someone and he was texting someone.


I thoroughly enjoy cutting off Prius' (what is the plural of Prius?) in my V8 powered 4X4 especially when they have California license plates. I'm not against saving the environment mind you, but that is just extreme to me and you are right, they have this attitude that they are better than everybody else or that they have a right to drive like a bafoon because they get good gas mileage.

Anyway, sorry we got this off topic! I just wanted to point out that the rest of the world has Chip + PIN cards and a large assortment of clean burning turbo diesel engines that we just don't get here.


agp
Centurion Member
Centurion Member
 
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Wed Jul 18, 2012 8:18 pm

I love cars and I have done a fair share of projects/research for/on major car companies. I do not mind Priusssess...s's. What I do not like is that some people drive Prius for the sole title (mind you I say "title" rather than "purpose") of saving the earth. What Prius drivers do not know is that the damage done to the earth in making the vehicle is more than the CO2 an equivalent non-hybrid engine could ever produce. Those drivers think - it's good on gas, so it must be good for the earth. No, most of the damage is done already before the driver even purchases the vehicle. So Prius drivers are either VERY misinformed or do not care about the earth but care about the fact that they do not have to fill up their gas tanks as often.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

432521
Centurion Member
Centurion Member
 
Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Postby 432521 » Wed Jul 18, 2012 9:18 pm

To get back on topic lol, I don't really understand how chip and pin works? It's funny though because I work at academy sports don't know if anyone knows what it is but our registers have what I think is a slot for the chip and pin or something I think is for it.

How is it better than just the regular swip and sometimes sign or put in your in number?
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

CC Deville
Centurion Member
Centurion Member
 
Posts: 1075
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Thu Jul 19, 2012 3:44 pm

432521 wrote:To get back on topic lol, I don't really understand how chip and pin works? It's funny though because I work at academy sports don't know if anyone knows what it is but our registers have what I think is a slot for the chip and pin or something I think is for it.

How is it better than just the regular swip and sometimes sign or put in your in number?


Chip + PIN. So in countries where EMV has become the standard, they no longer swipe the card like we do. They place the card chip side into the slot. The chip is read by the Point Of Sale (POS) reader and the POS reader will then ask for a 4 digit PIN. You enter your PIN, the sale is approved, you take your card out and you are given a receipt. No signature required and the card never leaves your posession.

The main benefit of Chip + PIN is that only you should know your PIN and therefore a pick pocketer will not be able to use it if found. Additionally, the chip is almost impossible to counterfeit. And in Europe where long distance calls were expensive, the Chip approves sales offline rather than having to call home to the bank like the mag stripe does (online-not Internet online but not offline).

432521
Centurion Member
Centurion Member
 
Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Postby 432521 » Thu Jul 19, 2012 4:54 pm

so do chip and pin cards not have the mag strips on the back anymore?
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

CC Deville
Centurion Member
Centurion Member
 
Posts: 1075
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Thu Jul 19, 2012 6:37 pm

432521 wrote:so do chip and pin cards not have the mag strips on the back anymore?


They do; mostly because us dumb a$ s Americans have not switched over yet. However, they have taken that into consideration; if a card that has an EMV chip is used at a POS terminal that is set up for EMV but the person attempts to swipe the card the POS terminal will ask the cardholder to insert the chip. If the chip is not inserted the transaction will be declined. So most Western European cards with mag stripes will only work here in the US.

Reclusive46
Centurion Member
Centurion Member
 
Posts: 222
Joined: Mon Oct 24, 2011 4:04 am
Location: UK

Postby Reclusive46 » Fri Jul 20, 2012 11:00 pm

CC Deville wrote:They do; mostly because us dumb a$ s Americans have not switched over yet. However, they have taken that into consideration; if a card that has an EMV chip is used at a POS terminal that is set up for EMV but the person attempts to swipe the card the POS terminal will ask the cardholder to insert the chip. If the chip is not inserted the transaction will be declined. So most Western European cards with mag stripes will only work here in the US.


Some of the cash cards here in the UK (Cards that only work at ATMs and UK POS. Nationwide comes to mind here and are full auth cards) don't have the magstripes anymore.
Amex UK Platinum Charge Card
Amex Blue Cash USA
Amex US Gold Corporate Card
World MasterCard Capital One UK (Free abroad + Cashback + Free Cash Withdrawals with no interest)

CC Deville
Centurion Member
Centurion Member
 
Posts: 1075
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Sat Jul 21, 2012 9:35 am

Reclusive46 wrote:Some of the cash cards here in the UK (Cards that only work at ATMs and UK POS. Nationwide comes to mind here and are full auth cards) don't have the magstripes anymore.


Right. They will start to be phased out completely once the US gets on board in the next few years.

DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Sat Jul 21, 2012 1:40 pm

At the moment, aside from Andrews FCU, only chip and signature cards are offered in the US.

CC Deville
Centurion Member
Centurion Member
 
Posts: 1075
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Tue Jul 24, 2012 3:27 pm

I received my EMV BankAmericard Cash Rewards Visa Signature today. I also received a normal card and the mobile phone tag (three separate envelopes). Not sure why I received the standard card and mobile phone tag but Bank of America made this very, very easy. It took two months to get my EMV card from Citibank.

It looks like Bank of America uses Gemalto for their chips; Citibank uses Oberthur.



Return to “Visa & MasterCard”

Who is online

Users browsing this forum: No registered users and 2 guests