edger Posted October 3, 2010 Report Share Posted October 3, 2010 Have most of y'all switched over to those new 'chip' interac cards yet? My bank sent me one in the mail a few weeks ago and I still haven't made the switch over yet. Curious about the pros and cons. I realize it's an inevitable switch, but wondering if I should hold off a bit until all stores, and places of merchandise etc have made the upgrade.So I guess my question is, have any of you ever run into any problems with trying to use a bank card with the chip? Link to comment Share on other sites More sharing options...
Basher Posted October 3, 2010 Report Share Posted October 3, 2010 I don't know why you would hold off. It works on legacy systems too (swipe). Link to comment Share on other sites More sharing options...
ollie Posted October 3, 2010 Report Share Posted October 3, 2010 Yeah, totally backwards compatible. Never had a problem. It's more secure so no reason I can see not to upgrade. Link to comment Share on other sites More sharing options...
Schwa. Posted October 3, 2010 Report Share Posted October 3, 2010 (edited) funny to see this thread now considering my chip died yesterday. the stripe would still work at stores that didn't require the chip but I was S.O.L. at the LCBO. edit**this was for a VISA and not a debit card Edited October 3, 2010 by Guest Link to comment Share on other sites More sharing options...
edger Posted October 3, 2010 Author Report Share Posted October 3, 2010 So Schwa are you saying the LCBO you were at only accepted cards that had the chip? (or maybe I'm reading that wrong)...either way sorry for your troubles...gettin' shut down at the LCBO on a Saturday is rough! Link to comment Share on other sites More sharing options...
phorbesie Posted October 3, 2010 Report Share Posted October 3, 2010 i haven't had any problems with the chip. you have to enter a PIN so you should be careful doing that (protecting your PIN) Link to comment Share on other sites More sharing options...
PassedOutGuy Posted October 3, 2010 Report Share Posted October 3, 2010 once stores switch over to the chip system for credit then you will not be able to swipe.if you have a chip card for debit and want to swipe it will not accept it, only the chip.been working with the technology for the last year and its funny to hear just how many people are skeptical.All stores and banks are supposded to have their users transferred to the new system by 2011. Link to comment Share on other sites More sharing options...
phishtaper Posted October 3, 2010 Report Share Posted October 3, 2010 the cashier at canadian tire (my sunday morning church) said the debit card chips take noticably longer to process, in addition to people fumbling with them, many not even knowing they have them. the chips are slowing the line. Link to comment Share on other sites More sharing options...
SaggyBalls Posted October 3, 2010 Report Share Posted October 3, 2010 We really need another chip in our wallets?RFID indeed! Link to comment Share on other sites More sharing options...
timouse Posted October 4, 2010 Report Share Posted October 4, 2010 my only complaint with the chip is the potential for absent minded people like me to walk out of a store without my debit card. they are beginning to make the handsets beep loudly when finished to remind you to take your card. if it makes debit cards harder to pirate, i'm all for it. Link to comment Share on other sites More sharing options...
PassedOutGuy Posted October 4, 2010 Report Share Posted October 4, 2010 my biggest beef working with the card is people not knowing their pins or even knowing they need a pin for their credit... they think a simple swipe of the ancient method to take an imprint of the card should suffice. Link to comment Share on other sites More sharing options...
ollie Posted October 4, 2010 Report Share Posted October 4, 2010 So Schwa are you saying the LCBO you were at only accepted cards that had the chip? (or maybe I'm reading that wrong)...either way sorry for your troubles...gettin' shut down at the LCBO on a Saturday is rough!The LCBO accepts both types of DEBIT cards - swipe and chip. The screen even says "Swipe or insert your card".I can't speak to the CREDIT card discussion going on in this thread but there is no danger in upgrading your debit card. Link to comment Share on other sites More sharing options...
Basher Posted October 4, 2010 Report Share Posted October 4, 2010 The LCBO accepts both types of DEBIT cards - swipe and chip. The screen even says "Swipe or insert your card".More misinformation.Let's try to make this as clear as possible:IF you have a CHIP debit or credit card AND the merchant machine accepts CHIP cards then you MUST insert the card and you will not be able to swipe. Link to comment Share on other sites More sharing options...
phishtaper Posted October 4, 2010 Report Share Posted October 4, 2010 The LCBO accepts both types of DEBIT cards - swipe and chip. The screen even says "Swipe or insert your card".More misinformation.Let's try to make this as clear as possible:IF you have a CHIP debit or credit card AND the merchant machine accepts CHIP cards then you MUST insert the card and you will not be able to swipe.Im not sure that is what Ollie said there, Basher. I think he simply said they accept both. I don't think that is in any way "misinformation". Link to comment Share on other sites More sharing options...
Basher Posted October 4, 2010 Report Share Posted October 4, 2010 Perhaps it was just a little unclear. Link to comment Share on other sites More sharing options...
edger Posted October 4, 2010 Author Report Share Posted October 4, 2010 Ok. So I should just make the switch already by the sounds of it... I think I'm just stuck in the whole 'if it ain't broke don't fix it mentality' (mind you I have never had the misfortunate of my account being hacked which would likely make me sing a very different tune)Thanks guys. Link to comment Share on other sites More sharing options...
ollie Posted October 4, 2010 Report Share Posted October 4, 2010 Perhaps it was just a little unclear.I'll give you that.Bottom line: Just Do It. Link to comment Share on other sites More sharing options...
SaggyBalls Posted October 4, 2010 Report Share Posted October 4, 2010 If you don't like it then just don't use your debit card. Old School banking? Link to comment Share on other sites More sharing options...
Velvet Posted October 4, 2010 Report Share Posted October 4, 2010 Ok. So I should just make the switch already by the sounds of it... I think I'm just stuck in the whole 'if it ain't broke don't fix it mentality' (mind you I have never had the misfortunate of my account being hacked which would likely make me sing a very different tune)Thanks guys.FYI, the "If it ain't broke don't fix it" rule has been null and void for almost three decades now. The world currently revolves around fixing things that are hopelessly unbroken.For example, the perfectly fine term "luddite" has been updated and is now referred to as "old school" (formerly "olde school") or "random". Link to comment Share on other sites More sharing options...
edger Posted October 4, 2010 Author Report Share Posted October 4, 2010 Link to comment Share on other sites More sharing options...
Tooly Posted October 4, 2010 Report Share Posted October 4, 2010 i forgot my new chip card in a canadian tire within the first week of getting it! stupid things. if it aint broke, dont fix it! and stay off my lawn!! Link to comment Share on other sites More sharing options...
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