FlyerTalk Forums - View Single Post - USA EMV cards: Availability, Q&A (Chip & PIN -or- Chip & Signature) [2012-2015]
Old Jul 22, 2014, 10:42 pm
  #5613  
JEFFJAGUAR
 
Join Date: Jul 2007
Posts: 1,762
At this point in time, I am not requesting the Schwab emv card for my Schwab account. I don't see the purpose; sorry guys. At this point in time, ATM's have not been converted not to accept the mag strip cards; maybe that's in the future and it will become necessary and since the majority of people on this site are pretty smart and understand these things, using the debit card for purchases as if it is a credit card makes absolutely no sense. None. Zero. If the card gets hacked, you lose actual money that eventually you will probably get back but until all the paperwork is finished, you're out the dough. Of course, if you can't get a credit card, then perhaps it makes sense but I wouldn't expect many people here to fall into that category! Sorry if that offends anybody here.
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