Recently, credit card theft incidents have emerged one after another, and often the card is never left, but the money is missing. In fact, the main culprit is the magnetic stripe card. In view of the security issues of magnetic cards, magnetic stripe bank cards will not be usable from May 1st. In order not to affect the use of the card, it is best to change to a chip card. Next, I will introduce it to you.

What is a magnetic credit card?

Magnetic stripe card: As long as a magnetic stripe card user swipes the card at a POS machine or ATM machine, the magnetic stripe information of the bank card will be left on the machine. Therefore, users with magnetic stripe cards are prone to theft and sometimes demagnetization!

What is a credit card chip card

Chip card: A chip card is a bank card, and the medium is a chip. The system uses smart chips to store information, making it difficult to copy card information, and has a variety of transaction verification processes to effectively ensure the security of account funds.

It can be seen that the difference between a magnetic stripe card and a chip card is not very small. In order to protect the security of the card, it is recommended that friends who have magnetic stripe credit cards should replace the magnetic stripe card with a magnetic stripe card. Chip card. However, not all banks' magnetic stripe credit cards can be replaced by chip cards. Therefore, before replacing the card, please call the issuing bank's 24-hour credit card customer service hotline for clarification.