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My credit cards are all magnetic stripe cards. Do I need to change them to chip cards?

(China Merchants Bank) Customers holding UnionPay magnetic stripe credit cards can change to UnionPay IC cards through the damaged card replacement function of the following channels: Palm Life; WeChat customer service; Credit Card Center manual. In addition, dual-currency credit cards cannot handle chip card replacement for the time being. Currently, some of the cards in our bank are chip cards. Such as: full-currency international credit cards, standard cards, He cards, YOUNG cards (youth version), QQVIP cards, Hello Kitty cards (including perfume cards), etc.

Warm reminder

When the UnionPay magnetic stripe card expires, the UnionPay IC card will be automatically renewed. If it needs to be replaced with a UnionPay IC card within the validity period, a 15 yuan production fee will be charged.