Advertiser Disclosure

Chase won’t launch Chip + PIN credit cards for US consumers?

by on Mon January 5, 2015 • 3 Comments

Chip and PIN

Update: Chase has reached out and noted Chip + PIN is still being considered.

If you travel abroad, you know that having a full Chip + PIN card is what you need to avoid hassle when you pay.

And while many card in the U.S. now have a Chip feature built in, most only offer Chip + Signature versions, which leave you in the lurch if you’re at an unmanned kiosk and other places.

Last year, Chase noted it planned to start offering Chip + PIN functionality on some of its cards, but never followed through.

And today, the Wall Street Journal reports Chase has delayed plans to go full Chip + PIN, saying:

“J.P. Morgan Chase, the nation’s biggest card issuer, had initially planned to issue chip-and-PIN credit cards in 2014, but the bank put those plans on hold after testing them with consumers, according to a person familiar with the bank’s strategy. The bank has issued millions of chip-and-signature cards.”

That’s disappointing news for travel rewards card users. Chase has been among the more consumer friendly for international travel, leading the way with no foreign transaction fee cards.

The article mentions Citibank and Bank of America are chip and signature only, though doesn’t talk explicitly about future plans.

And American Express isn’t brought up at all.

Barclaycard is the only of the big travel rewards card issuers that offers full Chip + PIN, via its Arrival Plus card.

There are also other credit unions and banks that offer less lucrative rewards cards with full Chip + PIN and no foreign transaction fees. You can see a list here.

Our hope is one of the other big issuers decides to at least offer a Chip + PIN option on some of its premium travel rewards cards.

The following two tabs change content below.

Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee, then $95

Annual Fee


Foreign Transaction Fee Waived


Points Can Transfer to Airline Miles ?

Still confused? Have a question?

Leave a comment below -- we'll reply shortly -- no need to use your real name. Or, use the email form at the top of the page for private advice.

"These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered."

3 thoughts on Chase won’t launch Chip + PIN credit cards for US consumers?

  1. Nun

    I don’t think it’s disappointing. I don’t want to give Congress and banks any excuse to shift liabilities to consumers.

    1. Pallykin

      Liability is *not* going to shift to the consumer. It’s going to shift to the vendor or store if they have not updated their credit card equipment to accept Chip and Pin.


Leave a Reply

Your email address will not be published. Required fields are marked *