Introducing Chip Cards

Chip Cards - Smarter and more protection

Beach Municipal FCU now provides VISA Debit Cards with chip technology. The embedded computer chip offers more security and wider international acceptance.

A microchip embedded in the card adds a new layer of protection against fraud for purchases made at the point of sale. Information programmed into the chip is personalized for your account and each transaction generates a unique code, adding an extra safeguard against unauthorized use and counterfeiting. These cards are already in wide use around the world and are now becoming the standard in the U.S.

Even though many merchants have already installed chip-enabled card terminals for payment, there are still many who have not made the conversion. That's why chip cards will continue to have a magnetic stripe on the back. That way, if a merchant's terminal or an ATM is not yet chip-enabled, your transaction can still be processed using the magnetic stripe as it is today.

Once your new card arrives, be sure to activate the card and establish a personal identification number (PIN) when prompted during the activation process.  After your replacement card with the new number has been activated, destroy your old card.  If you have any pre-authorized billings set up for your existing card, you will need to contact those merchants and provide your new Debit Card number and expiration date.  Your old card will be blocked within 30 days of your new Debit Card being issued.

Have more questions? Check out our FAQs page or contact a Member Services Representative at 757.333.7787.