Visa Chip Card - Big Protection in a Little Chip
By early 2016, ASI Federal Credit Union Visa® Debit and Credit Cards now come with built-in chip technology. This change gives you greater fraud protection when you use your card at a chip-activated terminal. Your new card will not only be more secure--it will also be easy to use. Here's what you can look forward to as a debit or credit cardholder:
Enhanced fraud protection.
When you use your card at a chip-activated terminal, the embedded chip generates a one-time use code. This code is virtually impossible to counterfeit and helps reduce in-store fraud.
More merchants are accepting chip transactions every day. Whether you check out using chip technology or swipe your card, you can pay with confidence wherever Visa Debit Cards are accepted.
Easy to use.
Insert your card into the chip-activated terminal and follow the onscreen prompts. See detailed steps to the right. However, if a chip-activated terminal is unavailable, simply swipe your card like you do today.
No matter how you pay, you're protected against unauthorized use with Visa's Zero Liability Policy.1
Keep in mind, you can continue to use your chip card online and over the phone... the same way you do today. Plus get cash, check your balance and more at millions of ATMs worldwide.
IMPORTANT NOTE FOR DEBIT CARD HOLDERS:
Your new card has a new card number, expiration date, and CVV code. You will need to provide your new card information to any merchant you have authorized to automatically charge your account such as Internet Service Providers, Health Clubs, and Bill Payer Accounts.
IMPORTANT NOTE FOR CREDIT CARD HOLDERS:
Your new card will have a new expiration date and CVV code. You will need to provide this information to any merchant you have authorized to automatically charge your account such as Internet Service Providers, Health Clubs, and Bill Payer Accounts.
Visit any of our branch locations to get one today.
Apply online for an ASI Visa® Credit Card.
Answers to questions about chip technology:
Q: What is a chip card?
A: ASI Federal Credit Union Visa Credit and Debit Cards now feature built-in chip technology. You'll enjoy global acceptance plus an enhanced level of security.
Q: How does chip technology protect my information?
A: When you use your card at a chip-activated terminal, the embedded chip generates a one-time use code. This code is virtually impossible to counterfeit and helps reduce in-store fraud.
Q: Where can I use a chip card?
A: You can use your card at millions of places that accept Visa Debit Cards, at home and around the world.
Q: Can I still swipe my card to pay?
A: Yes. If a merchant is not yet chip-activated, you can continue to swipe your card and enter your PIN. If you are using a credit card, select CREDIT and sign for your purchase, if necessary.
Q: Does my chip card work at the ATM?
A: Yes. You can still use your debit card to get cash, check your balance and more. Be sure to insert the chip end of your card into the ATM with the chip facing up (depending on ATM). Your card will remain in the ATM until your transaction is complete.
Q: Will I have to pay any fees to use a chip card?
A: No. There are no additional fees to use a chip card
View the complete list of Frequently Asked Questions
1 Visa's Zero Liability Policy covers U.S.-issued cards and does not apply to certain commercial card transactions or any transactions not processed by Visa. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.
2 You must be enrolled in order to change your contact information through our Online Banking system. Once logged in, you may edit your profile in Settings.