This fall all existing, active Greenville Federal Credit Union VISA® credit card holders will receive a replacement card in the mail as part of our roll-out of EMV chip protected cards. You may notice that your new card has an updated look and features an embedded microprocessor chip, called an EMV chip. This dynamic chip stores and protects your data for better security against fraud. The chip technology will be the global standard for credit card payments and all credit card companies and merchants worldwide are migrating to EMV.
IMPORTANT: To receive your card, please contact the credit union to ensure your contact and address information is up to date.
A small chip with big protection.
Greenville Federal Credit Union accounts are monitored for fraud 24 hours a day, seven days a week. The chip enhances this process by providing dynamic data that cannot be known to someone who steals your card or your card number. Additionally, a chip is much more difficult to replicate and counterfeit than a magnetic strip.
Can you use your new card anywhere?
Yes. While many U.S. merchants have already updated their payment terminals to process EMV chip transactions, some may still be making the transition. If a merchant is not EMV capable, your transaction will be processed using the magnetic strip on back.
What do you need to do when you receive your new card?
- Activate your new card by calling the number on the sticker attached to the back of your card.
- Destroy your old card.
- Enjoy the security and convenience of your new EMV card.
Better rate. Better card.
This yet another great benefit of our VISA credit cards. With an incredible low APR, free balance transfer and no annual fee, you won’t find a better card for your needs. Learn more about our cards.
For questions about EMV or our credit card options call 1.800.336.6309.
Posted on Mon, October 5, 2015
by Catherine James filed under