Your MEMBER CARD Debit Card is a Chip Card

A chip card is a credit or debit card containing an embedded computer chip, which gives the card the ability to store and process data. Microchip technology is the latest innovation in the rapidly changing payments environment and demonstrates the industry’s efforts to prevent fraud and further secure electronic payments for all Canadians. 

Chip cards and chip terminals work together to ensure a highly secure transaction by validating the card and the cardholder. The computer chip provides additional protection to avoid disclosure of personal information and is very difficult to copy, creating a multi-layer defence against fraud and identity theft. This doesn’t mean you should stop doing your part: Shield your PIN from prying eyes, never give it away and don’t write it down in your purse or wallet. Chip technology has been tested, and proven secure around the world.

In your hometown or on the other side of the globe, you can access your account anytime at ATMs with your MEMBER CARD. Your MEMBER CARD also enables you to pay cash at stores, restaurants, and any other vendor that displays the Interac® Direct Payment Service Logo. By using an Exchange Network® ATM you will not be charged additional service fees from either institution.

Protect Yourself from Debit Card Fraud

With the increase in identity theft and debit card fraud. It is critical to be aware of what fraudsters are doing and what you need to do to protect yourself.  Learn more about Debit Card Fraud here.