Arsenal offers credit and debit cards with EMV chips

When you have a credit and/or debit card from Arsenal, your transactions are more secure than ever because of EMV technology.

Cards with EMV chips generate a dynamic code when you make a transaction at a chip-activated checkout terminal. After you complete the transaction, the code generated becomes useless without access to the chip, keeping you safer from fraud. By contrast, magnetic stripes on cards use the same code over and over again, making it easy for skimming devices to steal your information. Since all retailers have not updated their terminals, cards still have a magnetic stripe on the back of them for dual functionality.

We began issuing Visa® credit cards with EMV chips in August 2015 and finished in October 2016. In November 2016, we started issuing Visa debit cards with EMV chips and plan to roll them out over the next three years as the older cards expire. The new debit cards have a five-year expiration date and feature a different design.

To make transactions at our ATMs safer than ever, we recently installed EMV chip readers on them. To use the chip reader, simply leave your card inside of the machine and complete your transaction. The ATM will tell you when to remove the card.

Debit and credit cards from Arsenal can be used at nearly 30,000 ATMs in the CO-OP network at no cost to you. Not even the biggest banks in the country offer this many free ATMs to their customers.

Arsenal debit and credit cards are also compatible with Apple Pay®, Android Pay™ and Samsung Pay® on select smartphones. That means you don’t even have to pull your Arsenal card out of your wallet to make a payment at the checkout counter at participating merchants.

Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Android is a trademark of Google Inc.