Chip Card Technology
Canadian Tire Bank is taking part in an industry-wide initiative to make credit and debit card transactions even more secure. Cards with embedded chip technology are being issued to Canadian Tire branded MasterCard cardholders.
Chip technology is already in wide use around the world and is proven to help reduce fraud by making it more difficult to duplicate the card or make purchases without authorization.
Here’s how you use a chip card:
At retailers with chip terminals: Your card is inserted into the chip terminal until the transaction is complete. Simply enter your Personal Identification Number (PIN) when prompted.
At retailers without chip terminals: Your chip card is swiped and you sign a receipt as you normally would.
Over the phone or online: Provide your card information the way you always have when you’re ready to make a purchase.
Even with this security, you’ll still get the same card benefits with no annual fee.
Click here for Frequently Asked Questions about chip cards or call 1-800-459-6415.