Why Americans are getting new credit cards | Yahoo Finance

U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old magnetic strip credit and debit cards with new cards that are equipped with computer chips that store account data more securely.

Click the link below to find out more about why Americans are getting new credit cards, how the new cards work and how the switch could affect you at the checkout counter.

Source: Why Americans are getting new credit cards – Yahoo Finance

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