On July 23, Bank of America announced that many of its consumer credit cards will soon have chip technology, which is the standard in Europe and many other countries. I’m thrilled because I am a long-time Bank of America customer and a frequent traveler. I actually just returned from a week and a half in Ireland. Quite a few people working at stores and restaurants expressed surprise that we still use magnetic stripe cards and said they seemed so much less secure.
Learn more about that and read my roundup of my 10 favorite personal finance blog posts from the past week!