The top chip-and-PIN credit cards of 2020

Apr 7, 2020

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Editor’s note: This post has been updated with the latest credit card information.

There are two types of credit cards in the market today: chip-and-signature cards and chip-and-PIN cards. Plain and simple, chip-and-signature cards use signatures for authentication, while chip-and-PIN cards require a personal identification number.

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Most cards issued in the U.S. are chip and signature, but for the rest of the world, chip and PIN is the norm, so it’s not uncommon to come across payment terminals that only accept PIN cards when traveling internationally. For instance, most unmanned kiosks in Europe, such as ticket machines and gas pumps, are PIN only. To avoid being in a situation where you don’t have a usable credit card while abroad, it’s a good idea to travel with a card that offers both authentication methods.

In this story, TPG will go over the top cards that offer chip-and-PIN capability. Each of the cards on this list still default to signature as the authentication method, but will automatically switch to PIN for systems that don’t accept signatures. Furthermore, none of the cards included have any foreign transaction fees. Note that although many cards come with a PIN, they are typically only for cash advances at ATMs.

In This Post

The Platinum Card® from American Express

(Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

This card stands out because it offers a generous 5x Membership Rewards points per dollar spent on airfare purchased directly with the airlines or through the Amex Travel portal, plus 5x points on prepaid hotels booked through amextravel.com. You can transfer your points to 19 airline and three hotel partners, plus enjoy a plethora of perks including trip insurance, access to multiple airport lounges, shopping protections, Hilton and Marriott Gold elite status, access to the Fine Hotels & Resorts (FHR) program and more.

Welcome bonus: 60,000 points after you spend $5,000 in purchases in the first three months.

Earning rate: 5x points on airfare and prepaid hotels booked through amextravel.com; 1x points on everything else.

Annual fee: $550 (see rates and fees)

Read our review of the Amex Platinum card.

Blue Cash Everyday® Card from American Express

(Photo by Eric Helgas/The Points Guy.)
(Photo by Eric Helgas/The Points Guy.)

The Blue Cash Everyday is best suited for beginners in the rewards credit card game. You’re earning cash back on a limited number of categories in exchange for no annual fee (see rates and fees), with no ancillary perks to accompany the card. If you aren’t spending more than a couple hundred dollars on a credit card per month, this card might make sense for you. While not considered a student credit card, it could help students and young professionals who already have credit history continue to build their credit profile while earning modest rewards.

Welcome bonus: $150 statement credit after they spend $1,000 in purchases three months from account opening.

Earning rate: 3% cash back on the first $6,000 spent annually at U.S. supermarkets (then 1%), 2% at U.S. gas stations and select U.S. department stores, and 1% on all other purchases.

Annual fee: $0

Read our review of the Blue Cash Everyday card.

Bank of America® Premium Rewards® credit card

Similar to Barclays, all Bank of America credit cards have PIN capability. However, you must manually request a PIN through your online account or by calling the number on the back of your card. You’ll get the most value from the Bank of America® Premium Rewards® credit card if you’re a part of the Bank of America Preferred Rewards program, as customers get a 25%-75% rewards bonus on every purchase.

The Points Guy
The Points Guy

Welcome bonus: 50,000 bonus points (worth $500) after you make $3,000 in purchases in the first 90 days.

Earning rate: 2x points on travel and dining purchases and 1.5x points on all other purchases.

Annual fee: $95

Read our review of the Bank of America Premium Rewards card.

Wells Fargo Propel American Express® card

(Photo by The Points Guy)
(Photo by The Points Guy)

The card has chip-and-PIN capability, although the main verification method is by signature. You can call customer support to check or reset your PIN.

Welcome bonus: 20,000 bonus points when you spend $1,000 in purchases in the first three months.

Earning rate: 3x points on travel, dining, gas stations and streaming services; 1x points back on everything else.

Annual fee: $0

The information for the Wells Fargo Propel has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Read our review of the Wells Fargo Propel card.

JetBlue Plus Card

This card is issued by Barclays, so the PIN feature works the same way as on the Barclaycard Arrival Plus World Elite Mastercard. While abroad, you can earn bonus points on restaurant and grocery store spending.

(Photo by Isabelle Raphael/The Points Guy)
(Photo by Isabelle Raphael/The Points Guy)

Welcome bonus: 40,000 points (worth $520) after you spend $1,000 in the first 90 days and pay the card’s annual fee.

Earning rate: 6x points on JetBlue purchases, 2x points at restaurants and grocery stores and 1x on all other purchases.

Annual fee: $99

Read our review of the JetBlue Plus Card.

AAdvantage Aviator Red World Elite Mastercard

(Photo by Eric Helgas for The Points Guy)
(Photo by Eric Helgas for The Points Guy)

It probably goes without saying that the AAdvantage Aviator Red World Elite Mastercard card is best suited for American Airlines flyers. It’s also issued by Barclays, so the PIN feature works the same as the issuer’s other cards.

Welcome bonus: 60,000 miles (worth $840) after you make a purchase in the first 90 days.

Earning rate: 2x miles on American Airlines purchases and 1x miles on all other purchases.

Annual fee: $95

Read our review of the AAdvantage Aviator Red World Elite Mastercard.

Hawaiian Airlines® World Elite MasterCard®

(Photo by The Points Guy)
(Photo by The Points Guy)

This card, best for those who fly Hawaii’s official airline regularly, is also a Barclays card and has the same PIN feature as the issuer’s other cards.

Welcome bonus: 50,000 bonus miles after you spend $2,000 on purchases in the first 90 days.

Earning rate: 3x miles on Hawaiian Airlines purchases, 2x miles on gas, dining and grocery store purchases and 1x miles on all other purchases.

Annual fee: $99

Read our review of the Hawaiian Airlines® World Elite MasterCard®.

Bottom Line

Chip-and-PIN capability doesn’t get much attention, but it’s an important feature to have when traveling abroad. Barclays and Bank of America currently lead the way in offering PIN capability, but hopefully more issuers will follow suit.

If you’re stuck abroad without a chip-and-PIN card, try using a mobile payment app like Apple Pay or Google Pay. This shouldn’t be seen as a complete workaround, since not all credit card terminals accept contactless payments, but the ones that do can use your phone for authentication so you shouldn’t be asked for a PIN.

Related reading:

For rates and fees of the Amex Platinum Card, please click here.
For rates and fees of the Blue Cash Everyday Card, please click here.

Additional reporting by Benét J. Wilson.

Featured image by mikroman6/Getty Images.

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*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.