Why you should never swipe a chip credit card

By now you probably have at least one card that uses a chip.

And while they're supposed to be safer — that's only if you use them the right way.

Some retailers still don't have chip card readers set up in their stores.

Which is where the problems start...

If you swipe a chip card instead of inserting it into slot, the merchant is responsible for covering any fraudulent charges — not the bank.

As some retailers aren't in a financial position to cover major security breaches, that means you get stuck covering the costs, according to Adam Levin, founder of Identity Theft 911 and author of Swiped.

Either way, if you approach a check-out without a chip insert, just pay with cash instead. Or if you do swipe, make sure you monitor your account closely to watch for fraudulent charges.