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I just wish banks had the option to get a card without a magstripe. I could use the chip-only card for day to day stuff and only use the magstripe when I travel to the U.S.

You can easily demagnetise it, with even a kitchen magnet [0].

[0] http://lifehacker.com/5780617/how-to-prevent-yourself-from-o...

Yes

And then your card is useless when in a place that only reads the stripe (like, that uses Square)

The European competitor to Square uses the chip. And I already suggested to keep a separate magstrip card for traveling to less developed countries.

kalleboo was asking about getting a card with no magstripe, so I assume he's OK with that

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