In the event you lose your credit card, it’s not always easy to replace it right away. In some cases, even if you have insurance on the card, you may have to wait anywhere from a few days to several weeks before you can get a new one in the mail or in your hands by visiting the bank or credit union that issued the card. To make up for this period of time without access to funds, you may decide to clone your card so that you can pay for purchases with another physical version of the same thing that allows you to get what you need and continue life as usual.
Options for cloning
There are two main options for cloning a credit card with chip: either by skimming (copying info from an inserted chip), or by taking photos of an inserted chip. Both methods aren’t recommended, but if you have to do it, there are ways. The safest way is to use one of your own cards and clone that—but if you don’t want to risk your own cards, here are some tips. Skimming: The first option is to skim a chip-enabled card using an EMV-card reader that has been modified for nefarious purposes—these readers can be purchased online and easily connected to any computer. To clone a credit card with chip using these readers, just insert your original card into one end and swipe another EMV-chip enabled credit/debit/ATM card through the other end; in seconds, your new cloned copy will be ready for use at any store that accepts EMVs.
Pros and cons of each method
Cloning a credit card with chip is one of those things that seems incredibly simple, but isn’t. There are two ways you can go about cloning your credit card: by using black market card-cloning software or through physical tampering. Both methods have their pros and cons, but we feel that physical tampering is far more effective—especially for beginners who don’t have access to any sort of illegal programs. Let’s take a look at each method individually
How to make your own personal chip reader
For security reasons, credit cards with chips in them require an external card reader before they can be swiped. But some enterprising fraudsters are finding ways around these security measures—and one of their favorite tricks is cloning. We’ll teach you how to make your own chip card reader so you can clone as many credit cards as possible!
Interesting ways people get scammed
Buying a used car? Make sure you know how many miles are on it. Selling or buying a home? Beware of deals that seem too good to be true. Chances are, they’re just that. These scammers may not even bother with phony emails—they’ll come right out and tell you their sob story in person.
Different types of cards you can clone
While you won’t be able to clone all chip cards, they tend to be used with different types of transactions than magnetic stripe credit cards. If you get your hands on one, or if you already have one, you can do all sorts of things with it. The most common type of card that people clone are gift cards.
Pros and cons of each type of cloned card
The chip in credit cards allows for better encryption and authentication, preventing unauthorized access. While it may be more secure than a magnetic strip, it’s not totally hacker-proof.
Things to keep in mind
Your primary objective is cloning a credit card with chip, but also it’s important to remember that while they’re supposed to be more secure than cards without chips, experts say they still aren’t completely safe. Consumers should assume that if their credit or debit card number falls into wrong hands, it will likely be used, says Chris Kramer, VP of Payments at security firm Trustwave.