No. The extra layer of security only applies when the chip is processed through the terminal. Rest assured, we have 24/7 fraud monitoring that watches your transactions for suspicious activity and will alert you if they identify any. It’s also important, on all of your cards, to monitor activity. The sooner you notify us of unauthorized purchases, the sooner we can reimburse you and prevent further transactions from occurring. It’s also wise to practice safe shopping online by visiting only trusted sites that begin with https and never make purchases over Free WiFi networks – such as those offered at coffee shops and other public retailers. These public networks are not secure and easy for fraudsters to steal information from.