It's not just the cost of the new cards -- all the payment terminals would have to be upgraded as well. AFAIK, unless you're in a major international city (NYC

It's not just the cost of the new cards -- all the payment terminals would have to be upgraded as well. AFAIK, unless you're in a major international city (NYC, Washington DC, SF) the terminals in the stores & restaurants don't know what to do with a chip-only card.