Can I use my SoFi Money Debit Card at locations without a chip-enabled terminal? February 21, 2020 23:23 Updated Yes, you can use the magnetic stripe on the debit card at merchants and ATMs that don’t have chip-enabled terminals. Related articles How do I use my SoFi Money Debit Card to make purchases at a chip-enabled terminal? What is chip card technology? Can I proactively request a Mastercard on the transition date, or do I need to wait for the Mastercard to arrive? When will I receive my SoFi Money Mastercard Debit Card? Can I use my chip card outside the US?