A portable electronic device includes a housing defining an opening and a chip card ejecting mechanism. The chip card ejecting mechanism includes a pin slidably retained to the cover, a hinged carrier retained to the housing, and a spring. The hinge carrier includes a biasing plate resisting the cover, and the hinge includes a latching block and a resisting block. The latching block is latched with the hook to hold the cover in the opening. Depressing the pin against spring pressure exposes the chip card for easy removal.