An IC card and a terminal mounted with an IC card are disclosed. In one embodiment, the IC card includes i) a memory, ii) a plurality of contacts including a pair of RF contacts and at least one communication contact, a micro processor, selecting any one of a low speed communication protocol and a high speed communication protocol, processing data written in the memory by a command inputted through any one of the RF contact and the communication contact determined by the selected communication protocol, and outputting a corresponding response, iii) a high speed interface, communicating the command and the response through the communication contact by use of the high speed communication protocol, iv) a low speed interface, communicating the command and the response through the communication contact by use of the low speed communication protocol and v) a contact allotting unit, connecting the communication contact determined by the selected communication protocol to any one of the low speed interface and the high speed interface.