No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
With all the new technology we have today, Im wondering how much longer the CCC will be issuing cards. My guess is that many of the prime cards may already be experimenting. Have any of you holders of prime cards ever been given the option to have something besides a card issued to you?
said what ???
what do you mean by the "card" ???
He means that our cell phones will eventually become our cards and our cash. Different companies are launching different products that are going to move us this way over the next few years.
Pretty sure the op is talking about virtual payment methods (eg google wallet)and if/when they will completely replace physical credit cards
Full displacement of cards will not happen but they could coexist. Good luck telling my Mom she has to have a cell phone if she wants to pay using credit. Maybe the CCC will pay cell her bill as a way to buy her business.
I can hear it now... Oh man, I really wanted to buy dinner but my phone is dead... I could be wrong, cars will fly in the year 2000 Oops!
Citi and other banks offer key fobs.
@jake619 wrote:Full displacement of cards will not happen but they could coexist. Good luck telling my Mom she has to have a cell phone if she wants to pay using credit. Maybe the CCC will pay cell her bill as a way to buy her business.
I can hear it now... Oh man, I really wanted to buy dinner but my phone is dead... I could be wrong, cars will fly in the year 2000 Oops!
Might not be full displacement but I can imagine old-style cards becoming almost a niche, and issuers focussing on other technologies. One huge win for the cell phone-based solutions is that it incorporates GPS, allowing merchants to present special offers on various cards when the user is in the vicinity, increasing use for the credit supplier. And then for the user there are apps which can advise you which card to use to get the best reward etc, so users will prefer this, as well as being one less thing to carry.
Yes, it's hard to know if we are in flying-cars-by-2000 land, but many people never predicted the rise of cell phones over the last two decades. In mid 2012, 34% of households had wireless phones only. As time passes, this will become much greater. (Imagine trying to sell the concept of a landline phone now. "When people call, it may not be for you, but someone else in the house. And if no-one is there, well, you can find the message when you get back home.")
Or some other new technology might take over, transmitting devices planted into the eyes at birth for example! (People might want to minimise the number of "cards" they apply for in that case).
Sorry I wasn't all that clear...
I agree that any new technology will coexist with the cards that are currently issued. For a while now, I have seen the occasional article showcasing the alternatives to actual cards. Im just wondering when or if one of the big CCC will start using alternatives to cards. Im even more curious to know if we as consumers would prefer the alternative or do we like the prestige of presenting certain cards.