With the increasing use of technology in everyday life, it’s no surprise that the banking industry is following suit. Digital cards, also known as virtual cards, are becoming more popular among banks and consumers alike. These cards offer a range of benefits, including convenience, security, and flexibility. In this article, we’ll take a closer look at banks that offer digital cards and their features.
What are digital cards?
Digital cards are essentially virtual versions of physical credit or debit cards. They allow users to make purchases online or through mobile apps without the need for a physical card. Instead, users can access their card details through their bank’s mobile app or website and use them to make transactions.
Benefits of digital cards
There are many benefits to using digital cards, including:
- Convenience: Digital cards allow users to make purchases without carrying a physical card.
- Security: Digital cards provide an added layer of security as they are not susceptible to skimming or physical theft.
- Flexibility: Digital cards can be easily cancelled or replaced if lost or stolen.
- Control: Digital cards offer users more control over their spending by allowing them to set spending limits and monitor their transactions in real-time.
Banks that offer digital cards
Many banks are now offering digital cards as part of their services. Some of the most popular ones include:
1. Chase
Chase offers a range of digital cards, including the Chase Freedom Unlimited® credit card. This card allows users to earn cashback on purchases and comes with a range of security features, including fraud alerts and zero-liability protection.
2. Bank of America
Bank of America offers a digital debit card called the Bank of America® Advantage SafeBalance Banking® Visa® debit card. This card offers no overdraft fees and allows users to set spending limits and monitor their transactions in real-time.
3. Capital One
Capital One offers a range of digital cards, including the Capital One® Platinum Credit Card. This card comes with fraud coverage and allows users to earn cashback on purchases.
4. Citi
Citi offers a digital credit card called the Citi® Double Cash Card. This card allows users to earn cashback on purchases and comes with a range of security features, including fraud alerts and zero-liability protection.
How to get a digital card
If your bank offers digital cards, you can usually apply for one through their mobile app or website. Once approved, you’ll be able to access your card details and start using it to make transactions.
Conclusion
Digital cards are the future of banking, offering customers a range of benefits and convenience. With many banks now offering digital cards, it’s worth considering whether they’re right for you. If you’re interested in getting a digital card, check with your bank to see if they offer this service.