Credit Cards Evolve Toward All-Purpose Financial Services Accounts
Personal loans & BNPL can increasingly be accessed via card accounts —one of several trends reshaping how consumers use this banking product.
Credit Card Trends
The latest trends in credit cards, including contactless cards, virtual credit cards, rewards cards, mileage programs, travel points, cash-back loyalty incentives, balance transfer offers, rates/APRs, and other marketing strategies issuers can use to open more credit card accounts.
How Banks Can Help Customers Tame Credit Card Debt
Community banks and credit unions can unlock lending opportunities by helping customers get a grip on credit card debt.
Behavior-Based App Helps Consumers Manage Rising Credit Card Debt
The app 'Debbie' is the Noom for credit cards. It uses behavioral psychology and habit-changing lessons to help consumers pay down card debt.
Durbin 2.0 Threat: Banks & Credit Unions Brace for Significant Impact
Banks relying on interchange fees to fund credit card rewards programs face difficult budgetary decisions if the Durbin bill passes.
How Card Issuers Can Stay Top of Wallet Amid Fierce Competition
With a billion credit cards in use in the U.S., and BNPL gaining fast, primary card status is tougher to achieve (and more vital) than ever.
Capitalizing on the ‘Pay with Points’ Credit Card Rewards Trend
Credit card reward points, historically limited to specific purchases, are becoming a type of currency, a trend that could boost card usage.
Digital Wallets and Push Provisioning Enlarge Banks’ Payment Options
Customers demand intuitive, easy payment options. Banks and credit unions can meet the expectation by getting on board with digital wallets.
Rising Credit Card Debt Signals Bleaker Financial Outlook for Consumers
Wringing inflation out of the system is already hurting many consumers as rates rise. More pain is coming for them and for banks and fintechs.
Credit Card Rewards Would Be Collateral Damage in ‘Durbin 2.0’ Bill
The Durbin Amendment is blamed for the near elimination of debit card rewards. A new Durbin bill could do the same for credit card rewards.
Rising Numbers of Stressed Consumers Seek Alternatives to Credit Cards
Higher interest rates and alternative lending options, especially BNPL, prompt financially strained consumers to spend less on plastic.
The Pros & Cons of ‘Cashback Calendar’ Credit Card Rewards
Cashback is a fan favorite of credit card rewards programs, but should a rotating cashback calendar be part of your card marketing lineup?
How Long Will Credit Card Borrowing Defy ‘Economic Gravity’?
Chase, U.S. Bancorp, BofA and others haven't seen any notable downtick in card performance. (They wouldn't mind seeing balances tick up.)
3 Keys to Building the Right Credit Card Product Strategy
A successful credit card strategy must be based on three essentials: tailored products, mobile technology and financial education tools.
Innovation and Inflation: Two Trends Changing Credit Card Marketing
Rising rates have refocused credit card 'revolvers' on the cost of interest, and climbing prices prompt innovative features from issuers.
Over 50 Credit Card Trends & Statistics for Banks in 2022
'The average American owns three credit cards.' 50 more credit card stats like that cover balances, payments, rewards, Gen Z use and more.
It Takes More Than Convenience to Acquire Credit Card Users
A low APR is still key, but new research reveals that active credit card users consider almost five factors, on average, when choosing cards.
Satisfaction With Credit Cards Plummets: What’s Going On?
Nearly all issuers saw declines for the first time in years. The pandemic revealed several weak spots relating to service, terms and rewards.
Debit Cards Dethrone Credit Cards (And Why That’s Likely to Stick)
Total debit card spending passed that of credit cards for the first time in 2020. The pandemic was a big reason, but not the only one.
Three Trends That Are Redefining the Credit Card Industry
The pandemic's powerful impact on spending habits will have long-lasting effects on digital payment channels, loyalty and credit quality.
On-Demand Cards Are a Key Branch Relationship Builder
Instant issuance of new or replacement cards is now expected by consumers. It also creates three benefits for financial institutions.
6 Ways to Win Top-of-Wallet Status With a Digital-First Card Strategy
Key elements in a digital-first journey range from quick issuance to simple controls. Attract cardholders with card modernization.
Financial Marketers Must Rethink Consumer Banking Campaigns
The pandemic affected how consumers see multiple financial needs. Tools and techniques for promoting services will have to evolve.
