1. More brands will launch their own cards

In 2017, we saw the launches of the Amazon Prime Rewards Visa Signature card and the Uber Visa, as well as the announcement of the Starbucks Visa card. Retailers often see a branded card as a way to capitalize on customer loyalty — and if rewards are liberal enough, many customers are happy to sign up. On the off chance that your favorite retailer doesn't yet have a spot in your wallet, there's a good chance it will soon.

2. Premium cards will offer even more luxe benefits

Premium cardholders have come to expect advantages including airport relax access, high rewards rates, ride-sharing credits and travel credits. To stand out, issuers may have to get even more creative.

3. Issuers will focus on long-term customer loyalty

Sign-up bonuses can be attractive to customers, yet costly for card issuers. In fact, sometimes issuers wind up dialing back those offers. Instead of focusing on enormous, upfront incentives, a few issuers may disentangle their reward structures or redemption procedures to make their items more appealing as time goes on. And long-term loyalty is important to these companies, because cardholders who stick around may probably use the guarantor's other financial items, for example, mortgages or auto loans.

Issuers can also promote loyalty by emphasizing customer service. Find as of late launched in-app messaging, which makes it easier for customers to connect with an agent via the app.

4. Credit cards will come in more shapes and sizes

Cardholders have already shown an affinity for metal cards so strong they can slice limes; they also appear to appreciate card esthetics. Card issuers will probably continue to play with different colors, and even shapes, to catch consumers' attention.

5. Issuers will ramp up their emphasis on security

Late prominent data breaches may have card issuers doing more to comfort security-conscious consumers. Credit score monitoring, data fraud assets and enhanced fraud protection are among the features you may find.

At Capital One, in addition to a zero liability fraud policy, credit card holders have access to an account-monitoring program called Second Look. Potential issues are flagged for customers to audit.


Author's Bio: 

Hi, I am Jack Smith. I am a Professional Content Writer. And I am Working in Internet E-Publishing at Lexicon Group. and My Graduation Was Completed in University of Houston-Victoria, Texas. My Interest going on online payment gateway system.