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Credit Card Trends to Watch For
While bank cards have existed for some time, technology and consumer demand always look like driving rapid adjustments to the ways people make payments. Here are four bank card trends to hold an eye out for around ahead.
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the continued proliferation of metal bank cards and the introduction of all-new, eye-catching bank card designs.
- Going More and More Mobile
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- Interest Rates May Continue to Climb
- A Redoubling of Attention to Security
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With seen data breaches from the news over the past year, search for more efforts show them new precautionary features from credit agencies and bank card companies alike. According to the Identity Theft Resource Center‘s mid-year report, the volume of data breaches was projected reach 1,500 through the end of 2017. That would represent a 37 percent increase from 2016, which has been already an all-time high.
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As new security solutions appear, be sure not to overlook those who are already around to help protect from identity theft and credit fraud. For example, Discover offers free Social Security Number alerts to its cardmembers who join them.* These alerts help cardmembers protect themselves from identity fraud by alerting users when their Social Security Number can be found on one with the thousands of risky websites being monitored. Additionally, cardmembers get an alert if any new bank cards, mortgages, car financing or other accounts are opened on the Experian credit profile. It’s one more manner in which Discover itself is on top in the latest debit card trends.
Stay together with these emerging bank card trends to assist ensure that you’re staying safe, efficient, and experienced in your charge card use.
Identity Alerts can be found by Discover Bank free of charge, only accessible online, and add some following services:
Identity Alerts can be found by Discover Bank free of charge, only accessible online, and add some following services:
- daily monitoring of one's Experian® credit score and advice when a new account is listed on your own report;
- daily monitoring of a huge number of risky websites famous for revealing personal data and a stern warning if your Social Security Number on can be found on a real website.
This information is suitable for, and just provided to, Primary credit cardmembers whose accounts are open, up to date and have a particular email address on file. The Primary cardmember must agree online to take delivery of identity alerts. Identity alert services use Experian information and data which could differ from information and data at other credit agencies. Monitoring your credit profile does not impact to your credit rating.
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