Secondly, while the bonus categories are nice, I'm not sure I
use mobile wallet payments enough to justify going out of my way to get this card.
According to a BGR source, Bank of America has started inviting select customers to trial its
new Mobile Wallet payment service program based on NFC technology.
For Q1 2018, these categories consisted of gas stations, internet / cable services, and
mobile wallet payments such as Chase Pay, Samsung Pay, Apple Pay, and Android Pay.
Although Walmart may be challenging Apple
in mobile wallet payments, it's likely more focused on holding off rival Amazon by using digital services to stay engaged with its consumer base.
With the iPhone 6, Apple is expected to debut a new
Mobile Wallet Payment Systems, enabling users to make pay for physical goods right from their devices.
For example, in Q1of 2018, Chase offered 5 % back
on mobile wallet payments, gas stations, and internet / cable / phone services making it very easy to max out the bonus spend for many.
Whether this card is worth keeping long - term will depend on how much value you can get from the bonus categories, particularly the 3x points on
mobile wallet payments, which is unique.
The reason why this is an interesting move is because U.S. Bank Altitude Reserve Card earns 3x on
Mobile Wallet payments.
The Freedom will earn you 5X the points on rotating categories, such as gas, groceries,
mobile wallet payments, and many others.