Published on July 10th, 2019 | by William Charles44
Bank of America To Begin Issuing Contactless Cards (Aiming For 2020 Nationwide)
Update 7/10/19: Bank of America is planning to replace all cards to contactless by 2020 or prior to the card expiring. Hat tip to reader VG
Bank of America is the latest card issuer to begin issue contactless credit and debit cards. Some card members have received an e-mail in the past few days informing them that a new card will be issued and this will include contactless functionality. Chase was the first major issuer to begin issuing contactless cards and Wells Fargo made a similar announcement at the start of last month as well.
To begin with Bank of America will be reissuing cards to all people with an address in New York, Boston or San Francisco. These cities were chosen because of the number of contactless merchants available, for example contactless cards can now be used in the NYC subway system.
Bank of America will be using these cities as a test to determine if rolling out contactless cards nationwide is worth the expense or not.
Hat tip to reader SD