Posted by William Charles on July 10, 2019
Credit Cards

Published on July 10th, 2019 | by William Charles

41

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



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Frank
Frank

Contactless isn’t great yet: tried doing it with chase and usually it’s unclear when readers are contactless and then the few times it is I get an error telling me to insert the card anyway. Not worth looking like an idiot holding the card near the machine only to insert anyway

Shay peleg
Shay peleg

Works great abroad

Quagmire
Quagmire

Agreed with both of you guys. Here even if the reader has the contactless icon/says tap on the screen it won’t work or gives an error. The readers themselves are unclear on where to tap because of their design. In Iceland I was able to tap at every place I went to except 1 small ice cream shop.

RY
RY

Yep, went to vancouver canada recently and everything was contactless…. even cabs and mom and pop shops.

Russ
Russ

Contactless IS great! A couple places I go often have it and it’s easier and better than chip readers that sometimes chew up my cards. Hopefully lots more places will get contactless readers soon.

Bobby
Bobby

FWIW, I haven’t had any issues. I exclusively use contactless at places that accept Apple Pay now.

Midnight
Midnight

Same problems encountered as previously mentioned. Another annoying thing I’ve encountered is some tap and pay transactions end up being hold and pay since the machine is very slow in recognizing the “tap” and you end up having to hold it against the machine for as long as a chip transaction.

Zac
Zac

I thought Discover is the latest card issuer to begin issue contactless credit card. At least mine is still non-contactless 🙂

VG
VG

I asked Discover, they said the only way to use it contactless is from a mobile wallet.

Gino
Gino

Because of course – let’s trial contactless months after the bigger guys have rolled it out nationwide.

BofA could have asserted some dominance here by going to chip+pin priority on their cards with no FX fees.

K
K

Better than Citi. They still haven’t do anything about contactless

Jik
Jik

Strangely enough the costco card has contactless. Must be costco’s doing.

K
K

Only Costco and the new reward+ have contactless in the US market I believe.

VG
VG

They have contactless across all the Citi cards now. I just got mine, had to request it.

Stan
Stan

Awesome! Can’t wait to get denied for these.

Trevor
Trevor

I felt cool when I was one of the rare few using contactless on PNC and ING debit cards circa 2013.

I always felt Apple Pay was a dumb step in the wrong direction when banks moved away from contactless around 2015. Apple Pay added an extra (unnecessary) step of involving Touch ID.

Jon
Jon

Dumb step involving security? I’m so confused how anyone thinks it’s better to not require authentication when making transactions..

Mooo
Mooo

Especially when that authentication is simply testing your finger on the home button or glancing at the screen (Face ID) lol

Louis
Louis

Welcome to 2010 America

Lrdx
Lrdx

I had a European contactless debit card in 2006.

scripta
scripta

Contactless cards in 2010 America had no security at all. The European cards in 2006 used the EMV chip that American cards are (or should be) using now for contactless.

SounderTID
SounderTID

This is great news for international travelers. B of A cards already have PIN for purchases in places like Spanish Metro ticket machines. Contactless is widespread in many countries and skips the need for a signature

Vy
Vy

A little bit of progress is nice, but it’s not nearly enough.

Once again, the American CC industry is way way behind its European/Asian counterparts. Many U.S. retailers are still clinging to magnetic stripe readers for dear life, and chip+PIN remains a rarity. By the time contactless becomes the mainstream standard in the U.S., it’ll be obsolete elsewhere.

Snorlax
Snorlax

Contactless cards under the “PayPass” branding were a thing in the mid-2000s but seemed to have died out.

googlre10
googlre10

Amex contactless cards works flawless. One less step while swiping…

Mr G
Mr G

I’m not in one of the targeted markets, but when I get back to the US from Europe at the end of June I’ll give Bank of America a call and see if they’ll let me try a contactless card. Wish I had it with me now since having to sign for credit card purchases in Europe is so frustrating.

Mark
Mark

So I got the exciting email from BOA today stating, “Good news! You’ll be one of our first customers to receive a new contactless credit card.” Naturally I felt like I was the only one for BOA and our hearts were intertwined, so it was hard to hear everyone in NYC where I live is getting one. I still believe in getting the bank love and affection I long for one day, but until then I will dream.

Mr G
Mr G

Needed to call B of A for another issue today so of course I asked about getting the contactless cards. They said unfortunately it’s not possible unless you are in one of the targeted markets.

Mj
Mj

I’m surprised they still don’t have real-time transaction alerts except for online purchases. They send them out after a transaction posts.

joe camel
joe camel

I have alerts for personal and business cards from BofA, they are sent within a few seconds of the transaction.

Mike
Mike

How you set it up? I have both business and personal cards

AJ
AJ

Yea, I am curious how you did that as well? I always get notified after the transaction posts which is very annoying.

Denis
Denis

well I don’t know how but couple of times my BofA card was blocked right after a transaction and I had to either text or press a button in the app to unlock it
didn’t do anything for enabling this feature

joE
joE

All my cards are contactless, it’s called Samsung Pay!

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