A Bluetooth credit card is another name for the type of “smart” card that loads payment information from your phone using Bluetooth wireless technology when you need to make a transaction. Some good examples are Fuze and Stratos. Their main selling point is that you can load lots of different cards to your account, basically turning many cards into one and giving you less to carry around. But one big drawback is the cost; for example, Fuze will set you back $129.
Some people may also use the term Bluetooth credit card to describe a card such as the Capital One SavorOne Cash Rewards Credit Card. It contains a chip that allows you to make contactless payments at equipped terminals. But it actually relies on RFID technology, not Bluetooth.
Here’s what you need to know about Bluetooth credit cards:
They use Bluetooth wireless technology to download a card’s number, expiration date and security code from your phone when you’re ready to make a purchase. Your data is encrypted to help increase your security.
Through a phone app, you can add the details for all types of cards: credit, debit, rewards, membership, etc. You can then put this information onto your Bluetooth card.
You can make transactions with a Bluetooth credit card like any other card. But you get to choose which card to use with an app or buttons on the card itself.
Bluetooth credit cards work with swipe, dip/insert, and tap systems.
Bluetooth cards have security systems aimed to combat fraud. For example, you may be able to prevent your card from being used unless connected to your phone. You could also remotely wipe a card’s data or disable it.
Bluetooth credit cards are relatively new, so they aren’t too common yet. Whether or not you should get one really depends on how much you value having less to carry. While there have been some concerns about security and hacking, Bluetooth card creators regularly update their systems. And since you’re technically still using your actual credit card for the charges, you’ll almost always have $0 liability for fraud. Plus, you’ll continue to earn all the rewards your cards offer. Making a purchase via Bluetooth card is basically the same as using your card online.
The Fuze Card is an electronic device that looks and functions like an actual credit card but is more of an accessory. You can load the card numbers, expiration dates and security codes of up to 30 credit cards, debit cards, gift cards, etc., onto it in order to free up space in your wallet. It remotely connects to your phone, so you can wipe your data if it’s stolen or you lose it. It’s fairly expensive, though. A Fuze Card will cost you $180 after shipping and tax. … read full answer
You manage the card with an app downloaded to your phone.
In app, you’ll have the ability to take pictures of most types of payment and membership cards – credit cards, debit cards, gift cards, store rewards cards and even things like gym membership IDs. This will load their relevant info – numbers, expiration dates, and security codes for credit cards – onto your phone.
You can also swipe your cards in with a phone attachment, but that costs an extra $10.
To use your Fuze Card, press the power button and connect to your phone via Bluetooth to load the data you’ve added to the app.
When paying, using the buttons on the card to select which card you want to use. Then, you can swipe Fuze, put it in a chip reader or even just tap it, depending on what type of reader the merchant has.
You can choose your security settings in the app. The lowest one lets you use the card without being connected to your phone. The middle one only lets you use your card when connected to your phone, but you can override that with a password on the card. The highest level does not have a password override, so will only work when connected to your phone.
You can remotely wipe your data with the app if your card is lost or stolen.
At the end of the day, you have to ask yourself if literally lightening the load on your wallet is worth $180. Security isn’t reason enough to pay up because all credit cards give you a $0 fraud liability guarantee, anyway. And many offer some of the same features as Fuze, such as remote card management.
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