To attract younger customers, credit card companies are becoming more creative than ever. This year at least two financial technology (fintech) companies are launching credit cards that provide between 1% and 4% back on cryptocurrency. Another fintech company is launching a card that pays 2% back to pay off student loans. It’s safe to say that we can expect more cards like these to follow.
One example of a card specifically made for the younger generation to build credit is cred.ai – this card has no fees and doesn’t allow you to spend money you don’t have. It’s like a debit card but you’re actually building credit and paying zero. It’s 100% mobile, offers a heavy, cool, metal credit card to carry with you, and offers special exclusive perks that allow you to do amazing things like receive your paycheck up to two days early.
— Harris