Mobile Applications

Credit Card Apps (Mostly) Hold Their Ground In Latest Provider Ranking

credit card app

We’ve said it before in this space, and we’ll keep saying it: stability in financial apps is a good sign, reflecting the reliability that our hypercomplex global financial ecosystem runs on.

Happy news, then, that this latest edition of PYMNTS Provider Ranking of Credit Card Apps displays the holding power of top-performing cards, even as upstarts and innovators hope to make their way into the Top 10 with credit card experiences built for mobile consumers.

The Top 5

This time out there’s been some movement in the Top 5, though not much elsewhere.

Keeping the crown at No. 1 in the new Provider Ranking of Credit Card Apps is Chase Mobile, followed by the only changeup in chart positions for this entire run of the Ranking.

Climbing one spot to No. 2 is Capital One Mobile, bumping the Bank of America Mobile Banking app down one position to No. 3 this month.

That’s it for trading places in the Top 5, with the Wells Fargo Mobile app holding steady at No. 4, and Discover Mobile finishing out this grouping at No. 5 yet again.

The Top 10

It’s a bit more of snooze fest in the bottom half of the Top 10 for this latest Provider Ranking of Credit Card Apps, as a handful of card apps have latched tightly onto chart positions.

At No. 6 is the Credit One Bank Mobile app, followed, as in the previous Ranking, by the American Express app at No. 7. The card-organizing MySynchrony app ranks at No. 8 for another month, with PREMIER Credit Card just next door at No. 9.

Finally, at No. 10 is the Cards — Mobile Wallet, taking us out until the next Ranking.

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About: From the online betting sector where one’s physical location at the time of wager is a matter of state law, to banks complying with stringent international Know Your Customer (KYC) regulations, geolocation services are proving a powerful weapon against fraudsters. Curiously, however, new PYMNTS research shows that consumers are more willing to share location data with food-ordering apps than with their own bank’s mobile app. Be part of the discussion as PYMNTS CEO Karen Webster and experts from the geo-data sector talk about the revolution in geolocation data usage, and why banks must take part.

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