Banks May Be Wasting Hundreds Of Millions Of Dollars On Metal Credit Cards

Published Dec 31 2021 at 10:04 PM GMT
  • This maker of metal credit cards has more than tripled its revenue in five years to over $260 million.
  • They (self-interestedly) argue that consumers move metal cards to top of wallet, and shift their spend onto those cards.
  • Behavior by American Express, Chase, and Capital One – using metal on cards, and indeed more and more cards – suggests they believe this is true.
  • The CEO of Composecure makes the pitch for metal cards.
  • Twenty years ago there was only the Amex Black Card.



  • Published Dec 31, 2021 10:04 PM GMT