Digital wallet selects the best credit card
The Wallaby Card is connected to each of its users’ credit card accounts and is able to select the best one to take advantage of rewards and savings.
Those creating an account with Wallaby load the details of the bank cards they want to link to their digital wallet, which are stored online. Both the continuous and one-off benefits tied to each card are monitored by the service and users can pick the type of rewards they usually choose for those cards. Customers can then replace the various cards they usually carry around with the single Wallaby Card. The date, location of the user and their card details are checked every time the Wallaby card is used to ensure that the best card linked to the digital wallet is chosen to enable customers to make optimal use of deals and their money. Currently in limited beta trialling, the Wallaby Card will cost nothing for the first six months of use and USD 50 a year after that, although the company believes many will make that back in rewards.