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How To Use A Credit Card Wisely

- 11:19 PM

Using Credit Cards Wisely
photo src: www.thebalance.com

Wisely is a mobile application that generates shopping and dining recommendations based on user transaction data, rather than user reviews. It also allows users to manage personal finances.


Using Credit Cards Wisely
photo src: www.thebalance.com


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Development

Wisely Inc was cofounded in 2013 by Tyler Felous and Mike Vichich, who met at the consulting company Accenture. The Wisely app was launched for iOS in December 2013, while an Android version remains in development. Wisely requires iOS 6.0 or later. Its latest release version (1.0.3) was made public on January 9, 2014.


How To Use A Credit Card Wisely Video



Features

Wisely connects to its users' credit cards, which allows users to set a budget, monitor their purchases over time, map them geographically, and identify fraudulent transactions. According to Vichich, the app aims to create a "map of the economy" and "democratize spending decisions". The app also allows users to scan loyalty cards. Wisely currently only supports American Express cardholders.

Source of the article : Wikipedia



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