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Bank of America and U.S. Bank top analyst Keynova’s CX best-practices benchmark evaluating leading issuers’ websites; key initiatives are tracking in-progress actions and enlisting cardholder engagement in account security

May 8, 2025 //  by Finnovate

Keynova Group, the principal competitive intelligence source for digital financial services firms, announced the results of the 2025 Online Credit Card Scorecard, a customer experience best-practices benchmark evaluating leading issuers’ websites. Bank of America and U.S. Bank tied for first place in Keynova Group’s competitive evaluation of the 10 leading U.S. credit card issuers. The latest findings highlight issuers simplifying digital processes and tasks to drive a more engaging user experience, giving cardholders the information they need to directly monitor their accounts and coupling content and tools with the credit profile to support meaningful insights. Key Findings: 1) Streamlining Digital Processes for Cardholders: Issuers are driving positive outcomes for cardholders by integrating previously discrete actions and information to streamline tasks, reduce redundancies and lessen the need for live support resources. To help mitigate unnecessary transaction disputes, which can be costly and time-consuming for issuers to handle, nearly all issuers now supply expanded transaction details, including displaying the merchant address or a mapped location, listing an identified purchaser for multi-user cards, or providing a digital merchant receipt to help cardholders identify purchases. 2) Helping Cardholders Manage and Monitor Digital Accounts: Enabling cardholders to participate in directly monitoring their account activity and reduce customer servicing costs, issuers are also expanding tools that empower digital users. For example, U.S. Bank recently introduced a Status Dashboard allowing cardholders to track in-progress actions including transaction disputes, balance transfers, credit limit-increase requests, and changes to customer information. Enlisting cardholder engagement in account security is another critical initiative. Bank of America and U.S. Bank each offer an online account security indicator (and Wells Fargo supports a similar tool via its mobile app) highlighting personalized actions that cardholders can take to protect their account information. Nearly three-quarters of issuers furnish last login date and time details on the authenticated landing page, and last login device information is increasingly provided for timely verification by the cardholder. In addition, as more organizations gain access to credit card and card account details, issuers are supplying lists of merchants that are storing a user’s credit card number or of third parties with data-sharing access to a card account, enabling cardholders to proactively control the availability of their personal information. 3) Enriching Cardholders’ Credit Profiles: New features that couple credit scores and reports with expanded content and tools can help cardholders better understand and effectively manage their credit profiles. Though it has become table stakes for issuers to supply cardholders with complimentary single sign-on access to their credit profiles, some issuers are supporting more highly tailored content.

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