12 credit card predictions for 2014

More fees, easier access and more late payments could be in store

Prepare to say goodbye to swiping your card each time you make a payment. Issuers are just starting to roll out the next generation of credit cards -- and they look noticeably different from the plastic you're carrying around now.

Experts say that 2014 will be the year that the traditional magnetic stripe credit card will start to slowly make its exit in the U.S.

The next credit card you receive in the mail, for example, may feature a metallic chip that you can insert into a card reader before entering a PIN. Or your credit card details may be embedded in an app on your phone that allows you to skip paying with plastic altogether.

Issuers, meanwhile, will continue to experiment over the next year with cutting-edge technology -- and a wealth of new data -- that will help them lure new customers and encourage cardholders to spend.  

CreditCards.com talked to some of the nation's leading credit experts and asked what lies ahead in 2014. Here's what they had to say:    

See related: More issuers offer credit cards with no foreign transaction fees, Fed: Credit card balances shot up in October 

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Updated: 03-23-2019