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Tired of Carrying a Zillion Credit Cards? Check Out Coin…

This is very cool:

A new company called Coin has introduced an electronic credit card that stores all of your credit cards within it. Or let me put it another way: it’s a credit card sized device that acts as a credit card. You choose which card you want it to be when you swipe it, then you swipe and pay for whatever you want. That’s it.

If you’re a dork like me, you may have 7 cards in your wallet right now. I do. Whatever – don’t judge me.

This will take care of that problem.

The card also comes with an app so you can disable it if it’s lost.

This is not that mythical electronic card that chooses the best card to optimize points (and at this point, all frequent flyer programs kinda suck, don’t they? Isn’t that what we’ve decided this week?)

The card costs $50 (plus $5 shipping) and will be sent out next summer, at which point I will have forgotten that I paid for it.

Learn more (or purchase) here (that’s a referral link – if you buy I get $5…feel free to use the link or not).

(Thanks, Jeremy!)

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  1. Very cool video, my one concern is when the try to verify my identity there is no name printed on the “coin” card. CVS isn’t going to like that.

  2. https://onlycoin.com/support/faq/

    Q. Can a Coin store my driver’s license or other forms of identification?

    A. Bottom line is that you should not rely on your Coin as a form of ID the next time you’re in line at the airport or at the club. A Coin can store an ID with a magnetic stripe, however, this will likely not suffice for you to use it out in the world. Many forms of identification have additional security features to ensure they are not fakes.

  3. Well, first of all, I must say this is a brilliant idea. I also have too many freakin’ cards in my wallet. In fact, a couple of years ago, I started to get occasional lower back pain. I was going to ask my doctor about it, and I read something about men getting back pain by sitting on their bulging wallets. I put my wallet in my front pocket and never had the pain again.
    I also don’t carry around all my cards. Just today I unexpectedly visited an office supply store and didn’t have my Ink card (5x points). If I could have only one card in my wallet, these problems would never happen.

    That said, as other commenters have already noted, I’m not yet sure “the world” is ready for this product. Eventually, I am certain I won’t need to carry all my credit cards to use them. I’m just not sure if the solution will be Coin or something else. No benefit in being an early adapter on this. So for the near future, my wallet will continue to bulge — in my front pocket, at least!

  4. @lahphx,
    At least the ladies have something to enjoy in the mean time.

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