MyCardBlog

Nowadays Google is everywhere. And indeed we need Google. Google provides search engine, maps, news, videos, emails, shopping tools (Google checkout), online advertising services (Google Adwords and Google Adsense), calendar, Google readers, Picasa web album, web browser (Google Chrome) and even the latest operation system on mobile devices (Google Andriod)! The truth is we live with Google. Can you imagine the days without Google?

However, the only question remains is (as a credit card expert): will there be any possibility of Google Credit Card? Or more precisely, the gCard. Right now, we have Visa Card, MasterCard, Discover Card and American Express in US market. (There might be also other credit card products from other countries like China’s China UnionPay.) I think it’s very natural to have the idea of inventing a gCard just follow the Google Checkout. Because we believe Google has the ability to get a new kind of credit card product to the market.

Of course, this just is a speculation. But if Google can really launch a new credit card product like gCard, we can expect great rewards program and best cash back. Just like Microsoft offered 35% cash back for shopping at eBay through live search. Maybe we can expect 5% cash back for a year for using Google Credit Card or maybe 5% cash back for the first 3 months just as the Citi CashReturns Card did.

I should admit that inventing a gCard might be a little bit difficult and if Google really wants to involve in the payment industry, it will cost Google a lot of money.

However, why I want to mention the gCard here? Because we never seen a credit card product from Google with other credit card issuers at US. For any company like Google, I think it’s very easy to launch a co-branded credit card product with any credit card issuers at US. Because we never seen a Google Visa Card issued by Citi Bank, a Google MasterCard issued by Chase, and a Google American Express card issued by American Express……Furthermore, Bill Me Later was lately acquired by PayPal. And Google checkout is still far behind the PayPal in terms of the transaction amount. I believe Google has the ambition to launch the Google Credit Card with their own payment system (gCard).

Anyway, I think there will be a Google Credit Card comes out in the near future as a step following the Google Checkout.