PASADENA, Calif., May 7, 2015 /PRNewswire/ -- Wallaby Financial, the leader in mobile and web-based credit card optimization solutions, today announced the launch of Version 3.5.0 of its Android application. The update brings ambient alerts for added convenience, and an overall improved user experience.

New in Version 3.5.0, ambient alerts will provide users with notifications on the lock screen of their Android device when they have a great deal on buying gas. As a user arrives at a gas station, the Wallaby app will automatically display a lock screen alert prompting the user to pay with the optimal card, helping them rack up the most miles, points, or cash back on each purchase.

"Wallaby strives to leverage new technology and functionalities as they become available," said Wallaby Financial Founder and CEO Matthew Goldman. "Just as we have succeeded as an early developer of applications for wearable technology, we continue to incorporate new features and functionalities into our applications. With ambient alerts, Wallaby for Android becomes even more intuitive and convenient, helping users save without any hassle."

Wallaby for Android brings consumers the power and accuracy of CardBase(TM), Wallaby's proprietary database of more than 2,500 credit card profiles. The app recognizes the user's location and automatically serves up an unbiased recommendation on which credit card the consumer should use for a given purchase. Suggestions are based on the user's preference in gaining more rewards, whether these are to gain more points, miles, or cash back on purchases. Through the app, consumers can access card recommendations, current credit utilization, and available credit balances quickly and securely.

After installing Wallaby on their Android device, users sign in or sign up for free and quickly add their current credit cards and preferences. When users launch the app, they immediately see which of their credit cards is best to use for a given transaction. The app recognizes the user's location and provides an instantaneous recommendation to help them achieve their financial goals.

Wallaby Version 3.5.0 for Android is available in the Google Play Store and at https://www.walla.by/mobile

About Wallaby Financial Inc.

Wallaby Financial ("Wallaby") is the leader in credit card data and consumer financial information applications. Powered by CardBase(TM), a proprietary database of more than 2,500 credit card profiles, and Wallaby's unique real-time optimization algorithms, Wallaby's product suite helps consumers to earn more rewards and save more money. Wallaby informs consumers about which card to use when shopping, and helps them find the best credit card to add to their wallets by taking into account rewards, fees, interest rates, and other financial data. Wallaby products are available for Web, iPhone, Android, wearables, and more. For more information, please visit https://www.walla.by. Stay connected with Wallaby on Facebook or on Twitter @wallabycard. Wallaby is a subsidiary of Bankrate, Inc. (NYSE:RATE).

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SOURCE Wallaby Financial Inc.