Yes! Now you will have a digital representation of their card located in the "Card & Account" section. You can view the card details and use it for online shopping or manually add it to other apps. You will be able to easily save it to Apple Wallet and Google Pay, enabling contactless purchases in stores and other places.
To learn how to add your card to Apple Wallet, visit the following article.
To learn how to add your card to Google Wallet, visit the following article.