73% of Card Users Say They Prefer Cards with Linked Offers — But Just 41% Used Them
Card-linked offers can attract new customers, but data shows merchants and issuers need to boost awareness to reap the benefits. PYMNTS Intelligence’s recent survey of 2,069 U.S. consumers finds that one-third are likely to switch to merchants that offer card-linked offers — yet 38% of holdouts have not used these rewards because they do not know they exist.
Read more in “Leveraging Item-Level Receipt Data: How Card-Linked Offers Drive Customer Loyalty,” a collaboration with Banyan.