credit card rewards

Inflation Pushes Consumers to Seek Everyday Value From Credit Card Rewards
Inflation Pushes Consumers to Seek Everyday Value From Credit Card Rewards
December 18, 2024  |  Credit Cards

Rewards are among the key determinants in how consumers choose — and use — credit cards. In the PYMNTS Intelligence report “The Role of Rewards...

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CFPB Reports ‘Dramatic’ Increase in Complaints About Card Rewards
CFPB Reports ‘Dramatic’ Increase in Complaints About Card Rewards
December 18, 2024  |  CFPB

America’s leading consumer finance watchdog is warning credit card companies not to devalue rewards points. The Consumer Financial Protection Bureau (CFPB) issued a policy circular Wednesday (Dec. 18) arguing...

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High-Income Shoppers Seek Store-Specific Card-Linked Rewards  
High-Income Shoppers Seek Store-Specific Card-Linked Rewards  
June 04, 2024  |  Loyalty & Rewards

For shoppers with the most cash to burn, PYMNTS Intelligence data reveal, store-specific card-linked rewards go the longest way toward driving spending. By the Numbers...

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Citi Upgrades Premier Card As Travel Spending Takes Off
Citi Upgrades Premier Card As Travel Spending Takes Off
May 13, 2024  |  Travel Payments

Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased...

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Co-Branded Credit Card Holders Seek Perks From Retailers
Co-Branded Credit Card Holders Seek Perks From Retailers
May 10, 2024  |  Credit Cards

Among consumers turning to co-branded credit cards to maximize their rewards, the lion’s share want these perks from their favorite retailers, PYMNTS Intelligence research shows....

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CFPB Says It Is Monitoring Credit Card Rewards Programs
CFPB Says It Is Monitoring Credit Card Rewards Programs
May 09, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) said Thursday (May 9) that it will be monitoring credit card rewards programs and taking action as appropriate. This...

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Simple Credit Rewards Work for Older Generations, but Not Gen Z
Simple Credit Rewards Work for Older Generations, but Not Gen Z
May 02, 2024  |  Loyalty & Rewards

More than 80% of credit card users now receive reward offers from their card issuers and, on average, 72% of those rewards get used within...

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Mastercard, Visa Settlement Could Impact Rewards Small Businesses Value
Mastercard, Visa Settlement Could Impact Rewards Small Businesses Value
March 29, 2024  |  Credit Cards

This week, Mastercard and Visa reached a multi-billion dollar settlement that may bring an end to 20-year legal battle between the two financial giants and merchants....

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CFPB’s Credit Card Rewards Scrutiny Threatens a Perk Consumers Really Love
CFPB’s Credit Card Rewards Scrutiny Threatens a Perk Consumers Really Love
March 27, 2024  |  Credit Cards

Consumers like credit card rewards — that’s a truism borne out by PYMNTS Intelligence research. And it may be the case that scrutiny — and...

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