Loyalty and rewards

Can cash incentives help credit unions recruit new members?

03/24/21

Some institutions have experimented with cash-based rewards to kick-start membership growth, but it's unclear whether the strategy will be widely adopted.

]]

[more]

Card issuers reliant on miles, hotel rewards await travel rebound

03/22/21

Large banks that counted on airline and hospitality points to drive loan growth in the credit card business are anticipating renewed demand once safety concerns subside. But they’re also cautioning that the recovery in travel spending is likely to be gradual.

]]

[more]