dcsimg

Cash Captivates Credit Card Companies and Customers

Written by admin - Leave a Comment

Move over points and miles rewards. Cash-back deals are increasingly being used as sign-up incentives according to results of a study from January to April 2011 conducted by Mintel Comperemedia, credit card tracking company.

Fox Business poses the possibility that some of these cash back rewards may be too generous posing a challenge for credit card issuers. “It is getting to the point where, in some cases, the incentive is so attractive that consumers may as well apply for a card to cash-in on its incentive regardless of whether they have any serious intent to use the card in the long term,” say Andrew Davidson, a senior vice president of Mintel Comperemedia. Nonetheless, now may be time to cash-in on some of these rewards.

Share and Enjoy:
  • del.icio.us
  • Digg
  • Facebook
  • LinkedIn
  • Twitter
  • Yahoo! Buzz

Comments (scroll down to add your own):

None so far - share your thoughts and be the first!

Leave a comment

Subscribe without commenting

Get free updates...

Articles via e-mail:

Search this site...

Sponsors...


Credit card resources...


Recent articles...

Recent comments...

  • Leigh: Title says 35 secrets, but there is only 10…?
  • George: Personally, I think that credit cards should be paid off first since...
  • John: Hi , could someone tell me how much my credit card is worth ,, I have a...
  • mark Kesler: Where is the link to sign up online? I can’t find an...
  • teresa swett: my business was needing IRS 1040 – Schedule E earlier...
  • Marie: Hello, I have vintage credit cards I would say from the 1960’s...
  • 118 118 Money: Get more information about how 118 118 money loans work : Who...
  • Lisa Malcomb: I have a problem and cannot get a hold of a real human on...

Most talked about...

Disclaimer...

    The terms of third-party offers referenced on this website are subject to change without notice. While we strive to maintain timely and accurate information, offer details may be out of date. Visitors should thus verify the terms of any such offers prior to participating in them. Please see our terms of service for additional details.