| More credit card rewards ditched |
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financechoices
Senior Member
Cash: $ 53.79
Posts: 253
Joined: 04 May 2005
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| More credit card rewards ditched |
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Consumers have witnessed a growing trend of credit card providers withdrawing the benefits and perks previously offered with their deals, and more are doing the same.
Sainsbury's Bank is the latest to withdraw its cashback and reward schemes, in a market which has found it harder to turn over profit since the advent of zero per cent interest offers.
Full story
Why do you think credit card providers are doing this? Won't it erode their competitive advantage?
UK Finance Forum | Loans | Credit Cards
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Fri Aug 26, 2005 6:47 am |
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xboxundone
Senior Member
Cash: $ 67.83
Posts: 796
Joined: 19 Sep 2004
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| Re: More credit card rewards ditched |
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quote:
Originally posted by financechoices
Consumers have witnessed a growing trend of credit card providers withdrawing the benefits and perks previously offered with their deals, and more are doing the same.
Sainsbury's Bank is the latest to withdraw its cashback and reward schemes, in a market which has found it harder to turn over profit since the advent of zero per cent interest offers.
Full story
Why do you think credit card providers are doing this? Won't it erode their competitive advantage?
Thats why i stick with discovercard! 
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Fri Aug 26, 2005 1:50 pm |
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