Are the banks pulling back credit card rewards? In this episode we’ll dive deep into a recent Wall St. Journal article which says yes. Citing examples of the banks lowering sign-up bonuses, and being fed up with “gamers” who unlock those bonuses only to ultimately put the card in a drawer.
Along the way we'll discuss several products which do a good job of enticing customers to regularly spend money on their cards. We'll also highlight some products (and companies) who may've fallen a bit behind the times in terms of their offering.
My First YouTube Video
Rewards Credit Cards Gained a Fanatic Following—Now Banks Are Pulling Back
Shoppers Love Rewards Credit Cards. Retailers Hate Them.