Latest Blog Posts
|Join Our Mailing List|
Banking and Cards Research
Digging into the Customer Experience: Banking and Credit Cards
Corporate Insight’s Bank Monitor, Credit Card Monitor and Small Business Card Monitor provide ongoing coverage of the products, websites and overall customer experience offered by the nation’s leading banks and card issuers. Our value-added banking and credit card research digs deeply to evaluate the retail and small business customer experience.
|Checking Rewards Programs|
Over the last few years, banking rewards have greatly changed, with some firms adding rewards checking accounts or debit cards, while others have cut back or completely removed all such related programs. In this edition of Bank Monitor Report, we investigate which firms offer rewards programs to checking account users, and we examine the earnings, redemption rates and annual fees associated with those rewards options.
Rewards programs come in various forms, from standalone rewards checking accounts, to debit card rewards programs, and add-on rewards programs. As we investigated the various reward programs offered, we focused on the following issues as pertained to checking and debit card rewards programs:
Of the six rewards debit cards covered in this report, two firms each offer one co-branded airline rewards debit card. Each bank’s airline-branded debit card carries an annual fee and offers initial bonus points, providing check card rewards options similar to credit card rewards offers.
Additional key findings include: