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PNC Scales Back Rewards, Cuts Bonus Points.

Authors :
Finkle, Victoria
Witkowski, Rachel
Source :
American Banker; 5/29/2012, p5-5, 1/2p
Publication Year :
2012

Abstract

The article discusses plans by financial company PNC Financial Services to scale back bonus points its debit- and credit-card customers can earn on purchases. Analyst Marty Mosby of Guggenheim Partners says many banks have curtailed their rewards programs following the imposition of caps on debit-card interchange fees.

Details

Language :
English
ISSN :
00027561
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
76242196