Banks Turn To Travel Rewards In Wake Of Durbin Amendment

By  |  January 17, 2013
 | 

Banks are focusing on travel rewards cards as an alternative to traditional accounts thanks to the Durbin Amendment’s caps on debit interchange fees, notes BankCreditNews.com.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Some banks are offering more miles or points to customers who sign up for rewards card programs, but force customers to spend a certain amount before becoming eligible for such rewards.

    U.S. Bank, JP Morgan Chase, Citi and Bank of America are four banks who are all retooling their travel rewards card programs.

    Read the full story here.


    See More In: