Bundled Banking Products: How Credit Cards Secure Customer Loyalty

New Report: Product Bundles Strengthen Ties With Banks’ Most Profitable Customers  According to PYMNTS' new survey of nearly 2,300 U.S. consumers for "The Bundled Banking Products: How Credit Cards Secure Customer Loyalty" report, a collaboration with Amount, grouping multiple banking services together is proving to be an effective tool that improves customer retention.
Inside the August Playbook
  • 27%: Share of consumers without credit cards from their primary banks who are highly interested in receiving recommendations about the best payment methods for specific purchases
  • 66%: Portion of consumers with more than five credit cards who say a bundled banking solution would be easier and more convenient to use than the alternative
  • 32%: Portion of consumers who do not have credit cards with their primary banks who want to have all their spending accounts with one FI

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    Amount Banking Products Playbook Series

    Bundled Banking Products: Matching Product Offerings With Customer Demand
    BNPL, Banks And The Trust Factor: How FIs Can Gain A Competitive Edge In A Growing Market
    Banking On Buy Now, Pay Later: Installment Payments And FIs' Untapped Opportunity