rewards programs

CFPB Says It Is Monitoring Credit Card Rewards Programs

CFPB Says It Is Monitoring Credit Card Rewards Programs
CFPB Says It Is Monitoring Credit Card Rewards Programs
May 09, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) said Thursday (May 9) that it will be monitoring credit card rewards programs and taking action as appropriate. This...

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Are Co-Branded Credit Cards Facing an Existential Crisis?
Are Co-Branded Credit Cards Facing an Existential Crisis?
May 07, 2024  |  Consumer Finance

General-purpose credit cards dominate the consumer credit card landscape. In fact, about 2.5 times more consumers hold general-use credit cards than either co-branded credit or...

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Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
April 24, 2024  |  Earnings

Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly...

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New Data: 93% of Card-Linked Offer Users Come Back for More
New Data: 93% of Card-Linked Offer Users Come Back for More
April 23, 2024  |  Loyalty & Rewards

Card-linked offers, which provide special savings or rewards attached to a merchant or product, are popular: Roughly 2 in 5 cardholders consistently use them. PYMNTS...

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Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
April 18, 2024  |  IPO

Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share...

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JCPenney Launches Rewards and Credit Program
JCPenney Launches Rewards and Credit Program
April 17, 2024  |  Loyalty & Rewards

JCPenney has debuted its Rewards and Credit Program, a free loyalty program for customers. “Last year, JCPenney announced a $1 billion reinvestment plan to further...

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Personalized Emails Are Key to Winning Persuadable Shoppers’ Loyalty
Personalized Emails Are Key to Winning Persuadable Shoppers’ Loyalty
April 12, 2024  |  Retail

When it comes to winning the loyalty of shoppers who can be persuaded by personalized offers, PYMNTS Intelligence research reveals, email proves to be a...

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Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
April 08, 2024  |  IPO

Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying...

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