Debit reward programs

They earn even faster when you offer merchant rewards or relationship-based reward points — for opening a new account or taking out a loan, for example. Reward program points can be pooled between multiple accounts. With millions of options for redemption, we offer enough choices to excite and motivate every customer. Our solutions make it easy for you to offer full-service, competitive loyalty and reward programs to your cardholders with minimal administration costs and hassles.

Our loyalty and reward programs include a range of superior products that can be integrated to enhance program value:. Combining key portfolio data and proven marketing strategies, CardVision from Fiserv helped Staley Credit Union, recipient of the Cardholder Engagement Award, achieve best-in-class results and impressive growth in its debit card portfolio. CardVision offers a toolset of reporting, marketing and advisory services, making it easy to customize the solution for financial institutions of all asset levels.

With a combination of consulting services, proprietary marketing campaigns and robust analytics, CardVision was uniquely suited to help NBT Bank grow. How can your institution be sure it is optimizing the performance of your card products? Download the brochure. Consumers love rewards programs and value options.

You receive a small percentage of your purchase credited back to your account. The cash bonus often applies only to purchases made at participating retailers. A small amount of money is added to your savings account when you make a purchase.

Some banks transfer this money from your checking account, while others just credit your savings account as a bonus. Much like a credit card program, your purchases earn you points which you can use toward prizes that your bank or credit union offer.

These prizes may include gift certificates, household items, or air miles. You earn points through debit card purchases about half as fast as you do with a credit card.

Banks and credit unions often get creative with their rewards programs in order to become attractive to customers or members they want to acquire. You can find some relatively exciting rewards programs out there! Is this zip code? Home Work School Other.

Cancel Continue. But what about debit cards? Banks and credit unions that offer rewards for debit card purchases are few and far between. But if you look hard enough, you will find a financial institution that provides debit card rewards programs. Granted, these perks may not be the same as credit cards. However, something is better than nothing.

Steven Donovan, a financial coach who started Even Steven Money, agrees. Even so, debit card rewards programs can differ wildly, so read the fine print while researching your choices to you understand the terms and conditions. Check for restrictions on monthly rewards, specific purchases, or any fees that could offset the benefit of using the card.