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Article: Universal Rewards Cards Are Rated For Best Value.(General News)
- Article from:
- Credit Union Journal
- Article date:
- May 4, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AURORA, Ill.-The universal rewards cards that offer the most bang for the buck are American Express Co.'s Blue and Green, JPMorgan Chase & Co.'s Freedom, Wells Fargo & Co.'s Visa with Enhanced Rewards, and HSBC Holdings PLC's Ecosmart, according to a report by Corporate Insight Inc. The five cards offer a 1% rate of return on a $50 rewards redemption, according to the report. When considering a variety of factors that determine the rates of return on rewards cards, including annual fees and introductory and ongoing annual percentage rates, the return on Bank of America Corp.'s Accelerated Rewards Amex card ...
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... ... new report, "The U.S. Market for Rewards Cards, 2nd Edition," a key to skirting ... critical issue in the current consumer rewards cards relationship is one of transparency ... financially responsible cardholders. The new rewards cards also enable customers to select their ...
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