Barclaycard’s Post

This is revealing and underscores the importance of tailoring rewards for younger segments. - Credit card rewards have cross-generational popularity. More than 80% of credit cardholders receive reward offers and, 72% of those rewards get used within 90 days. - But consumers want more than #cashback rewards to include “free shipping” and “pay with reward points”. These preferences are changing across all segments. - Gen Z consumers think a little more out of the box when it comes to identifying their wish list of rewards - Subscriptions, flash sales , ticket access and referrals Source: https://lnkd.in/gsXU78gf #creditrewards #genz #cashback #creditcards

💳 Thinking about getting a new credit card? We've got you covered! Choose between our Platinum Credit Card for premium benefits or our Cash Back Rewards Card to earn as you spend. Which one suits your lifestyle? Stop by The Peoples Bank today to learn more! 💸 #CreditCards #PlatinumCard #CashBackRewards #ThePeoplesBank

If your credit card doesn't earn you points, you are paying for everyone else's rewards. Every year, $15 billion flows in the US to cardholders who choose the right cards and use them well, from those who don't. 🛍 Merchants pay interchange to banks every time they accept a credit card. 💳 Banks use the interchange income to fund rewards to their cardholders. 🌴 Participating cardholders get to fly on a fun holiday, courtesy of their fellow cardholders. This is the 'Reverse Robin Hood' effect. But framing it as 'the poor are subsiding the rich' doesn't paint the full picture. A recent study showed that 'financial sophistication' is a key driver of the redistribution. People choosing cards that aren't right for them, paying high fees and interest, are subsidising cardholders that earn rewards and pay off their balances in full. Get a card that earns you points, but more importantly, ensure you are on the receiving end of the $15 billion value stream.

Good News for Credit Cardholders 💳💥GFF 2024 #creditcard #shorts #shortvideo #viralvideo #viralshorts Get exclusive live updates on Mastercard's top benefits and features for credit cardholders. Don't miss out – follow 'Card Academy' on YouTube and Instagram for all the latest insights!

💳 “Top of wallet” is a coveted position for issuers. It means cardholders choose to use one of their bank cards as their go-to payment method — rewarding the issuer with significant lifetime value. As we head into the busy holiday sales season, issuers are wise to consider how they can maintain or win this coveted position. Read three key ways to become the go-to payment option for consumers. https://bit.ly/4dFaygL #TopOfWallet #CustomerLoyalty #CustomerExperience #DigitalPayments

Too. Much. POWER! Remember... credit cards do NOT have to be something bad, IF you pay them off at the end of every month. This means you can benefit from cashback, the rewards program and an increase in your credit score, without the costly interest payments 🙌 #smartfinance #moneysaving #budgeting101 #budgetingforbeginners #moneygoals #savingstips #personalfinancetips

🔍 Does Your Credit Card Processor Reward Your Loyalty? Probably not! Most providers don’t automatically adjust your rates to keep you competitive. That’s where MCC comes in. We negotiate with your existing processor to get you the best rates possible—without you having to change providers. #NegotiateBetterRates #CreditCardFees #MerchantCostConsulting

Credit Card Swipe Fees to be capped? This is a constant strain on #SmallBusiness What do you do to minimize the fees? This cap would be welcome news. Great article from Bloomberg #CreditCard Why Credit-Card Swipe Fees Are So Hotly Contested https://lnkd.in/eUsb3grS

Cracking the Credit Card Reward Mystery: 🌐💳 Ever wondered if those rewards are here to stay? While changes can happen, smart card choices and staying informed can help you maximize benefits. Let's stay ahead of the curve and continue enjoying the perks of savvy credit card usage! 💡✨ #CreditCardRewardsInsider #FinancialSmartMoves

At the end of last month, Unity Payments posted a blog that listed ways your acceptance of credit cards makes everybody happy. It included the fact that credit cards give consumers account management control. The blog also highlighted that credit card payments are super easy for merchants to process and that credit cards give their users various perks. In our latest blog, we list three more ways your acceptance of credit cards makes everybody happy. Check it out! https://lnkd.in/ewC9M7sq #creditcards #perks #benefits #rewards #points #spending #consumers #customers #acceptance #payments #paymentsolutions #paymentterminals #blog