- Image via Wikipedia
Nope, that’s not an error. We usually think of rewards programs when we’re talking about credit cards. However, I just saw a story today from Smart Money that discusses the growth of debit card rewards programs. This growth is in response to a decrease in consumer credit-card use and an increase in debit-card use. To be competitive, you may see the following:
- Better rewards program offers — but watch out for the annual fee.
- Partnerships with retailers (hopefully some that interest you) to give you significant discounts if you use your card.
- More rewards for just being a customer — like Bank of America’s current “Keep the Change” program.
Read more about rewards debit cards from Smart Money.
FROM EARLIER: Citibank: Want a lower rate? Spend more money
