Sentences with phrase «cardholders as an incentive»
Many banks offer rewards to cardholders as an incentive to use their credit card.
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The security deposit serves as an incentive for the cardholder to keep current on their card payments.
Some issuers are also offering richer incentives to get people to apply, he says, such as bigger sign - on bonuses and more attractive supplementary cardholder policies.
As an added incentive for student cardholders to excel in the classroom, Discover's student credit cards offer Good Grade Rewards, which provide $ 20 in cash back each school year the student's GPA is 3.0 or higher for up to five years after account opening.
Some credit cards with annual fees will waive the fee for the first year as an incentive for new cardholders.
This is especially surprising since Barclay has been offering spend bonuses of up to 20,000 miles to existing cardholders — just to rack up spend, rather than as an incentive to keep the account open.