Sentences with phrase «essentially rewarding the company»

Not exact matches

Since the major benefits of this card come in the form of cash back rewards, this card is essentially the Chase version of the cash back rewards card that is offered by most companies.

That's essentially what many consumers do since Americans earn approximately $ 48 billion in rewards points and miles each year through customer loyalty programs, yet about one - third of that amount — or $ 16 billion — goes unredeemed each year, according to a study by loyalty marketing information company Colloquy and global commerce firm Swift Exchange.

Gas rebate credit cards are essentially reward cards issued by major credit card companies.

With the Amex card, for example, the first $ 195 of rewards you earn in a year are essentially returned to the card company as the annual fee.

Eventually, the company plans to let the distribution of rewards be handled by a so - called smart contract, a piece software that automatically executes business dealings through a blockchain, which is essentially a public ledger of transactions.