Banks spend millions in advertising revenues and
knowing existing cardholders are the most loyal customers banks can really cut on the marketing costs by giving perks to existing cardholders.
Not exact matches
Yesterday Miles Per Day reported that US Bank Visa Buxx cards, which have been closed to new applicants for many months but have continued to work in the interim for
existing cardholders, will
no longer be loadable with new funds after October 24, 2015.
However,
existing cardholders were given over a year of lead time to absorb the changes and cancel their cards if they felt the remaining benefits
no longer justified the $ 450 annual fee.
This is great news, but I just applied for the card through AMEX, as I didn't
know there was such an offer for
existing Marriott Chase Visa
cardholders in Canada (I just received the offer in my email today).