Amex is tweaking rewards to accommodate changes in shopping habits amid the pandemic - Business Insider

But as the pandemic changes day-to-day life, popular categories that once garnered high spend, like travel, are nonstarters.

For issuers, these changes, and an overall decline in consumer spending, are already Emphasizing categories that are seeing growth, like grocery, while providing relief offerings or extensions on bonuses that build goodwill, could help providers maintain consumer loyalty, garner a larger share of consumers' muted spending to maintain annual billing growth, or ease consumer fears about taking on increased debt right now — even though these efforts might also increase rewards redemption and,...

Not likely.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Kabbage discontinues lending operations amid the coronavirus pandemic - Business InsiderICYMI: Kabbage's decision to suspend credit could hurt customer satisfaction in the short term, but its decision is along the same lines as other lenders
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Coronavirus exposes how profit-driven decisions undercut US response - Business Insider'Getting the for-profit element out would allow us to better prepare for pandemics like this,' one expert told Business Insider. GOP profit-driven decisions. If the United States government was running healthcare right now we would be in the same situation. Profit driven decisions and capitalism ensure shortages don't occur. If the government wants to prepare for every pandemic conceiveable, then bolster the strategic stockpile.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »