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Debit Reward Plans: Slim Bank Benefit

Wednesday, June 15, 2011 - 11:55 AM
debit card plans, banks and interchange fees, reward programs, Congress and banking regulations - Financial Planning
When Congress threatened to cap the interchange fees that banks collect on debit card transactions, the industry argued that such a move would force it to kill off its own debit rewards programs. As it turns out, the demise of those programs might inconvenience consumers but it is unlikely to deal banks much of a financial blow....
WhataBummerWhataBummer413 posts since
Oct 15, 2010
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