Loyalty programs are used by credit card companies to entice new customers or to keep current customers. These cards are usually unique for the program, meaning that a card will be issued that is specific to a certain program. These cards are known by the program they offer. For example, there are points cards, members cards, rewards cards, and discount cards.
Click for the full glossary of credit card terms.
Similar Articles:
- Opt Out
- Teaser Rate
- Usury
- Credit Card Number
- Federal Reserve Board
- Interchange Fee
- Personal Representative
