Acorns is bettingthat millennials will prefer “cash forward” to the old-school “cash back” rewards on their purchases. Earlier this week, the micro-investing app launched Found Money, a program that allows brands to “invest in their customers’ future” and automatically invest the cash-back rewards into customers’ Acorns accounts. With this move, AcornsRead More
Post Tagged with: "cash back"
American Express announced a prepaid card with 1% cash back today, calling the card the first and only one of its kind. Debit reward cards became rarities after the Durbin Amendment slashed “swipe fees” earned by issuers in 2010. Retailers, who won out with Durbin, issued some brand-specific rewards cards, but consumersRead More