As credit cards become even more competitive, and less not more are using them, credit card companies may be trying to get social with you and their rewards system. Find out which credit cards may be interacting with you in a whole new way.
Citigroup will be thanking customer with thank you rewards that they can “pool” together in a new Facebook application. The Facebook application allows users to join points and use them to benefit a charity, a person or a gift. For example, 20 people could share their points together, and use them to purchase an airline ticket for a friend. Citi says it’s the first bank to offer such a feature.
After a successful launch of a Citigroup app which permitted customers to transfer points to one another using the banks online banking service, it decided to expand the rewards sharing capability and program by offering it social media. Continue reading Credit Cards Rewards? There’s an ‘app’ for that as credit cards join forces with social networking