SUBSCRIBERS
Banks get tactical to cash in on miles-card market
They are tweaking their miles spending as customers spend more online, and also expanding award redemption options
Published Fri, Aug 21, 2020 · 09:50 PM
Singapore
AIR travel may be largely off the table this year, but banks aren't letting up on the lucrative miles-card market.
Banks and card issuers are getting tactical for now by tweaking the miles spending for most customers who are changing their spending habits.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Weak yen pressures Bank of Japan’s interest rate decision
Basel Committee adds climate risks to banking supervision standards
Crypto firm sues SEC to fend off oversight of Ethereum
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
S&P Global first-quarter profit beats estimates on strong product demand
Thai banks cut rate for some borrowers after push from PM