Wells Fargo, Chase, SunTrust Cancel Debit Rewards Program
Originally Published on March 28, 2011.
And the damage continues:
“March 26, NEW YORK (CNNMoney) — Debit card rewards programs are vanishing at several major banks.
Wells Fargo said Friday that it will no longer offer its debit rewards program for new customers. This will go into effect March 27 at Wachovia and April 15 at Wells Fargo (WFC, Fortune 500), while existing customers will remain unaffected for the time being.
JPMorgan Chase (JPM, Fortune 500) notified existing customers last week that their debit rewards programs will disappear July 19. The bank eliminated debit rewards for new customers in February.“
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-deBankedLast modified: September 28, 2013
Sean Murray is the President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future deBanked events here.