NEW YORK—Consumers’ increased use of debit—and cutbacks on credit—driven by the economic downturn are leading to more debit deals from card issuers.
The latest to make a change is challenger bank Current, which is launching a new program that will offer points-based rewards to its checking account customers.
The program will allow Current members to earn up to 15x points on everyday debit card purchases at over U.S. 14,000 merchants, including national retailers like Subway, Rite Aid, True Value, Cold Stone Creamery and others, Tech Crunch reported.