Credit Karma Money is launching cash back rewards for debit card owners, which will be enabled automatically on all Money accounts. The program will be powered by Cardlytics cash back platform, whose network of 10,000 local merchants and national chains will reward customers with real cash in their account every time they make a purchase. The amount of cashback will depend on the specific arrangement the merchant has with Cardlytics. Once the purchase is made, cash is returned to the customer’s Money account instantly.
Research & Insights
Welcome Karim Temsamani as CEO of Cardlytics
Today is my first day at Cardlytics, and I am raring to get started! The outpouring of support and warm welcomes I have received to date from clients, partners, employees, and investors has been nothing short of amazing, and I look forward to connecting with everyone personally in the coming days. In terms of how […]
Convenience Food Purchase Insights vs. Traditional QSR
Convenience stores have been stealing food share away from QSRs. Our data shows a slow and steady increase in convenience food share, aligned to a similarly slow decrease in share against the QSR category (convenience share is up +3pts from 2019). This could be the case due to quicker meal prep time and variety of food […]
Convenience Stores are a Surprising Threat to Quick Service Restaurants
When thinking about dining options, convenience stores don’t automatically come to mind, but industry data shows this might be changing. According to Bluedot, 59% of customers consider purchasing a meal from a convenience store when stopping for fast food. So, we dug into our data to see if our data agreed… and surprise, it did! Here is what we […]