Debit Card reward program

Posted By: ledfoot

Debit Card reward program - 10/25/13 02:36 PM

Starting Nov. 1, our marketing department would like to begin doing a debit card promotion where the customer will earn $1.00 for each signature based transaction they make for $100.00 or higher. Only advertisments will be statement messages and on our website. Are there any compliance issues or guidelines we need to make sure we follow when promoting and marketing a campaign like this? What UDAAP concerns if any to I need to be aware of?
Posted By: rlcarey

Re: Debit Card reward program - 10/25/13 03:42 PM

What UDAAP concerns if any to I need to be aware of?

That it is fully and accurately disclosed.