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71% of Card Switchers Choose a Card Already in Their Wallet

Credit card issuers may think their biggest retention threat is another bank persuading a customer to open a new account. But the replacement card may already be sitting in the customer’s wallet. PYMNTS Intelligence’s “The Switching Trigger: How Issuers Can Stop Their Credit Cards From Losing Top-of-Wallet Status” report, in collaboration with Elan, surveyed 2,460 […] The post 71% of Card…

71% of Card Switchers Choose a Card Already in Their Wallet

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

More in Finance & Markets

Tech earnings put hedge fund dispersion trades to the test

Hedge funds heavily exposed to equity dispersion strategies are looking to upcoming technology earnings to revive volatility, following a period of declining share-price swings that has weighed on the…

  • Dispersion trading strategies face pressure from upcoming tech earnings.
  • Key catalysts include semiconductor and AI company results, Fed meeting, and US midterm elections.
  • Narrowing implied volatility premium and weak realized volatility create risks for these strategies.

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