And those campus managers will hire sales people assigned to sell the discount cards to students.
FORBES: UniEats Gives College Students 10% Restaurant Discounts
Beware policies with ultra-cheap rates, such as "discount cards" that offer 25% off doctors' visits and prescriptions.
To start, people over 65 could apply for discount cards good for 25% off and for some other subsidies.
He said Loyal3 is also in discussions with companies to sell shares using such currency as discount cards or loyalty points.
These people in particular would benefit from the new plan, Bush said, but all Medicare recipients would be able to use the discount cards.
And some Democrats say seniors can already take advantage of discount cards, and that these cards really only amount to a small amount of savings.
Supporters of the discount cards say that the group purchasing power of seniors will force drug companies to lower their prices -- the thinking is that the drug companies will want to get the business of a great number of seniors, and therefore will lower their prices to get their business.
Big retailers often discount iTunes gift cards.
BBC: Lonely Planet��s travel technology predictions for 2011
Bank of America ( BAC - news - people ) aims its bank- card pitch at employers who buy them in bulk as staff gifts. (BofA declined to comment on whether employers receive a discount rate for buying scads of cards at a time.) There's no dormancy fee with BofA's product, but after nine months the cards become worthless, whatever the remaining balance is.
Interest from credit loans account for 66% of its net revenues whereas discount fees charged from merchants accepting its cards account for another 16%.
With the holidays approaching, many consumers will find themselves at the cash register, being cajoled into signing up for store-branded credit cards in exchange for a discount.
As a result, the revenue from discount fees charged from merchants accepting American Express cards increased by 5%.
FORBES: Consumer Spending And Global Push Lift American Express
These discount networks are set up so that merchants can offer automatic discounts for people using certain cards, and in return, the card company promotes the stores who are participating in the discount program.
The more they recycle, the more gift cards, actual goods and services they get on discount from participating merchants.
FORBES: Hey Philadelphia: It's Time To Embrace The Most-Toxic Title
Avoid applying for too many cards, even if you intend to use it only once for a discount and destroy it.
We received Chinese-language welcome cards promising happiness, longevity, and a ten-per-cent discount.
American Express earns revenues from card licensing fees, royalties on billings, charge volume, net spread revenue and cards in force, foreign exchange conversion revenue and also a share of the discount revenue earned by the operator.
The transaction fee (also known as the discount fee) is the commission charged to merchants as a percentage of the dollar value of transaction on American Express cards.
Take, for example, the pile of "loyalty cards" and key tags that stores require you to carry around so that you get a supposed "discount" while they collect data for personalizing your promotional experience in the store.
应用推荐