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the advanteges are that there good, and disadvantages are that you can loose them
There are many fixed APR credit cards in which have a good loyalty program including but not limited to American Express, Capital One, Bank Of America, Barclay Card, Citibank, Chase, Discover and MasterCard.
Whether or not a loyalty card has the "best rewards" is determined on the individual's perspective. For instance, some individuals find that the best rewards are those that offer cash back. Other individuals think that the best loyalty programs are those that offer frequent flyer miles, or discounts on select merchandise. The important thing is for the individual to find the loyalty program which best suites their desires.
"The rewards vary from gift certificates, gift cards, using them for travel and purchasing merchandise. You can also use your points for donating to you favorite charity.The royal bank has many different types of cards from personal to business cards for their employees."
Having Loyalty cards can prove to be a huge disadvantage to both the shop and the customer. The shop tracks your purchases through your card and this can result in your personal information being misused. For the shop, this results in large amounts of your revenue wasted away to activate this scheme.
boots and subway have loyalty cards but that is all i know off...
tesco was the first British company to use loyalty cards
The advantage of loyalty cards are that you can use them and collect points to get money off products in store
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Loyalty cards are used to serve loyalty card program in which customers are given discounts, offers, deals, points on shopping merchandise and coupons.So, customer can use the loyalty cards to purchase new products on discount, get something for free or redeem his coupon.Loyalty cards help both the party simultaneously i.e. due to Loyalty Cards retailer is able to track customers buying habit and customers data. And the customers are getting discounts. So, it's a win-win situation for both.
Loyalty cards or programs are offered as a reward based marketing scheme by merchandisers. Examples of businesses that offer loyalty cards include, but are not limited to: Target, Shoppers Drug Mart, BestBuy, Indigo, AirMiles, American Express and Mastercard.
the advanteges are that there good, and disadvantages are that you can loose them
They will have soon! Around end of Q1 2011.
Most loyalty cards have a chip on them but do not require a pin. Loyalty cards honestly aren't protected, and are easy clone. Because of it's unique code the company have in their data system the card is registered as 'bought' so anyone can use it.
The well known loyalty cards in the UK are known as 'Nectar Cards'. They are cards where you can collect points on for doing loyal things which can be redeemed at the official nectar site for wonderful prizes.
So they can spy on you and track your spending habits.