Case Study: 20x Issuer achieves 20x revenue growth with Kard rewards

20x Issuer boosts revenue 20x with Kard rewards

The customer, a major issuer bank, partnered with Kard to enhance its existing card rewards program. Their challenge was to increase the number of relevant merchant offers to better cater to their demographic and to transform the program into a significant revenue stream, moving beyond just a loyalty and acquisition tool.

Kard implemented new local and targeted offers from major brands and updated the bank's integration to its API. This solution led to a 19x increase in offer engagement and a 71% rise in average customer value. Most significantly, Kard helped the issuer achieve 20x revenue growth from its rewards program, turning it into a sustainable source of income.

20x Issuer