Case Study: BankMobile boosts reward redemptions and customer engagement with Kard

BankMobile boosts rewards redemptions 157% with Kard

BankMobile, a digital bank aimed at college students, faced the challenge of increasing user engagement and spending on its cards. To address this, they partnered with vendor Kard to implement its merchant-funded cash back rewards platform.

By leveraging Kard's solution, BankMobile offered personalized cash back rewards at major retailers. This resulted in a 157% increase in users redeeming offers within just seven months. Furthermore, 88% of users made a purchase after earning their first reward, demonstrating significantly higher engagement driven by Kard's platform.

BankMobile