Auriemma Consulting Validates Bank Yogi's Value Proposition

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The Cardbeat® report published by the Auriemma Consulting Group validates Bank Yogi's mission to help consumers maximize their credit card benefits. The study that was conducted by an independent field service provider on behalf of Auriemma consulting has discovered that offering card benefits is a key acquisition driver for the credit card issuers. The study also highlights the fact that the driver behind low usage of benefits is due to the lack of awareness. The study finds out that "55% of rewards cardholders didn’t know if any of their cards offer one of the benefits".

These findings are inline with Bank Yogi's own findings. Our research indicates that credit card issuers who can engage their customers by using Bank Yogi's Card Benefits offering can increase the card usage by almost 64%. By partnering with Bank Yogi, card issuers can not only increase the card usage but also customer loyalty. Bank Yogi's research also shows that consumers who sign up with Bank Yogi's mobile app can save more than $1000 a year by saving money on products such as extended warranties, car rental and travel insurance.

In conclusion, card issuers shall continue on offering their card benefits instead of reducing them. Further, Bank Yogi's Card Benefits offering can help issuers increase their customer engagement. Banks and Credit Unions that are interested in learning more about the Bank Yogi offering can contact at bizdev@bankyogi.com.

The Cardbeat® report.

About Bank Yogi

Bellevue, WA based Bank Yogi helps consumers maximize their credit card benefits. Bank Yogi platform supports Android and iOS mobile apps, voice chat bots on Amazon Alexa and Google Home and text based chat on multiple platforms including Facebook, Google Assistant, Skype and Telegram. Bank supports card benefits for credit cards from 700+ Banks and Credit Unions in the US and Canada.

Website: Bank Yogi
Contact: bizdev@bankyogi.com

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