Wells Fargo lets customers cash in their rewards at ATMs
05 February 2015 | 7417 views | 1
Wells Fargo customers can now redeem their credit card rewards in cash or account credit at more than 12,500 ATMs across the US.
In what the bank claims is a first for a major US financial institution, Wells Fargo Rewards Program participants can redeem their rewards in cash in increments of $20.
Alternatively, they can make a payment or deposit to their checking and savings accounts, credit cards, mortgages, home equity loans and personal loans.
Alicia Moore, head, ATM, banking, Wells Fargo, says: "Customers live their lives on-the-go and being able to conveniently and simply access their accounts and rewards when and how they want is important."