Are Banks Wising Up ?

by Mike Sigers

Gold !

Did anyone else happen to see the article in the Money section of today’s USA Today about banks offering credit card perks to only their clients ?

It’s about time that an institution took care of those who already give them business, rather than offering the biggest incentives to new customers.

I wish all businesses/banks would do this. I have no problem getting less of a discount than a current customer. And I have a big problem when my cell phone carrier offers some shmoe a deal for $20 less per month than I’m paying, when I’ve been a loyal customer for 1o + years.

I’ve paid you well over $25,000 in those 10 years and you want me to pay more per month than somebody who’s gonna jump ship for $5 a month when they get a chance at a better deal ?

My bank constantly ( monthly ) sends me a postcard offering me $75 if I’ll just use Direct Deposit. That’s all well and good, except I took advantage of that over 2 years ago. And you only gave me $50. Either quit mailing me the damn postcards or give me another $25 !

It’s high time that ALL businesses wise up and take care of CURRENT customers. Why ?

1) We have no acquisition cost

2) We’ve shown loyaly, even thru your worst of times

3) We’ve probably trained half your employees … you sure don’t !

Now show us the good times ! Show us some loyalty !

Here’s what I want to see out front of a business/bank tomorrow – a sign that says :

6 Months No Interest – On New Car Loans – Only For Current Checking Account Customers

Make sure that I, as a current customer, feel like you want my business more than you want new business and you’ll mine gold that’s nearer the surface than what you’re diggin’ for now.

Help me out here, somebody jump in and add to this conversation.

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