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Subject:
credit card referral fees
Category: Business and Money Asked by: gerren-ga List Price: $100.00 |
Posted:
20 Jul 2004 13:37 PDT
Expires: 19 Aug 2004 13:37 PDT Question ID: 376807 |
I need to find the referral fees that banks pay out to private parties who sign up new customers to credit card accounts. I believe this is called new account origination. This would be the amount, for example, that a bank such as Bank One would pay a referral company per new customer signed up. An example of a referral company would be a debt consolidation service who helped get an individual out of debt, and now that the individual is in better credit standing, the service turns the individual toward new credit card options. This is where a bank would offer referral fees for landing new customers. I need to know what this dollar amount is, for the following companies. Capital One Chase MBNA Providian Bank One Citibank Bank of America Wells Fargo Fleet Gold Banc Thank you. |
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