Most companies try to get Americans to part with their money by spending it on products and services. However, SaveUp wants Americans to save more money and improve their financial habits. To help this happen, SaveUp offers incentives for good financial choices.
?SaveUp is the nation?s first free rewards program for saving money and paying down debt,? Jean Park, director of marketing, informed RESCUECOM. ?SaveUp members get rewarded with credits when they make good financial choices like depositing money into a savings account or making a payment on a credit card bill or student loan. With those credits, members can win life-changing prizes like cash, cars, vacations and even $2 million. Anyone with an account from 19,000 financial institutions across the U.S. can start getting rewarded.?
People can use their credits to play games and enter drawings. Smaller prizes include a credit card payment or cash for your savings account, a holiday fund or mortgage payment.
Located in San Francisco, California, SaveUp launched its program in January of this year. Consumers can register accounts they already have.
?The Filene Research Institute, an independent think tank in the financial services industry, just released a report that shows that SaveUp actually works!? Park noted. ?The program benefits both consumers and financial institutions.?
A couple of the key findings from the study are:?
- Significantly improved ?customer stickiness? ? over 60 percent of participants had a more positive opinion of their institution with SaveUp.
- Deeper and more frequent customer engagements ? SaveUp participants beat the Internet banking industry benchmark of two visits per week ? 64 percent of members visited SaveUp at least weekly, and 49 percent of those visited three or more times per week.
- Greater financial awareness ? over half of the participants reported that SaveUp motivated them to save money and pay down debt.
- Dramatic increase in loyalty ratings ? SaveUp?s program created a 76.4 percent net promoter score, which rivals top brands like USAA and Apple. Over 75 percent of participants recommended the program.?
?SaveUp also has educational videos and webinars taught by certified financial planners,? Park added. People who watch these and take a quiz also earn credits. Another way to add credits is by getting friends to join SaveUp.
When banking online, consumers demand Internet security. Consult with a professional computer company, such as RESCUECOM, if you have Internet security issues or need other types of computer service.
SaveUp cannot access members? accounts; it just monitors activity for credits.
The program is free for consumers, thanks to sponsors who donate the prizes. In addition, SaveUp earns fees from financial institutions.
SaveUp is a welcome voice to help people resist the constant ads telling them to spend, spend, spend.
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About RESCUECOM:
RESCUECOM provides computer repair and computer support, 24/7: Meeting every tech support need including data recovery, virus removal, networking, wireless services, and computer support for all brands of hardware and software. For computer support or information on products, services, or computer repair, visit http://www.rescuecom.com or call 1-800-RESCUE-PC.
For More Information, Contact:
David Milman, CEO
315-882-1100
david@rescuecom.com
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