Moving cards to the top of the wallet
Directions Credit Union unlocks high campaign returns with FIS PaymentsEdgeAt a glance
Featured product
PaymentsEdge™ Marketing & Advisory Services
Objective
Improve credit and debit card usage among inactive and low-usage customer segments.
Results
Generated $2 in revenue from 3 debit card campaigns and 9 credit card campaigns, with average ROI of 543% and 731%, respectively.
Impact
In addition to significant monetary lift, the credit union is now equipped to continuously fine-tune their marketing for maximum return.
Reinvigorating debit and credit card activity
Founded in 1953, Directions Credit Union today is a $1B credit union serving more than 100,000 individual and business members from over 20 branches across Ohio and Michigan. As a PaymentsEdge user since 2020, the credit union set its sights on improving usage and revenues among inactive and low-usage debit and credit cardholders. In addition, their objectives included increasing credit card balance transfers.
Over the course of the year, Directions ran three debit card campaigns that garnered $235K in annual projected interchange revenue. On the credit card side, a series of nine campaigns lifted spend by $1.8M.
Marketplace
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Money at rest
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