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EmigrantDirect Sweetens Cash Back Credit Card Offer

by Peter Andrew
EmigrantDirect Sweetens Cash Back Credit Card Offer

EmigrantDirect, the online division of Emigrant Bank, has raised the amount of the cash back rebate for its EmigrantDirect Platinum MasterCard from 1.25% to 1.40%. The new rate will apply to all purchases retroactively to the launch of the card in January. As before, this offer is only offered to those with an average daily balance of $10,000 in an EmigrantDirect American Dream Savings Account. According to EmigrantDirect, the company’s American Dream savings account, with a current interest rate of 4.5%, has attracted more than 225,000 customers and $6 billion in deposits since its launch in January of 2005.

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