Wells Fargo, Chase, SunTrust cancel debit rewards program

As reported by CNNMoney:

“Wells Fargo said Friday that it will no longer offer its debit rewards program for new customers. This will go into effect March 27 at Wachovia and April 15 at Wells Fargo…

JPMorgan Chase notified existing customers last week that their debit rewards programs will disappear July 19.  The bank eliminated debit rewards for new customers in February.

Citi hasn’t made any changes yet, but said it is “in the process of evaluating potential changes to our rewards programs.”

SunTrustwill no longer award points to customers beginning April 15, and the points that existing customers have racked up will expire Jan. 1, 2012.”

Read the full story here:http://money.cnn.com/2011/03/25/pf/debit_rewards/index.htm

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