Banks spend big to sell credit cards to students
NEW YORK (CNNMoney) -- In 2009, Bank of America unit FIA Card Services paid colleges and alumni associations $62 million for the rights to market cards to students and members, according to a report from the Federal Reserve. The second biggest spender, Chase, dropped $13.8 million to recruit new borrowers, while U.S. Bank forked over...
READ · Oct 27
