Wednesday, November 06, 2019
Members of Randolph-Brooks Federal Credit Union (RBFCU) continue to realize a great benefit with the RBFCU CashBack Rewards Mastercard® credit card. The credit union is announcing that the cash-back program is giving more than $7.3 million to members who used the card during the past year.
“We always enjoy making this announcement so close to the holidays,” RBFCU Executive Vice President/Chief Operating Officer Sonya McDonald said. “It’s a great way for us to say ‘thank you’ to our members. This shows that the addition of the 2% cash-back rewards from just two years ago is growing and is a quite popular offering in a very competitive landscape for rewards credit cards.”
Last year, RBFCU paid more than $6.8 million through this program.
In February, RBFCU announced that more than $14 million was given back to members through the Freedom Debit Card. It’s the first time that both of RBFCU’s cash-back programs have combined to give back more than $20 million in the same year.
This also puts the CashBack Rewards Mastercard give backs at more than $60 million since this payment card feature was established at RBFCU in 1994.
Established in 1952, Randolph-Brooks Federal Credit Union is a full-service financial cooperative whose mission is to improve members’ economic well-being and quality of life. With assets exceeding $9 billion, RBFCU serves more than 850,000 members from more than 55 branch locations throughout Texas.