WINSTON-SALEM, N.C., Jan. 12, 2016 /PRNewswire/ -- BB&T (NYSE: BBT) today announced BB&T Deals, a service providing BB&T Debit Card clients an opportunity to earn cash back for using their BB&T cards. There are no fees for this service.
BB&T Deals is available within U by BB&T, the company's new online and mobile banking platform. Active cardholders receive targeted, relevant retail offers in U based on their card usage behavior. The more clients use their BB&T Debit Card, the more offers they receive and more opportunities they have to receive cash back on purchases. An estimated average cash back amount is $180 per year per cardholder.
"This new service provides a tremendous opportunity for our clients to receive cash back in their accounts by using a BB&T Debit Card to purchase items and services they normally use," said Scott Qualls, BB&T retail payments manager. "We believe offering this program is yet another way we can provide our clients with great value and benefits."
Offers are based on how clients currently shop to ensure the offers are relevant to each client. To redeem an offer, clients log into U by BB&T at BBT.com/U or with the U by BB&T mobile app. Then, they select the offer by clicking on the BB&T Deals tile to add it to their debit card. Clients shop as usual with their BB&T Debit Card. No coupons are needed. Cash back for redeemed offers is automatically deposited into the client's designated BB&T account during the month following the purchase, for most purchases.
About BB&T BB&T is one of the largest financial services holding companies in the U.S. with approximately $208.8 billion in assets and market capitalization of approximately $27.8 billion, as of Sept. 30, 2015. Based in Winston-Salem, N.C., the company operates 2,150 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. BB&T has also been named one of the World's Strongest Banks by Bloomberg Markets Magazine, one of the top three in the U.S. and in the top 15 globally. More information about BB&T and its full line of products and services is available at BBT.com.