RewardStock Recommends Smart Ways For You To Accumulate Rewards
Rahul Kalvapalle — May 27, 2016 — World
References: rewardstock & xconomy
RewardStock is an innovative new startup, based in the town of Raleigh in North Carolina, that is designed to make it easier than ever for users to optimize their credit card use in a manner that enables them to reap the rewards of travel rewards.
Customers simply have to sign up with RewardStock online and grand the service permission to manage their points balances. Depending on which cars a person has and the points that they have earned, RewardStock goes about recommending strategies that enables you to earn more points. Strategies could include opening new cards or new accounts.
This is a service that is ultimately geared towards helping people make their spending work for them by letting them accumulate points over an extended period of time. The added advantage with RewardStock is that it doesn't encourage irresponsible spending but rather helps you earn points by changing with cards you use for expenses you'd have anyway.
Customers simply have to sign up with RewardStock online and grand the service permission to manage their points balances. Depending on which cars a person has and the points that they have earned, RewardStock goes about recommending strategies that enables you to earn more points. Strategies could include opening new cards or new accounts.
This is a service that is ultimately geared towards helping people make their spending work for them by letting them accumulate points over an extended period of time. The added advantage with RewardStock is that it doesn't encourage irresponsible spending but rather helps you earn points by changing with cards you use for expenses you'd have anyway.
Trend Themes
1. Travel Reward Optimization - Disruptive innovation opportunity: Develop a platform that analyzes spending patterns and recommends credit cards and accounts to optimize travel rewards.
2. Points Balances Management - Disruptive innovation opportunity: Create a service that consolidates and manages various points balances across different reward programs to optimize redemption options.
3. Responsible Reward Accumulation - Disruptive innovation opportunity: Build a system that promotes responsible spending while maximizing reward accumulation through strategic card usage.
Industry Implications
1. Fintech - Disruptive innovation opportunity: Integrate artificial intelligence and machine learning algorithms into personal finance apps to provide personalized credit card recommendations for travel rewards.
2. Travel and Hospitality - Disruptive innovation opportunity: Develop partnerships with travel reward optimization services to offer exclusive benefits and curated travel experiences to customers.
3. Data Analytics - Disruptive innovation opportunity: Create advanced data analytics tools to analyze user spending habits and target personalized strategies for earning and redeeming travel rewards.
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