Experian TAPS℠ and EIRC for Revolving℠
Get a sharper understanding of your customers' total annual plastic spend and interest rates
Experian TAPS℠ and EIRC for Revolving℠ combine on- and off-us revolving credit card data to assist banks with targeting consumers, ultimately increasing new card acquisition, enabling more accurate credit lines and driving retention of customers who contribute to the bottom line.
Assess overall spend and interest rates to segment consumers effectively.
Assign accurate credit lines and interest rates to customers that have higher tolerance.
Identify and retain accounts that contribute most to your bottom line.
Learn more about Experian TAPS and EIRC for Revolving
Experian TAPS (total annual plastic spend) uses credit card spending data to provide an estimate of a consumer’s total annual spend across their general-purpose credit cards. With Experian TAPS, you can now not only see on-us spend but off-us for more precision in understanding behavior and needs.
EIRC (estimated interest rate calculation) attribute sets allow lenders to understand what interest a consumer is currently paying on existing credit cards to extend the best offer for a new credit card or offer offer balance transfers for existing cards.