Coffee.
(Image credit: Patrick T. Fallon/Bloomberg via Getty Images)

Here are three of the week's top pieces of financial insight, gathered from around the web:

Bigger COLA, bigger risks

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Less free coffee with those donuts

Some chains are discovering they've been too generous with their customer loyalty programs, said Laura Reiley in The Washington Post, but retracting them is bad business. Last week, Dunkin' Donuts infuriated many of its most faithful customers after it "revised its 8-year-old DD Perks program and released a new Dunkin' Rewards system that many said devalued their points." When customers learned they now must "accrue more than twice as many points" to obtain the same freebies, Dunkin' devotees flooded social media with angry posts. "What idiot do you think I am, Dunkin? I did that math," one former Perks member wrote. In August, Chili's said the company would have to "rein in free food giveaways" after concluding that "37 percent of customer checks had some kind of discount offer applied."

Goldman, Apple expand accounts

Apple and Goldman Sachs introduced a high-yield savings account for users of the Apple Card, said Steve Dickson and Sridhar Natarajan in Bloomberg. The account "builds on the existing credit-card partnership between the two companies." Apple didn't announce an interest rate, although it said the accounts would offer a rate that is competitive; Marcus, Goldman's existing savings account, "currently gives users an annual percentage yield of 2.15 percent." Apple is relying heavily on services to "help fuel growth in coming years" and has been steadily expanding its financial offerings. It has a "buy now, pay later" installment plan service in the works.

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