What 2018 Taught Us What to Expect in 2019 The Future of Credit Card Rewards There’s a reasonable risk of recession some time in 2019. The Federal Reserve has been raising interest rates. Together that means higher cost of capital for banks and greater repayment risk on the credit they extend. As a result I see approval standards for premium rewards cards tightening. Initial cardmember bonuses remain crucial to attracting customers and demonstrating to them that the card has value quickly, in order to encourage moving a new card top of wallet. The fact that Barclays wasn’t successful with Arrival Premier moving consumers to a model of rewarding them after they’ve proven their value to the bank means that issuers can’t move away from big up front rewards. I continue to be impressed by how…
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Tag Archives for credit card.
Who Carries a Credit Card, and Who Carries Credit Card Debt?
Jan
18
2019
New Federal Reserve data combined with data from Equifax tells us something about average Americans’ use of credit cards.
How Many People Signed Up for Airline Credit Cards This Year? And 100 Years of Flying the Mail
Dec
22
2018
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Why the Washington Dulles Polaris Lounge is So Far Delayed and Transferring Credit Card Points to Friends
Dec
12
2018
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
