Up to at least 10 years ago it was very difficult to get approved to get credit cards. You practically had to beg the banks to let you have even their lowest-level cards. Nowadays it’s the total opposite – banks would send their marketing people to invade offices – at my department they’ve done so at least twice.

All kinds of carrots are dangled; where things like zero annual fee were a rarity then, it’s common place now as competition has reached an intensity like never before.

Of course credit cards are also status symbols; last time a gold card was enough, but now platinum cards are replacing them.

So basically, credit card with rewards stand to get the most signups.

Popularity: 1% [?]

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