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Not surprising

September 14, 2009 | alternatives, industry | Comments (0)

Credit card companies want more business from people with great credit.  From today’s New York Times:

Continuing a pattern that has held for more than a year, credit card issuers last quarter mailed out fewer new-card offers than they did in the quarter before. But 28 percent more offers were sent to consumers with the best credit for two lines of so-called premium cards. About 118 million pieces of mail went out advertising the MasterCard World and Visa Signature cards, premium cards that come with fees and extra services. That was up from 75 million the quarter before, according to Comperemedia, a firm that tracks direct marketing.

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