Originally Posted by
iluvdoco
I also wonder how feasible the credit card strategy will be for loyalty programs going forth given the forecasted rise in consumer delinquencies and rise in interest rates.
It is the budget segment that is in the doldrums. Those who are well off are doing just fine and you have to remember that the baby boom in the US is retiring at a fast clip and many are well provided for so will fortunately not having to suffer the angst of what AI has in store for us.
A super premium card for what has been a valuable currency is long overdue, especially since everyone and their uncle has issued theirs.