Now, gold cards for everyone

Credit card issuers are offering gold and platinum cards to a much wider range of people, so it isn’t the exclusive privilege that it once was. According to Synovate Mail Monitor, “Almost one of every three credit card offers mailed in the second quarter was for some kind of premium card, up from one in

Credit card issuers are offering gold and platinum cards to a much wider range of people, so it isn’t the exclusive privilege that it once was. According to Synovate Mail Monitor, “Almost one of every three credit card offers mailed in the second quarter was for some kind of premium card, up from one in four sent at the same time last year.” Consumers should be careful with premium cards, however, due to the common promise of premium cards no preset spending limit.

Yahoo.com, 9/6/2011

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