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Infographic: Credit card mail offers hit a 25 month low in April

Summary

Credit card mail offers are plummeting, according to recent data. Will the dive that began in December 2011 continue?

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The volume of credit card offers sent out through the mail is plummeting, according to a news release from Mintel Comperemedia. April has seen the lowest monthly mail volume of credit offers since March 2010.

U.S. households received 260 million new credit card offers in the mail in April 2012, which is down 33 percent from the 390 million offers received in April 2011. Andrew Davidson, senior vice president at Mintel Comperemedia, says numbers should remain much lower in 2012 than in 2011. However, the release says, the decline is most likely temporary as issuers “seek ways to stand out from competitors.”

Credit card mail offers plunge

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Credit Card Rate Report Updated: April 1st, 2020
Business
14.07%
Airline
15.85%
Cash Back
16.16%
Reward
16.06%
Student
15.87%

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