Fizzle Of The Week: The Incredible Shrinking Rewards Offerings

January 01, 2019

In the wake of the Great Recessions, Americans en masse got awfully nervous about opening new accounts and using credit cards. Open accounts peaked near 500 million at mid-2008, then plunged to 360 million by the third quarter of 2010, according to a 2013 report by the New York Federal Reserve. Some of that drop-off can be attributed ...

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