As many credit card issuers begin to wrap up their financial reporting for the last quarter of 2017, some are beginning to hint at things to come in 2018. There are two prevailing methodologies for customer acquisition in the credit card market, and both can directly influence the types of offers consumers get to see in the year to come. Some issuers choose to offer big bonuses and other monetary incentives to attract transactors—that is high spenders who always pay off their credit card debt. If you're a transactor looking for a new card, pay close attention to issuers who want to attract transactors. Citibank customers with Hilton credit cards will be transitioned to new American Express cards later this year.
Source: Forbes January 29, 2018 16:30 UTC