U.S. banks are bombarding consumers with some of the most lucrative credit card offers in years,...

|By:, SA News Editor

U.S. banks are bombarding consumers with some of the most lucrative credit card offers in years, but many are being dangled at affluent people who already have plenty of plastic. Some 1.4B offers for new cards were mailed in Q1, a 69% jump from 826M Y/Y, with nearly two-thirds going to households with annual earnings of more than $75,000.