Birch Finance suggests the best credit card for you based off of your spending habits. 2017 saw a lot of new card offerings and deals, but Birch Finance believes the deals are only going to get better in 2018. Alex Cohen is the CEO of Birch Finance and he joins Cheddar to explain the credit card trends of 2017. The Chase Sapphire Reserve card went viral but also experienced high churn. Uber also launched a credit card that is potentially the best no-fee, cash back card on the market. Cohen believes Lyft might also launch their own credit card to dive into loyalty. He could imagine Air BnB also launching a credit card to expand their offerings. For 2018, Cohen thinks businesses will launch credit cards that are focused on the millennial shopper. He also anticipates trends toward more co-branded cards and even more competitive premium cards.

Share:
More In Business
Biden Signing Wide-Range Executive Order on Artificial Intelligence
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security standards, introducing new consumer protections and giving federal agencies an extensive to-do list to oversee the rapidly progressing technology.
Load More