Bonuses Offers And Expectation
Many new credit card companies are coming up which is leading to competition between the companies. A new company try to lucre ate the customer by giving offers so that they can have a large group of clients with them.
Though big companies do not get affected with the up coming of new companies easily but if they do not give attention towards their clients and introduce new offers for the clients then they could face difficulty.One way to keep customers and acquire new customers is to offer various bonuses and incentives to help them these incentives may include frequent flier miles, discounts on baseball tickets, cash back bonuses and more. For someone who has an interest in the particular type of bonus offered, these cards may offer a better value than another card of the same type.
But consumers should remember that these bonuses are not offered out of kindness, they are offered in the expectation that you, the consumer, will pay the company far more than the bonuses are worth in interest. There is no such thing as a "free" bonus; the companies expect you to pay for them.