Amber Burton
speaker
331 appearances
7 recordings
1 series
first heard Nov 2020
last heard Jun 2021
Amber Burton’s voice in public audio — every appearance, attributed to the second.
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Appearances
Well, it's emotional.
As you know, I think a lot of people can remember, you know, applying for their first credit card and even that first purchase they made with that first credit card.
I spoke to different people, but I also always am paying attention to the conversation on Twitter.
And it was so fun to see people just remembering the first big purchase they made, whether it was good or bad, they can remember it.
And it sticks with them, whether they keep it or not.
No, not at all.
Far from the only credit card they have.
Experian, the credit reporting agency, they found in their data that millennials, which are between the ages of 24 and 39, they have about three credit cards on average.
And that's not even as much as baby boomers.
Baby boomers have about...
four to five cards on average.
So, you know, they're kind of collecting cards as they go, finding different credit card offers that fit different needs, and they're holding on to them.
It's become a very competitive business.
And so different cards are going to have different offers.
Some have no fees at all.
Some have, you know, rewards that might enable you to go, you know, take a flight somewhere at a very low cost.
You're getting those different benefits.
So some cards aren't as competitive.
They might not be offering you as much, which is making people kind of rethink, you know, what is this doing in my wallet?
So if you leave your credit card in your wallet as sort of a relic of the past, a souvenir perhaps of your college years, you are at risk of the card going dormant.
Showing 101–120 of 331 · page 6 of 17
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