NEW YORK ( TheStreet) -- Look no further than your own mailbox to see that the rebound in the credit card industry is under way.According to a recent study by Synovate Mail Monitor, households in the United States got 640.3 million credit card offers during the second quarter of this year. This was an 83% increase over the 349.1 million offers mailed during the same quarter last year. Several issuers showed very significant increases in volume during the April-June period: Chase (JPM) quadrupled their mailings and Citi (C) nearly tripled theirs.
Credit Card Mail Solicitations Increase 83%
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.