• Wed. Apr 17th, 2024

Cardless Co-founder Michael Spelfogel Discusses the Importance of Selecting the Right Credit Card for Your Personal Preferences and Spending Habits

BySamantha Jones

Apr 2, 2024
Understanding the Evolving Landscape of Credit Cards

Credit cards are expected to remain the most popular payment method for US consumers until next year, with total credit card transactional value projected to reach $3.8 trillion in 2025. However, with changing rewards and fees, it can be challenging for consumers to determine which cards are the best to use.

Cardless Co-founder & President Michael Spelfogel recently joined Wealth! to discuss his company and provide insight into what consumers should consider in a shifting credit card landscape. Spelfogel emphasizes the importance of selecting a credit card that aligns with the individual’s preferences and spending habits. With the wide variety of credit cards available today, it’s essential to choose one that offers rewards in the areas where you spend the most.

Spelfogel mentions examples like Robinhood (HOOD), which caters to younger generations like Gen Z and Millennials. He stresses that companies like Cardless aim to expand access to credit cards and offer a wider range of products to consumers. By providing options that are tailored to different demographics and preferences, consumers can make informed choices about their credit card usage.

For additional expert insights and the latest market updates, you can watch the full episode of Wealth! on [insert date/time]. Stay informed on the changing credit card landscape and make the best decisions for your financial needs by tuning in now.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

Leave a Reply