cancel
Showing results for 
Search instead for 
Did you mean: 

How Often Do New Cards Come Out?

Highlighted
Contributor

How Often Do New Cards Come Out?

Pretty much wondering how often credit card providers come out with new products? Is it once a year or longer than that?

Message 1 of 3
2 REPLIES 2
Highlighted
Super Contributor

Re: How Often Do New Cards Come Out?

Typically for the big banks like Chase, BOA, Citi, etc it's no more than a couple major new products a year, although sometimes more. Chase has come out with the Freedom Unlimited, Sapphire Reserve, and the new Ink card this year, just in their core lineup -- but they hadn't come out with anything new prior to that for at least a couple years IIRC. Citi's last new big card was Double Cash almost 2 years ago.

 

So it depends, but generally, there are not a huge number of new cards every year. More a slow and steady thing.

Message 2 of 3
Highlighted
Mega Contributor

Re: How Often Do New Cards Come Out?


@kdm31091 wrote:

Typically for the big banks like Chase, BOA, Citi, etc it's no more than a couple major new products a year, although sometimes more. Chase has come out with the Freedom Unlimited, Sapphire Reserve, and the new Ink card this year, just in their core lineup -- but they hadn't come out with anything new prior to that for at least a couple years IIRC. Citi's last new big card was Double Cash almost 2 years ago.

 

So it depends, but generally, there are not a huge number of new cards every year. More a slow and steady thing.


And unlike say electronics, new cards are uisually no better than the older ones, with a few exceptions (such as CSR) and if they are too good, they quickly get nerfed.   

 

So again with rare exceptions such as the launch of the CSR, you don't get lines of people waiting outside the CIti branch for 24 hours hoping to be amoung the first to get the new credit card, as you do with the iPhone (who may or may not be deluded but anyway!)

Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.