@Gray wrote:My mother in law (who is not a full member, just general public) has a MC with 10% APR.
My father is a full member and I joined through him back in 1989, and had a MC since 1993. My APR is 6%.
Interesting how their credit card products shift around. They used to have a standard MC and Visa, then a gold option (back in the 90s), then platinum, then the Visa went into hiding (you had to request it), then there was World Mastercard (now it's gone into hiding), then there was the Rate Advantage MC (now it's in hiding), Platinum MC and Visa are now advertised, etc. Weird.
Not wierd, but it's interesting to see such a detailed analysis posted, thank you for that.
This is sort of normal for most lenders: if they find that their risk or financials are off in their credit products, they can either adjust the underwriting, or they can quietly (or loudly in some cases) shift their credit mix. In this case, people only know the world as it's presented to them, so if a lender has decided that something is awkward in their credit portfolio, they can simply adjust it over time with new arriving customers rather than change the existing ones (which is a surprisingly forward-thinking view).
People so rarely discuss anything credit-related in society, that there's virtually zero chance of it's being brought to light... except on this forum which is why I continue to read it 
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