I hear a dripping sound coming from the large credit card issuers, and I am hopeful that it foreshadows the opening of their credit spigots. In the week prior to the extended Memorial Day Weekend I found four different credit card offers in my mailbox – two consumer and two small business.

Like it or not, our household (and small business) economy is predicated on the proper flow of credit. It enables us to purchase homes for our families, finance the automobiles we drive to work or school, and to facilitate the convenience associated with many everyday purchases.

When the tap was wide open and annually billions of direct mail solicitations were finding their way into our mailboxes – as the recipients we often cursed the junk mail. But, the sources we rely upon for access to much of the credit we need – seemed to have disappeared in recent months.

So last week I was quite pleased to receive these four solicitations from four different card issuers.

• Bank of America Platinum Visa® Business Card;

0% APR on balance transfers for 12 billing cycles
No Annual Fee
A Purchase APR between 8.99% and 19.99%

• Chase Business Card with Premier Cash Rebates;

3% Cash Back on everyday purchases,
1% unlimited on everything else
No Annual Fee
13.24% variable APR

• Citi® Gold / AmericanAirlines® Advantage® World MasterCard®;

25,000 Bonus Miles
Annual Fee - $0 for first 12 months, $50 thereafter
13.24% variable APR

• Discover® More® Card;

0% APR on purchases until October 2009,
10.99% variable thereafter
3.99% APR on balance transfers until 2013
5% Cash Back on select purchase categories, 1% unlimited on everything else

I hope my mail carrier doesn’t mind, but I am looking forward to the responsible flow of credit once again. Here at CreditGumbo.com we strive to stay abreast of what is happening in the world of credit. Keep an eye on our Credit Blog for frequent reports of what we are seeing in the mail. Also, be certain to check out our Top Picks section of the site.

Labels: Credit Card, In the Mail