Card Issuers Begin Easing Underwriting Criteria; More Sign-Up Bonuses Offered

NEW YORK—More economic analysts say the end of the pandemic and its effect on the economy is in sight, and the major card issuers apparently agree.

Reports indicate that not only are issuers easing standards tightened at the outset of the health crisis, they are making it easier for borrowers to open new cards.

And now, more sign-up bonuses are available from a pair of Capital One credit cards.

The Capital One Quicksilver Cash Rewards Credit Card and the Capital One SavorOne Cash Rewards Credit Card each offer $200 cash bonuses when cardholders spend $500 on purchases within three months of account opening. That's a $50 increase from their previous bonuses of $150, The Motley Fool reported.

In addition, SoFi is also launching a competitive, no-annual-fee 2% cash back credit card.

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