Get ready for many credit card changes. Why? At this time credit card debt balances are up 15%, and in the next 6 months, they shall explode. Banks know huge losses are just starting and shall soon become major losses. So, what is their best defense, wait or start their defenses now? Easy answer, start now. That means looking at all costs besides the upcoming losses. Therefore, good borrowers will be impacted. We shall see much more reduction in benefits as the days go by. This probably will happen to all credit cards. It shall be interesting to see how solid borrowers will react.