In addition to the purchasing options normally offered to clients such as special access to airline's VIP lounges, card holders will also benefit from welcome miles, upgrade to business class and Priority Pass program waiting rooms.
The balance of credit cards increased by 44% in 2008 but it is only expected to grow by half in 2009.
The different credit card companies are preparing for a year of lower growth relative to 2008.
According to the article in elfinancierocr.com, the economic crisis and unemployment have led issuers to take steps to avoid increases in delinquencies, which include: "Being more careful in issuing new cards, tightening the analysis of the customer's capacity to pay, offering to buy credit card balances, making payment arrangements, agreeing to raise the minimum earning level and lowering the amount of indebtedness."
Faced with the crisis, issuers see young people and the lower middle class socioeconomic level (C / D) as vulnerable.
In 2009, the Guatemalan credit card sector will have difficulty sustaining the 15% to 20% growth it has maintained in the last few years. This growth led the industry to reach more than 1 million customers, a portfolio of $751 million and revenue of $220 million in 2008.