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Weatherhead’s Jonathan Ernest on what to consider before applying for a premium credit card

Media | October 07, 2025 | Story by: Editorial Staff

WalletHub: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said income alone shouldn’t determine whether someone applies for a premium credit card. “More important than setting a minimum income requirement is understanding your spending habits and whether the card’s rewards and benefits justify its annual cost,” he said.