At face value it might be as simple as having a credit record? Or it could be as it appears that the mandate to assure a customer can pay is an overwhelming burden on retired people to demonstrate that, regardless of their incomes.
While it might be years before this plays out one take-away is that getting a credit history in one’s own name prior to retirement might be one ‘key’ to a friendly and ongoing banking/credit card life after retirement. Maybe.
