The phrase "new credit card applications" refers to requests made by individuals or businesses for new credit cards. This can include both physical and digital applications, depending on the issuer's policies and procedures. When a person applies for a new credit card, they are requesting permission from the bank or financial institution to borrow money up to an approved limit in order to make purchases or withdraw cash. The application process typically involves providing personal information such as name, address, income, and social security number, as well as authorizing a credit check. If approved, the applicant will receive their new credit card in the mail with instructions on how to activate it.