Credit Card Interest Rates Hit Unusual Stagnation

All credit card news

• Credit Card Companies Increases Borrow Rating by 50%
  Consumers who want to purchase more than what they can afford tend to apply for credit cards because of the guaranteed approval which happened to be increased lately by more ...
• Credit Cards for E-Commerce Based Businesses and Online Shoppers
  Credit card is a payment system that offers a convenient and cashless shopping to anyone. It’s a modern way to shop for the things you need without worrying when you ...
• Credit Card Companies Guarantee Credit Card Approval of 100%
  In today’s time, there are varieties of credit cards to choose from. Finding out the company that can offer lots of rewards, cash back and freebies might not be a ...
• Trend in credit card cash back offers on the rise
  It has been visibly evident recently that a number of banks in the U.S.A. are offering cash back rewards on credit cards to entice prospective customers and provide more value ...
• Restricting credit card swipe fees
  Just about everyone uses a credit card and most people are aware of the credit card swipe fees associated with. For those who do not know, swipe fee is the ...
• Hotel chains join hands against credit card fraud and scams
  As a large number of people use their credit cards while their stay in hotels and also the number of people who have access to this information, it has always ...
• Credit card interest rates stabilize at record highs
  The interest rates being offered on credit cards have remained steady for weeks without undergoing any changes, despite being high. The average APR on credit cards remained at 14.97 percent ...
• Credit card balances continue to decline
  The Federal Reserve July and August reports suggest that there has been a decline in the consumer credit card balances. It seems that the people of USA are now concerned ...
• Credit card ACT, is it really helpful
  The Credit CARD Accountability Responsibility and Disclosure Act was formed by the USA government to uphold the rights of credit card users and offer fair practice from credit card issuers. The ...
• Setting upper limit for credit card interchange fees not a wise choice
  The credit and debit card industry seems to be undergoing a lot of changes in recent months. Now that the senate has approved the legislation that limits the interchange fees ...
• Do not trigger penalty rates on your credit cards
  If you have had a credit card for a very long time, then you will know that there was a time when defaulting your payment could attract a penalty of ...
• Credit card benefits customers need to be aware of
  Life without credit cards has almost become unimaginable in recent times. These cards of plastic need not necessarily be a bane. Since the charges and interest rates are the common ...
• More transparency in credit card applications
  According to the annual analysis of credit card applications that have conducted, credit card issuers seem to have improved the digital transparency. Credit card applications of some of the top ...
• Marketing phrases used in credit cards don’t mean anything
  Advertising can be misleading at times, but it has been that way for a long time now and nobody questions any of these things. For instance, you have lemonade that ...
• Credit card payment networks face stiff competition on many fronts
  Most stock investors make one common mistake, which is buying yesterday’s winners. If a company is facing an unfavorable change due to the competitive dynamics, then paying a full price ...
• Credit card loyalties – alumni associations and colleges make $6.6 million
  Last year, colleges in California, alumni groups, and university foundations made around $6.6 million in royalties, from the agreements they made with the card issuers. Over 3,000 new accounts were ...
• College students can get some of the best banking deals
  Although most of the customers are absolutely peeved with the way the banks have been hiking up the fees on their checking accounts and also phasing out the debit card ...
• Outstanding amount on customer credit card decline significantly in July
  After a spree of uninhibited spending over the last few months, the outstanding balance on customer credit cards saw a steep fall in the month of July this year. As ...
• One, two, three innings for San Francisco giants fans from Bank of America
  Bank of America is the Official Bank of the Giants and as San Francisco Giants prepare for the final stretch of the 2011 season, they will now have an additional ...
• Now cash back credit cards from Bank of America
  One of the largest banks in the United States, Bank of America, is now launching cash back rewards credit cards. Card holders with this card in their wallet can reap ...
• Don’t expect reward points of small business cards anymore
  There is hardly anyone today who is not tired of the innumerable fees levied by banks on just about any type of account. Any transactions you would like to do ...
• Credit card security – US has a chance to improve security
  Beware the next time you want to use your credit card at the check-out counter. This ritual is pretty out-dated and the rest of the world does not do this ...
• Rewards credit cards – the best cards to look out for in 2011
  If you are one of those fortunate few to have survived the recession, and have managed to qualify for a card, then this is the best time to sign up ...
• EMV card in the offing – American airlines and citibank
  The E.M.V. chip technology has gained immense popularity all over Europe since it is far more secure. This is yet another card that can be added to the list of ...
• Credit card use – island approach and its advantages
  As of April 2010, at least quarter of the American population had bad credit, according to reports from FICO. As of March 2011, Americans were also found to be revolving ...
• Choosing credit over debit – some prime reasons
  Following the economic crisis, there seems to be an increase in debit card usage and its use has gone up quite significantly, according to Pulse. This is especially the case ...