Credit Cards News. Tag: 'interest'
We’ve been watching the overwhelming number of lawsuits being filed against the nation’s biggest banks. Seems like for every one that’s settled, there’s another waiting in the wings. Bank of America isn’t immune to these legal quagmires.
For months, we’ve heard that finding a solution to the fiscal crisis was absolutely crucial for our very survival and just as importantly, we heard time and again that it had to be done by midnight, December 31st.
While credit cards are more various and more enumerable today, they are, essentially, the same product they have always been.
Most consumers probably feel that they are at the will of their credit card provider. The truth, though, is that the customer actually has more control than you might think.
USA card holders experienced an increase of 15.14% on average APR rates on credit cards. This increase is a jump from 14.75% rate which was taken by customers just six months ago.
There were many who applauded “Balance Transfer Day” which was scheduled for December 11, 2011. Consumer advocates were keen for consumers to find the lowest possible interest rates and begin to clear their debts.
This holiday season, consumers are opting to pay by credit card, not only for the ease of tracking what is purchased but also also to collect reward points according to a new survey by USAA.
While the majority of consumers in the United States may not even have finished gift shopping for this Christmas, finance experts are urging everyone to start thinking about next Christmas now by opening a fairly old fashioned “Christmas Club” account.
In recent times it has become commonplace for consumers to be asked if they would be interested in signing up to a store card when making payment at the cash register.
Chase has announced the launch of their new Chase Sapphire 2011 Golf Experience Program which will be hosted by champion golf professional Stewart Cink.
Average interest rates on new credit card accounts have remained steady at 14.83% for the third consecutive week according to the Weekly Credit Card Rate Report.
HSBC Bank announced that they intend to bow out of the credit card industry either by selling their credit card interest in the United States, or phasing it out completely.