Credit Cards
recommended by
our experts

Get Cards
Credit Card eZine - News and Articles about Credit Cards

Credit Card eZine - News and Articles about Credit Cards

Get even more information on credit cards? Read our Credit Card eZine. The section is regularly updated by our specialists. Learn all the financial tricks. Know the pitfalls and hidden bonuses. Find out how to transfer balances and accumulate points. We will tell you about the latest offers on the market.Get your credit card education and make the most out of your plastic.

Credit card loopholes to be carved out soon


A lot of new credit card regulations came into effect to help customers deal with many card issuers` tricks. However, credit card issuers in the coming year would be looking forward to generating new sources of revenues to make up for the losses. These new ways would be in contrast to the efforts of the card holders to cut down on their credit card dependence next year. A lot of changes are predicted for 2011.

Credit card issuers cannot increase the APR on the credit card accounts in the first year of opening card accounts. So rates are expected to go up on the new accounts. The average interest rates in the country have, in fact, risen from 11.64%, 6 months back to 13.8%. Card issuers like Chase Freedom and Discover More are offering 100 dollar spending bonuses for new card customers who reach spending limits of 799 and 500 dollars in 3 months. The annual fee in the Thank You Prestige Card from Citi is 500 dollars. However, customers can earn a point for every dollar spent on select purchases, along with 1.3 points at drug stores, gas stations and supermarkets. The Thank You Premiere Card has a much lower annual fee of 125 dollars but offers 1.2 points for purchases at drug stores, supermarkets and gas stations.

There has been an increase in 0% introductory period, balance transfer offers from many credit card issuers. The introductory period could be longer than a year. Some companies are using prepaid cards to earn revenues as well.

Share Opinion:   digg   Furl   YahooMyWeb   Propeller   Reddit  
Comments not found

If you have something to say, please leave your comments below.

Your Name: *
Your Email:
Your Comment: *

Enter Number from Picture: * number

* - Required Fields Add Comment
[Sunday, December 18, 2011]
Chase Bank recently announced the redesign of its Visa credit cards - allowing more space on the front for the Chase logo. This new design is in trial mode currently but Visa has pans to roll out its new design to other financial institutions in order to increase the branding and logo visibility of the individual issuing banks.
Comments (0)
[Friday, October 28, 2011]
Debit and credit: they`re both plastic, why not consolidate them? The Cinncinati-based Fifth Third Bank, is the first to offer the DuoMasterCard which consolidates both a checking and a credit card account into one card.
Comments (0)
[Wednesday, September 21, 2011]
It really pays when you do the right thing. Take credit cards for instance, having a clean credit profile really does help. Those who managed to maintain a squeaky clean credit report during the recession can now jump with joy, as they will get some of the best deals from credit card issuers.
Comments (0)
* The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.
We do our best to maintain the information accurate at However, all the credit cards information is subject to change and presented without warranty. See the up to date credit card terms and conditions on the secured credit card application page. Note that may be compensated by credit card issuers when visitors apply for a credit card through the links on this website., an independent, advertising-supported website, receives compensation from the companies whose offers appear on the site. This compensation impacts where and how credit products appear on our site, including, for example, the product listing order in which they may appear on separate pages. does not present or review all available credit or financial offers.
Disclosure: Not an access card.