Tag: Credit Card Interest Rates

Inflation creates risk in the credit card business. The typical U.S. household, with a median income of $68,521, must juggle ...

A basis point is a relatively small number. For example, when a number is expressed as 12.34%, the last position, ...

Black Friday is 32 days away, on November 26. With 2021 retail sales “estimated to total between $4.44 trillion and $4.56 ...

Buy Now, Pay Later did not originate in Australia. Depending on whom you ask, BNPL originated with Klarna in the ...

Booking a new credit card account is not cheap. Issuers pay aggregators, such as Credit Karma and Nerd Wallet, hefty bounties ...

For months in the early 1980s, I traveled from LaGuardia Airport in N.Y. to Minneapolis on either United or USAir, ...

The Senate Banking Committee holds a hearing about interest rate caps on July 29.  The title is ominous: "Protecting Americans ...

American Express raised its rates on the legendary Platinum Card. In an article this morning, The American Banker wondered if ...

People watch the prime rate because that directly affects consumer interest rates, but the actual number to watch is the ...

The bank credit card model works well across the world, but repayment terms are not the same everywhere. Many markets ...