Tuesday, March 15, 2011

This week's top story: CARD Act rate reductions kick in

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More credit card news | Credit card help | Credit card videos | Credit card statistics March 15, 2011
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

Credit card reform law interest rate reductions kick in
Major credit card issuers are implementing account reviews required by the Credit CARD Act of 2009, so pay close attention to your next monthly credit card statement. You might be in for an unexpected surprise. More... 
How your credit, debit card impacts gas purchases
"Blocks" or "holds" on your debit or credit card funds, along with spiking high prices, can drain an account faster than a gas hog drains a tank. More... 
Hip-hop's Russell Simmons defends RushCard fees
The hip-hop mogul promotes spirituality, peace and defends the fees on his prepaid RushCard. More... 
10 tips to 'spring clean' your finances
It's the season of invigoration, a time to ditch dusty financial items and habits and start fresh with what you need to succeed. Here's how. More... 
Expert credit card advice

Not happy about our credit scoring system?
'Credit Score Report' expert Jeremy M. Simon
Consumers unhappy with the U.S. credit scoring system will be getting a powerful new ally. Just don't expect a miracle overnight. More...
 
Disabled and in debt: Three choices
'To Her Credit' expert Sally Herigstad
A woman living on disability with credit card debt wants to stop paying the $5,800 she owes. Our expert outlines her choices.
More...
 
The Credit Guy's top 5 money tips
'The Credit Guy' expert Todd Ossenfort
After writing his column for the past three years, columnist Todd Ossenfort leaves us with these top five money lessons.
More...
 
Fees still accrue even if card account is closed
'Opening Credits' expert Erica Sandberg
A reader carrying a balance on a closed card account wonders why she's still being charged a maintenance fee. More...
 
More credit card news

FTC: Fewer griping about credit cards
Consumer advocates say the sharp drop in complaints proves the credit card reform law is working, but the FTC isn't convinced. More... 
Rate report: New credit card APRs decline
Credit card interest rates inched lower for the second straight week as more banks begin testing offers for the spring. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 3-15-2011)
National Average   14.65%
Business   12.91%
Low Interest   11.18%
Balance Transfer   12.78%
Cash Back   13.41%
Rewards   14.32%
Bad Credit   23.95%
Airline   14.33%
Student   13.42%
Instant Approval   15.99%

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