Fixed-Rate Credit Cards May Vanish
Could fixed-rate credit cards soon be a thing of the past?
In June, Bank of America Corp. and J.P. Morgan Chase & Co.’s Chase Card Services notified some cardholders that their fixed rates were being converted to a variable rate tied to the prime rate. In March, Discover Financial Services also notified some customers that their [...]
Groups on Credit Card Lending Tactics
An investor advocacy group and mutual fund firm with a focus on corporate responsibility are spreading the word about predatory lending resolutions they’ve helped to place on the proxy statements of three large banks.
Goshen, Ind.-based MMA Praxis Mutual Funds and New York-based Interfaith Center on Corporate Responsibility have placed resolutions on the proxy statements of [...]
United Airlines Renew Credit Card Agreement
Chase today announced the renewal of their popular United Airlines co-branded credit card program, which offers various products that provide exceptional travel benefits to cardmembers.
“We are excited to continue our successful relationship with United Airlines, offering consumers and small businesses compelling travel rewards for many years to come,” said Steve Fox, general manager, Chase Card [...]