Trump announces 1-year 10% cap on credit card interest rates
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Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.
3hon MSN
JPMorgan's CFO warns cutting credit card interest could make the business not worth being in
JPMorgan Chase's chief financial officer outlined the impact of a rate cut on its credit card business on Tuesday, warning that such a move could have detrimental effects on the bank's lending business.
Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.
But Costco members can benefit from the store’s branded credit card because it offers a major perk – 2% cash back on all Costco purchases. And that extends to Costco.com .
The measure has support from restaurant owners who say credit card fees are a growing portion of their expenses since 2020.
Apple launched its first credit card in August 2019, and as of early 2024 the Apple Card had more than 12 million users. Whether you applied for the card to enjoy the cash back benefits, the privacy, or the special financing on Apple products, you might be wondering if it's possible to get an increase to your credit limit.