Banks Ready Battle Plans to Save Their Credit Card Businesses

Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates.

JPMorgan CFO warns Trump's proposed credit card cap could cause people to 'lose access to credit'

JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy and reduce access to credit for consumers who need it most.

Trump opens door to Liz Warren on credit card rates as GOP weighs affordability fight

President Donald Trump calls Sen. Elizabeth Warren to discuss capping credit card interest rates at 10%, finding common ground with progressive Democrats on affordability.

Wall Street Scrambles to Defuse Trump’s Credit Card Onslaught

President Donald Trump’s attack on two of the biggest ways banks make money off of credit cards has Wall Street racing to come up with an an olive branch — even as they gear up for a potential fight.

Costco quietly added a major credit card perk

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 .

Senators advance bill enabling businesses to shift charge credit card fees to customers

The measure has support from restaurant owners who say credit card fees are a growing portion of their expenses since 2020.
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