CREDIT CARDS » Credit Card Rates

Many consumers feeling the brunt of the economic meltdown took advantage of a system that had no intention of protecting their needs in the first place. President Obama is currently in the works ofoverhauling the financial regulatory system and creating a consumer protection agency to prevent any other large scale financial melt down from occurring in the future.

The consumer protection plan is a multi-leveled approach to allowregulators more involvement across the entire financial spectrum. Credit card reform and tighter oversight ofbank holding firms, financial institutions and independent borrows are all falling under the guise of this strategy.

Currently there is a 88 page document spelling out the proposed changes including overseeing the entire financial fabric of our nation as a whole abd regulators were entrusted with only looking at individual companies.

One of the main components of this proposal is creating a Consumer Financial Protection Agency with the powers being divided among the Federal Reserve and other government agencies. This department would directly affect the credit card industry as it would require constant review of both credit and lending practices, while establishing a much needed level of protection to borrowers - specifically mentioned are credit card holders.

Be informed about the use of credit cards on Go Banking Rates.

Citi Bank is now offering a high 4.07% APY cd rate - this is by far one of the highest cd rate just for an 18 month cd. The stock market hasn't done too extremely well in recent months and many people are flocking into low risk investments such as cds, so if you're one of those people this cd rate may seem like a "treasure chest." Also this offer is design to help those with poor credit.

As a way to build your credit history, the 18 month cd account is tied in with the Citi Secured MasterCard - if you deposit between $200 and $25,000 into the CD you can get a credit card limit equal to the amount you put into the CD. Customers who are out of credit, with this offer, after the 18 months will be eligible for an unsecured Citi Platinum Select credit card.

To help build your credit score or just looking for great CD Rates, check on Go Banking Rates.

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.

Discover Card is offering a 0% APR card call the Discover More. Currently, with this card customers can get 5% cash back bonus in the follow categories:

• Travel
• Home Improvements Stores
• Department stores
• Gas
• Restaurants

Customers may also get up to 20% cash back bonus if they shop at...

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If you've got an enormous credit card bill and you're paying an ugly interest rate on it, then you may want to transfer your balance to a new credit card in order to take advantage of a low interest rate introductory offer. Many credit cards will offer zero or low interest rates on your balance...

People who have some type of credit will have some type of debt. These debts come in various forms, such as credit card balances, student loans , auto loans , mortgage loans , etc. However, there is a difference between good debt and bad debt.

Good Debt Can Keep Your Credit Healthy

When you...

Everyone is feeling the pinch from the economic turmoil overshadowing the nation. Consumer confidence, spending, and relying on credit cards for purchases are down and big financiers are feeling the pain. According to Market Watch , both banks and credit card issuers are "imposing new fees and...

Linking your credit card to your bank account can help save you lots of time and money. By linking the accounts it will enable you to pay your credit card bills automatically every pay cycle. This is especially helpful for people who are forgetful and end up having miss payments and late charges...

If you're a parent who is thinking about giving your teenager the responsibility of having a credit card, there are questions you may want to consider about your teen before allow that responsibility. Credit cards are quite notorious instruments for self-indulgence, and the number one source of...

A record spike in credit card delinquencies is highlighting the potency of the worst economic crisis America has faced in decades. Findings from first quarter reports, according to Moody's Credit Card Index, indicate that more cash strapped consumers were past due in their credit card payments...