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Bankrate.com has published its annual Credit Card Study with this year's edition focusing on terms and conditions -- the fine print of credit card agreements. The survey looked at two cards from the top 10 issuers, one platinum card and one rewards card. Bankrate found that the terms and conditions varied by issuer, not by the card. Issuers surveyed were: American Express, Bank of America, Capital One, Chase, Citi, Discover, FNB Omaha, USAA Federal Savings, US Bank, and Wells Fargo.
This is a very good article and comes at such a great time. I have followed Ellen Cannon on Bankrate for a long time. Nice to see PaymentsNews display this too.
This Credit Cards Study is exactly what the consumer needs at this point.
Randy
Posted by: Randy | June 30, 2009 at 06:37 AM