Credit Cards Changing To Variable Rates

Home > Bad Credit, Credit Score, Credit Repair Forum > Credit cards changing to variable rates Dear Credit card holder, It is now time to kiss your fixed-rate credit cards goodbye! Bank of America and Chase Bank, two of the biggest credit card issuers in the nation, say they're switching some fixed-rate credit cards to variable rates to manage costs in light of the sweeping new reforms to the credit card industry. The interest on variable-rate credit cards will be tied to the rise and fall of the prime rate. These changes will be effective starting in August 2009 for both banks. So... What do you think about that? Posted by Credit Card News on 7/19/09 7:49 AM Twitter Facebook More REPLY to topic or start a NEW Topic Page 1 of 2, read them all... First Last < Previous Topic     Next Page > < Previous Topic | Topic List | Recent Posts | Archives | Next Topic > Subject Author Time of Post Credit Cards Changing To Variable Rates Credit Card News 7/19 > Re: Variable Vs. Fixed Rate Credit Cards Variable-rate credit cards make up 66 percent of credit cards issued by the nation's largest lenders... Credit Card News 19-Jul-09 08:37 AM View: Simple | Summary | Expanded As: Threaded | Msg List