Credit Card Rates: Gap Grows Between Rewards And Non-Rewards Cards

Written by admin - One Comment

The widening of the spread between rewards and non-rewards cards makes this a good time to re-evaluate the relative benefits of rewards credit cards. FoxBusiness.com reports that non-reward credit card offers declined to 14.72 percent from their previous level of 14.88 percent. Meanwhile, reward credit card offers rose to 17.27 percent from 17.09 percent.

Nonetheless, credit card customers who carry a balance should try to quantify how much they are likely to be able to take advantage of rewards programs, and compare this amount with the additional interest they are likely to pay on rewards cards to see if worth the extra percentages.

Share and Enjoy:
  • del.icio.us
  • Digg
  • Facebook
  • LinkedIn
  • Twitter
  • Yahoo! Buzz

Published on September 19th, 2011 - One Comment
Filed under: Uncategorized

Related articles...

» Credit Card Rates Give Business a Break
» Inside the Citi Bailout
» Credit Card Rates Drop for Consumer Rewards Cards
» Bank of America to Increase Rates on 4M Cardholders
» Why Do Rate Cuts = Rate Increases?
» Chase Increases Credit Card Rates and Adds New Fees
» Outlawing Retroactive Interest Rate Changes
» Citibank Rate Increases: Be Sure to Opt Out

If you found this article useful, please sign up to receive free e-mail updates:

You will receive only the daily updates, and can unsubscribe at anytime.

Comments (scroll down to add your own):

  1. Test jen

    Comment by Ganesh — Nov 22nd 2011 @ 6:26 am

Leave a comment

Subscribe without commenting

« Credit Cards You Can’t Have

Get free updates...

Articles via e-mail:

Search this site...

Sponsors...


Credit card resources...

Top credit card offers...

    Discover it

    - 0% intro APR on balance transfer
    - 0% intro APR on purchases
    - No annual fee

Recent articles...

Recent comments...

  • Melanie E: I didn’t sign up for Equifax I started to fill in the info...
  • cashier: I’m a cashier at a truck stop in a small town. the company...
  • June carroll: Famiky owned company famiky member used the business credit...
  • June carroll: Famiky owned company famiky member used the business credit...
  • Sandy S.: The states of Oregon and Washington were concerned enough about...
  • Chris Russell: Been a while since I posted #78, see above. Amex is back at it...
  • Matt: card issuers can increase rates at any time I work for us bank and we...
  • AUTUMN HECTOR: My name is Autumn Hector i lost my ss card and is worried that...

Most talked about...

Disclaimer...

    The terms of third-party offers referenced on this website are subject to change without notice. While we strive to maintain timely and accurate information, offer details may be out of date. Visitors should thus verify the terms of any such offers prior to participating in them. Please see our terms of service for additional details.