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The typical credit card now charges a record-high 20.72% rate on introductory offers, reports Bankrate.com. Certain types of cards, such as those sponsored by specific stores or retailers, are ...
The GM credit card program will remain exclusively under the Mastercard brand, offering additional cardmember benefits. Last week, GM Energy launched an energy storage product called the PowerBank ...
Goldman bought the GM credit card portfolio in what was reported to be a $2.5 billion deal in 2020. Skip to main content ...
In November 2024, nearly half of American cardholders (48 percent) were carrying a credit card balance from month to month, according to Bankrate’s 2025 Credit Card Debt survey.
In fact, the largest 30 credit card companies account for a staggering 95% of the country's credit card debt, with the top 10 dominating the marketplace, according to the CFPB.
Debt to pay off. Monthly payments. Time to pay off. Interest/fees paid. Card with 15-month intro APR offer. $5,150 (principal balance + BT fee) $300. 17. $150 BT fee, $12.10 in interest
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The Fed cut its benchmark short-term interest rate, the federal funds rate, by a full point in 2024 and the average credit card rate has only dropped from 20.74 percent at the start of 2024 to 20. ...
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