Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Bankrate.com CUs viable option on low-rate credit cards
NEW YORK (5/13/10)--Low-interest-rate credit cards from credit unions are a viable option for consumers who are not looking for the rebates and rewards of major bank credit cards, Bankrate.com said Wednesday. “Credit unions generally offer lower interest rates and fees, so if you carry a balance, they may be cheaper,” the financial news outlet said. Penalty rates on credit union cards also are lower--or may not even exist, Bankrate said. Because credit unions are owned by their members, major rate hikes on the cards and other changes are not as likely as they would be at banks, the news outlet said. The Bankrate article, “Low interest rate credit cards,” encouraged consumers to seek out low interest rate cards that best fit their lifestyle. “If you plan to pay the balance in full, then you might be better off with a rewards card that doesn’t charge an annual fee,” Bankrate said. To read the article, use the link.
Other Resources

RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
13 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
15 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
18 hours ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
18 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
20 hours ago