+ Reply To This
Results 1 to 7 of 7
-
12-21-2016, 01:00 PM #1
- Posts
- 62
Has your card raised its interest rate?
How many of you are seeing credit card interest rate hikes since the Fed raised rates last week? I have not gotten any notices yet. But I suspect they will be arriving shortly.
-
12-21-2016, 02:08 PM #2
- Posts
- 52
Not yet. But it is only a matter of time.
-
12-22-2016, 10:02 AM #3
- Posts
- 282
I have received no notices yet. But I did see online advertising for a card I have that showed interest rates for new cardmembers were up 25 basis points. So I suspect those notices are in the mail.
-
12-22-2016, 11:37 AM #4
I think y'all are right. It is only a matter of time. In fact, my guess is they are in the mail already.
A little Christmas present from the Fed.Need a Card to Build/Rebuild Your Credit With? Read This >> Best Credit Cards For Building Your Credit
-
12-24-2016, 11:34 AM #5
- Posts
- 36
Yes.
Merry Xmas from the Fed.
-
03-08-2017, 09:05 PM #6
- Posts
- 17
Is another hike on its way?
-
09-18-2017, 03:56 AM #7
- Posts
- 15
Some credit cards use the nefarious two-cycle daily balance, which keeps you paying interest on half of what you’ve paid off for a full month after you make your payment.