Act now for a better credit card interest rate instead of waiting for Trump’s 10% limit or Fed cuts.
Trump Proposes Credit Card Interest Rate Cap Amid Mixed Reactions Last week, President Trump reiterated his push for a temporary cap on credit card interest rates. He argues that this could assist numerous Americans in saving for home ownership. In a speech at the World Economic Forum in Davos, Switzerland, he stated, “I’m asking Congress […]
Online skimming attacks quietly take card information from payment pages
Online shopping is quick and convenient, but there are hidden dangers lurking beneath the surface. Researchers have been monitoring ongoing web skimming campaigns that target businesses linked to major payment networks. Web skimming involves injecting malicious code into checkout pages, allowing criminals to steal payment information entered by shoppers. These attacks go unnoticed during the […]
How limiting credit card interest rates could reduce credit options for working Americans
Trump Proposes Credit Card Interest Rate Cap At the World Economic Forum in Davos, former President Donald Trump suggested capping credit card interest rates at 10%, echoing a proposal made by Senator Bernie Sanders. While it’s clear these ideas resonate with many people, popularity alone doesn’t necessarily equate to sound policy. Having served as Chief […]
Trump Seeks Congressional Action to Limit Credit Card Rates to 10%
Trump Proposes Credit Card Interest Rate Cap President Donald Trump recently announced plans to ask Congress for a one-year cap on credit card interest rates at 10%, a proposal that has sparked significant pushback from major banks and card issuers. In a speech at the World Economic Forum in Davos, Switzerland, Trump expressed that this […]
Updated Bilt Cash information: Get 3x points with the Palladium Card and additional benefits
Get ready, because Bilt is unveiling more about its 2.0 program. This initiative includes three new credit cards, two ways to earn, and a brand-new currency called Bilt Cash. Bilt Cash doesn’t replace Bilt Rewards points, which are actually the most valued currency in loyalty programs according to TPG’s January 2026 ratings. It’s the high-quality […]
Trump urges Congress to set a 10% limit on credit card interest rates; bank stocks increase.
Trump Pushes for Credit Card Interest Rate Cap On Wednesday, President Donald Trump called on U.S. lawmakers to implement a cap on credit card interest rates, proposing a limit of 10% for one year. He made this statement while attending the World Economic Forum in Davos, Switzerland, emphasizing the potential benefits for millions of Americans […]
Deadline for Trump’s 10% credit card limit is approaching. Will credit card companies agree?
Trump’s Interest Rate Proposal for Credit Cards President Trump marked January 20 as the deadline for a plan that aims to reduce credit card interest rates to 10% for a year. Although that date has arrived, most banks and credit card issuers have kept their rates steady, expressing opposition due to a lack of necessary […]
Jamie Dimon of JPMorgan criticizes Trump’s 10% credit card limit
Dimon Warns Against Trump’s Credit Card Interest Rate Cap Jamie Dimon, CEO of JPMorgan Chase & Co., expressed concerns on Wednesday regarding President Trump’s proposal to cap credit card interest rates at 10%. He believes this could lead banks to reduce credit limits for many Americans, ultimately harming the economy. In an interview with The […]
US Bancorp CEO cautions clients about significant impact from Trump’s credit card limit
US Bancorp CEO Discusses Potential Impact of Credit Card Interest Rate Cap On January 20, the CEO of U.S. Bancorp, Gunjan Kedia, expressed serious concerns regarding President Donald Trump’s proposed 10% cap on credit card interest rates. He indicated that such a move could significantly affect customers and the overall economy, resonating with worries from […]
Is your credit card company obligated to limit its interest rate to 10%?
Trump Proposes 10% Cap on Credit Card Interest Rates In light of growing voter worries about the economy and the cost of living, former President Donald Trump has proposed a policy that would limit credit card interest rates to 10% for a year. On January 10, he shared a post on Truth Social stating, “As […]