Your Credit Card Company Is Robbing Your Blind

t’s difficult to rent a car or buy a plane ticket without a major credit card like Visa (V), MasterCard (MA), or American Express (AXP).

We’re living in a world where cash is no longer king. Credit cards offer convenience, but the flipside is often higher interest rates, new fees, and shorter payment deadlines.

New and seemingly ever-changing rules make it difficult to manage your account and maintain a solid credit rating. So, shop around for the best deal on a credit card. Wells Fargo (WFC) and Bank of America (BAC) offer convenience, but regional banks such as M&T Bank (MTB), PNC Financial (PNC), or KeyCorp (KEY) may offer better terms.

via Seven Ways Your Credit Card Can Rob You Blind-Minyanville.

Posted by Man In The Middle on Jul 13th, 2009 and filed under Big Business/Wall Street, Credit & Debt, Credit Cardholders Bill Of Rights, Economy, Family Finances, Latest News, Money, News, Small Business, The Banks. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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