Credit card companies haven’t bitten back — yet | Atlanta Bargain Hunter


We were fearful of what credit card companies might do in response to sweeping, consumer-friendly regulations that came down the pike in February.

So far, not much, according to a Bankrate.com survey of the 50 largest card issuers conducted April 1-8. The company compared the fees on 73 of the most basic cards. Of those, 33 were issued by credit unions and 40 by banks. Of the 73, only 12 had a fixed interest rate.

Only a few have implemented the dreaded inactivity fee or annual fees.

via Credit card companies haven’t bitten back — yet | Atlanta Bargain Hunter.

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