Government regulation is at the core of what helps shape the financial system in nearly every country, and the U.S. is no different. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
American Express is raising interest rates for more than a million of its credit-card customers, with an average increase of 2.5 percentage points, Bloomberg News reported on Wednesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Credit card interest rates are on the rise, but so are the rewards issuers are offering cardholders. In fact, a lot of the terms today heavily favor cardholders. But don’t expect consumers to turn to credit card cash-advances any time soon. Those fees are way...
January 22, 2026
Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]
February 26, 2015
American Express is raising interest rates for more than a million of its credit-card customers, with an average increase of 2.5 percentage points, Bloomberg News reported on Wednesday (Feb. 25)....