Variable Rate Credit Cards Expected to Fall in Light of Recent Fed Rate Cuts

Posted On: January 29, 2008

By Jessica Austin, CardRatings.com Public Relations Associate

The Federal Open Market Committee cut short term interest rates again today by one half of a percentage point to 3.0%. The Fed’s rate cut was in response to the economy’s current financial state.
According to the Fed, “The Committee took this action in view of a weakening of the [...]

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Capital One Says, “Create Your Own Credit Card”

Posted On: January 15, 2008

By Curtis Arnold, Founder of CardRatings.com

Capital One just came out with Card Lab, a do-it-yourself site, where you can design a credit card that floats your boat. For starters, you have to indicate what your “credit level” is. Then you can pick and choose among basic and additional rewards, interest rates on new purchases and [...]

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