Fed Cuts Key Rate By One-Quarter of a Point: Credit Card Users Will Likely Benefit

Posted On: May 2, 2008

By Jessica Austin, CardRatings.com Public Relations Associate

The Fed announced a 25 basis point rate cut, bringing a key rate to 2.00 percent. The prime rate will also fall one-quarter of a percentage point to 5.00 percent. The move by the Federal Open Market Committee followed several rate cuts in the first quarter of 2008 that [...]

Fed Cuts Key Rate By Three-Quarters of a Point: Credit Card Users Will Likely Benefit

Posted On: March 25, 2008

By Jessica Austin, CardRatings.com Public Relations Associate

The Fed announced a 75 basis point rate cut, bringing a key rate to 2.25 percent. The prime rate will fall three-quarters of a percentage point, also, to 5.25 percent. The move by the Federal Open Market Committee followed a half-percent rate cut Jan. 30 and brought the [...]

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 [...]

Discover Gas Credit Card 5% Reward

Posted On: July 29, 2006

Author: glenn21
Posted: Sun Jun 25, 2006 8:55 am
Post subject: My Discover Gas Card to limit 5% reward to first $1200
First post here. Nice site.
Sorry if this information has already been discussed. I didn’t see it on a search.
I make most purchases with a Chase Amazon.com VISA card. But I have been using my Discover [...]