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Bank Credit Card News

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Citizens Bank has rolled out a program to give customers additional discounts on GetGo gasoline when using their bank card for a variety of purchases. Customers who buy $50 worth of groceries a month at a Giant Eagle supermarket receive a 3 cents per ...

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Citizens Bank promotion links to GetGo gasoline - Pittsburgh Tribune Review

Washington, D.C. (AHN) - While the Treasury Department is willing to extend a helping hand to consumer credit card companies to unfreeze credit, federal bank regulators are close to the idea of forgiving credit card debts. The Office of the ...

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Federal Bank Regulators Reject Proposal To Forgive Credit Card Debts - All Headline News

Bank of America Corp ( BAC ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt. The ...

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Regulators nix credit card debt forgiveness plan - MSN MoneyCentral

Bank workers' union Finsec is calling on the banks to explain why the interest rates on credit cards haven't dropped in response to reductions in the Official Cash rate and in the face of mounting evidence that the recession is causing greater ...

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Credit card interest rates too high - Scoop

Banks have increased the interest rates paid by hundreds of thousands of shoppers this year, even though the cost of borrowing set by the Reserve Bank has fallen almost a quarter. Banking commentators say credit card interest rates have been slow to ...

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Credit card costs defy interest rate tumble - New Zealand Herald

Requires Internet Explorer WASHINGTON - Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt. The Office of the Comptroller of the Currency rejected the ...

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Feds nix credit card forgiveness - Raleigh News & Observer

Bailout Shifts Focus; Will Now Concentrate on Investing, Not Toxic Loans American Express to Seek $3.5 Billion Bailout Stores See Surge in Applicants for Holiday Help AmEx Approved to Become Bank Holding Co. Business Books Abound at Miami ...

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Fitch: U.S. Card Losses Could Hit New Highs in 2009 - HispanicBusiness.com

American Express ( AXP ) becoming a bank holding company [BHC] is not just net positive for the company it is simply positive. When a highly leveraged investment bank like Goldman Sachs ( GS ) turns into a BHC, its future profitability suffers as its ...

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Why AmEx Becoming a Bank Holding Company is a Positive Move - Seekingalpha.com

I hear it's a pretty good deal and a pretty good life — because you can never die. Just ask American Express. In case you didn't hear, the credit card giant is now the bank holding company giant. Happened just the other day, faster than me working ...

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In My Next Life, I'm Coming Back As a Bank - FOX News

Credit card companies were on a collision course with Gordon Brown last night after they rejected calls to reduce interest rates, some as high as 69%, after last week's shock cut in the Bank of England's base rate. In a clear signal that the prime ...

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