Sometimes, closing the account may be the best move. But before you do, make sure you understand the new benefits, the timing of the changes, and the potential credit score impacts. Many or all of the ...

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Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a person familiar with the bank’s thinking told NBC News on Thursday. President Donald Trump ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...

Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...

Shares in major credit card lenders tumbled in Monday after President Trump late Friday proposed a 10% cap on the fees these cards charge customers. “Effective January 20, 2026, I, as President of the ...

When someone opens a credit card in your name, the damage usually starts before you even know the account exists. Your credit score can drop. Fraudulent charges can pile up. And if it goes unnoticed, ...