Robert McKinley
Robert McKinley
bells carry consumers drawn interest programs rate reward swayed worth
Don't be swayed by bells and whistles, like reward programs or miles. A lot of consumers are drawn to these, but if you carry a balance, the interest rate may not be worth it.
limited market
They'll only be limited by what the market can bear.
billing built charge form
Many issuers have a charge back form built into the monthly billing statement.
credit environment hit looking sorts strain
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things.
balance checks fee interest nineteen percent rate starts transfer
There are fees. You may have a balance transfer fee or a convenience fee, and the interest starts right away and the interest rate typically on those checks is very high. Nineteen percent or higher.
backs low sort
There are sort of give backs with those low rates.