Imagine trying to design a key for a lock that is constantly changing its shape. That is the exact challenge we face in ...

Reward programs are growing ever more complex, while AI and Gen Z will begin exerting even more influence on the market. Many or all of the products on this page are from partners who compensate us ...

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 ...

Trump says he is asking Congress to cap credit card interest rates JPMorgan CEO says rate cap would cut off credit for 80% of Americans Banking industry pushes back against Trump proposal Trump, under ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...

A large-scale loan phishing operation in Peru has been uncovered, showing how cybercriminals are abusing fake loan applications to steal valid card numbers and PIN codes from unsuspecting users.

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8. Their proposal, the Credit Card Fairness Act, ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. Form showing credit card high interest rates. (Photo by: Michael ...

Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...