GO
Loading...

Poll: Ban Banks From Raising Credit Card Rates?

Citigroup has increased interest rates on up to 15 million U.S. credit card accounts just months before curbs on such rises come into effect, the Financial Times reported citing people close to the situation.

Other banks also are raising rates.

In a statement, Citigroup said "We have adjusted pricing and card terms for some customers as part of our regular account reviews. Read the full story.

Related Links:

  • Lukewarm Bids for BofA Unit
  • Yellen: Slow Recovery to Start Late '09
  • Soros Predicts 'Stop-Go' Economy

Have more to say? Send us your thoughts, questions and suggestions using the form below.

Have more to say? Send us your thoughts, questions and suggestions using the form below.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

  • The Glass Ceiling

    Full-time working women still only earn about 77% of what men do in the same fields. A lawsuit in Silicon Valley is bringing renewed focus to that statistic. Vanity Fair Contributing Editor Bethany McLean on the equality fight for women's pay and promotion.

  • Man takes off work clothes on beach

    With Ruth Porat leaving Wall Street for Silicon Valley, Turney Duff takes a look at other ex-Wall Street friends and where they are now.

  • A group of scientists believe they've cracked the reason behind a big mystery: Why are beards so popular?

U.S. Video