Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential ...
Reviving a campaign pledge, President Donald Trump wants a one-year, 10 percent cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew imme ...
Top lenders JPMorgan Chase, Citigroup, Bank of America and Capital One, along with card networks Visa and Mastercard, would ...
Several Indian cardholders, who face interest rates up to 42% per annum on outstanding balances, have welcomed this proposal.
Donald Trump proposes a one-year 10 percent cap on credit card interest rates from January 2026, impacting major US banks and ...
NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move ...
According to Federal Reserve data, over 80% of U.S. adults hold at least one credit card — more than 216 million consumers.
The “interest-free period” is not a flat promise for everyone. It depends on your billing cycle timing, whether you paid the ...
The American Bankers Association panned the proposal, saying it would "drive consumers toward less regulated, more costly ...
President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that ...
The White House did not respond to questions about how Trump seeks to cap the rate or whether he has spoken with credit card ...