Recent news has indicated that rising fees, higher rates, and unfavorable terms from the major credit card companies is probable soon. Sounds a bit extreme, but an article posted Friday explains the issuing of a legal, and looming interest rate of 79.9% on a First Premier Bank card. Unbelievable? Check it out.
This is just one example of what may be ahead for credit card owners. Many are stressing consumers be aware of all terms and conditions associated with their current and future cards concerning fees and inflated interest rates.
You may want to include in your research local credit union cards as a viable alternative. An article on Saturday by the AP answers many questions on why a local credit union card may be more beneficial than sticking with your current bank.
Consider becoming a member at Financial Center Indianapolis for great rates and virtually no fees on cards. Our local credit union boasts many financial services that the Indianapolis bank offers at more exceptional rates and better service.
Educate your self here, and consider credit union banking for all your banking needs. Learn more about the local Indianapolis Credit Union. Contact FCFCU.
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