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EXCLUSIVE: Trump's 10% Credit Card Rate Cap Sounds Great — But Experts Say It Could Kill Rewards, Hurt Airlines And Shrink Credit Access
20 Jan 2026 13:50 GMT
… founder of Your Best Credit Cards, told Benzinga that rewards … expected from co-branded credit card and partner agreements.
United … by higher co-branded credit card spending and loyalty partnerships, … deadweight cost on society."
Citigroup Inc. (NYSE:C)…
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US bank stocks fall as investors weigh credit card rate cap deadline
20 Jan 2026 15:07 GMT
… implement a 10% cap on credit card interest rates will take … risk associated with the unsecured credit card loans.
Trump had called on … 6%. Bank of America and Citigroup fell 1.1% and 2 … action.
The move to cap credit card interest rates comes amid growing …
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Standard Chartered weighs future of credit card business in India – report
19 Jan 2026 15:24 GMT
… options for its retail credit card operations in India as … let go of certain credit card customers who do not … services.
The bank said credit cards remain a key part … .
Citigroup transferred its entire Indian consumer business including credit cards to …
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White House Mulls Executive Action on 10% Credit Card Cap
18 Jan 2026 23:16 GMT
… called for a cap on credit card interest rates.
Now, the … , Bank of America and Citigroup all expressed their opposition to … meaning less people will get credit cards, and the balance available … to them on those credit cards will also be restricted.”
…
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Trump Proposes 10 Percent Cap on Credit Card Interest Rates
18 Jan 2026 18:39 GMT
… Mason, Chief Financial Officer at Citigroup
Banks are simply panicking, because … Consumer Financial Protection Bureau
The credit-card industry knows that the president … a comprehensive approach to regulating credit cards can yield stable results.
Trump …
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As Trump's deadline for a cap on credit card rates looms, banks have only questions and...
17 Jan 2026 15:57 GMT
… found that while the credit card industry would take … be profitable, although credit card rewards and other perks … the nation’s biggest credit card companies. Its customers collectively … Card credit card portfolio from Goldman Sachs.
Mark Mason, Citigroup’s …
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As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers
17 Jan 2026 14:00 GMT
… “an expectation” that credit card companies will accede to … be profitable, although credit card rewards and other perks … the nation’s biggest credit card companies. Its customers … Card credit card portfolio from Goldman Sachs.
Mark Mason, Citigroup’s …
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Trump is weighing an executive action to cap credit card interest rates at 10%
17 Jan 2026 07:17 GMT
… executive action to cap credit card interest rates as Congress … remains stuck.
The 10% credit card plan sits inside a … this week. JPMorgan Chase, Citigroup, and Bank of America all … impact on their businesses.
Citigroup Chief Financial Officer Mark Mason …
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Trump's proposed credit card cap spotlights Americans' debt. Would it help?
17 Jan 2026 03:36 GMT
… three credit cards has accumulated to $6,000
Credit card interest … carry a credit card balance, and overall credit card debt in … on Monday.
Jane Fraser, Citigroup's chief executive, … done, including capping credit card interest rates or lowering …
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NEC Hassett Says Banks Can Voluntarily Offer Credit Card To Citizens Amid Credit Card Interest Rate Battle
17 Jan 2026 03:34 GMT
… .S. banks can voluntarily provide credit cards to underserved Americans as a … midterm elections: the Credit Card Competition Act. Under the Credit Card Competition Act, the … sector like JPMorgan, Citigroup as well as credit card firms like Mastercard and …