Credit Union CC's
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Credit Union CC's
| Wed, 01-14-2009 - 1:13pm |
Are interest rates being increased on cc's issued through your credit union?
We have 4 credit cards, 3 of them we do not charge on and the one that do sometimes charge on is issued through a credit union.
We have two with Citi & one with Discover...I read on a previous post that Discover has increased the interest rate too.

Mine was always high - 13.9%. On the other hand, there are no fees associated with my credit union, and their CD rates are still higher than the online banks'. This is my one remaining CC, which I pay off every month and only use when a merchant doesn't take Amex. I figure having 13.9% interest keeps me from ever carrying a balance forward - WAY too much when compared to what my money is earning in savings accounts and CDs!
Kelly
Danni
cl-phocid, Debt Support Group
All my best,
Danni
I have a line of credit with one credit union and when interest rates were shooting up a few years ago there's did not move.