Credit Union Credit Cards - It's like paradise

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For anyone who's every been a member of a credit union this won't be a big surprise, but everyone else might just wonder why they've never even considered joining one. I don't know if it's the lack of advertising or the lack of conveniently located branches in high profile areas, but to anyone who's fed up with their bank's exorbitant fees credit unions might be the right alternative. Even the corporate greed worshipers over at Forbes can't deny the appeal of credit unions:

...interest rates for credit cards issued by the nation's 12 largest credit unions were 20% lower than those for bank-issued cards

The credit unions studied charged a high of 13.75% interest on cash advances, versus as much as 21.24% by banks.


13.75% APR for cash advances?! Sign me up. Search for your local credit union at CUNA

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This page contains a single entry by GT published on November 8, 2009 6:06 PM.

BBC Looks at the Changing Credit Card Industry was the previous entry in this blog.

Have Credit Card Defaults Peaked? is the next entry in this blog.

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