Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

cnbc.com/2025/05/07/credit-card-aprs-banks-keep-high-rates-inspired-by-now-dead-cfpb-rule.html

Last year, banks quickly raised interest rates to record levels and added new monthly fees on credit cards when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry.
Now, they're far more reluctant to reverse those steps, even after bank trade…

This story appeared on cnbc.com, 2025-05-07 11:00:02.
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