Credit cards have entered a new stage of competition that is very rewarding to consumers.

Credit Card RatesCredit card companies are refusing to move the needle on credit card interest rates. This week, a credit card survey revealed that the average credit card available on American shores carried a 15% interest rate, no change from previous surveys.

JPMorgan Chase is the first American bank to use MyStandards

A member-owned cooperative through which financial institutions exchange messages has added the nation's biggest bank to a new system for managing standards that govern transactions.

Standard perks in Credit cards

You can see why Citi would focus its marketing on the telegenic experiences that its Private Pass service offers. But, in common with most big-name credit card companies, it offers other perks that are probably much more valuable to most of its customers.

Reserve Bank of Australia has decided to decrease the nation’s interest rate

The Reserve Bank of Australia has decided to decrease the nation’s interest rate by 25 basis points, cutting it to 3.25%.

Credit Card Settlement replacing PayPal's

A provision within the hotly contested settlement between merchants and credit card networks could potentially slow PayPal's bid to become more widely accepted at grocery stores, restaurants and other retailers.