New Credit Card legislation driving a flurry of changes to card offers?

by on June 5, 2009

Our Nerd Factory diligently tracks changes to credit card offers. Come back for updates!

Here are some recent updates we’ve made regarding changes in Credit Card Offers:

  1. Discover Escape changed it’s promo from 1,000 bonus points per month for 12 months, to 1,000 points for 25 mo
  2. US Bank has raised APR on Bed Bath & Beyond from P+8.99% to P+10.99%, and Default APR from P+20.99% to P+23.99%
  3. US Bank has raised APR on Gymboree Visa from P+9.99% to P+11.99%
  4. US Bank has raised APR on Harley Davidson Visa from P+8.40% to P+9.99%
  5. US Bank has raised APR on Secured Visa from 14.99% to 16.99%
  6. US Bank has raised APRs on its 4 SkyPass cards from P+9.99% to P+12.99%
  7. US Bank has raised APR on Sierra Trading Post Visa from P+(5.99%-14.99%) to P+(7.99%-16.99%), and Cash Advance APR from P+14.99% to P+17.99%
  8. US Bank Consumer cards with APR range increase from P+(5.99%-14.99%) to P+(7.99%-16.99%): College Rewards, Young Adult, Cache
  9. US Bank Consumer cards with APR range increase from P+(3.99%-16.99%) to P+(5.99%-18.99%):
    Cash Rewards, Select Rewards, Signature, Platinum, Travel Rewards
  10. US Bank Business cards with APR range increase from P+(3.99%-9.99%) to P+(5.99%-11.99%): Cash Rewards Business, Select Rewards Business, Travel Rewards Business, Business Platinum
  11. US Bank has raised APR’s on 21 of their 26 credit cards, in the range of 2-3%
  12. Discover has raised default APR on Motiva from P+27.99% to P+28.99%
  13. Citi raised APR on Dividend Platinum for Students, MtvU Platinum for Students, and Bronze AAdvantage for Students from P+9.99% to P+12.99%
  14. Citi has raised their APR on Platinum Select for College Students from Prime+8.99% to Prime+11.99%
  15. Citi has raised the APR range on their PremierPass card from Prime + 6.24% and 14.24% to Prime + 8.74% and 15.74%
  16. Chase has raised the APR range on their TJX Rewards card from Prime+5.99% and Prime+14.99% to Prime+8.99% and Prime+15.99%
  17. Citi is no longer offering the Driver’s Edge Options Platinum
  18. Chase is no longer offering the Borders 3.2.1 Visa
  19. Bank of America is no longer offering Jeep, Chrysler, and Dodge cards
  20. Bank of America is no longer offering the Royal Carribean card
  21. Bank of America has added Hawaiian Air Platinum. Best FF we’ve seen is Citi PremierPass Elite, with usual perks + 1 bonus pt per mile flown
  22. American Express Preferred Rewards Gold Card plans to change it’s annual free from $150 to $125 on May 26th
  23. American Express has lowered their Blue Cash rewards. Prev 0.5% up to $6,500 then 1.5% after. Now 0.5% up to $6,500 and 1.25% after

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