Want A Better Credit Card - Consider A Credit Union

from Forbes.com, 10/28/2009

Sick and tired of high credit card fees? A piece of credit union-issued plastic may be the answer. That's because credit unions offer cards on terms that are significantly better for consumers than those issued by big banks, according to a newly released study by the Pew Health Group says.

The study found that the median advertised interest rates for credit cards issued by the nation's 12 largest credit unions were 20% lower than those for bank-issued cards. All told, the study looked at 400 financial institutions and was conducted by an arm of the nonprofit and non-partisan Pew Charitable Trust.

To view the full article, click here.