CC Aprs Feb

U.S. bank credit card rates edged down slightly in February, 15 basis points (bps) from the prior month of 13.68%, however the stage is set for substantial rate hikes this year due to anticipated rate hikes by the FOMC in the second half. RAM Research forecasts U.S. bank credit card rates for accounts assessed interest will hit 13.77% at mid-year, then climb to 14.24% by end-of-year (EOY) 2015.


Discover’s (DFS) financial performance will face downward pressure from a number of factors including increased competition, normalizing credit performance and heightened legal and compliance expenses this year. However, operating performance for DFS’ credit card Asset-Backed Securities (ABS) is likely to remain strong in 2015, despite a decline in net income last year.

NuTEQ Solutions’s CardData database of Company Profiles features software solutions provider to the broadband, telecom, and utility service provider NuTEQ Solutions.

NuTEQ enables carriers to bring their customer service initiatives into the mobile era. We help you by implementing state-of-the-art mobile phone solutions that use SMS, mobile apps to deflect calls around common account questions.

NuTEQ provides not only mobile technology implementation, but also the marketing know-how and optimization expertise to ensure long-term benefits to your business.