Bilt offers credit cards with 10% APR after Trump proposes interest cap
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Last updated: 2026-01-15 11:55:04 ET
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
Five days after Trump's demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on th...
Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap
The New York-based startup, which operates as a payment processor, said the new cards offer customers even more rewards for use at local restaurants, ...
Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
Citi CFO says a credit card cap would have a 'deleterious' impact on the economy
In June 2025, the Fed finally lifted a $1.95 trillion asset cap imposed in 2018 after the Wells Fargo fake accounts scandal, where employees opened mi...
You may have more power than you think to challenge your high interest rate, particularly if you have a strong credit score and payment history.
The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year...