BOSTON ( TheStreet) -- American Express (AXP - Get Report), Capital One Financial (COF - Get Report) and Citigroup (C - Get Report) raised the interest rates of some popular credit cards before the Credit Card Accountability, Responsibility and Disclosure (CARD) Act took effect on Feb. 22.The CARD Act forbids issuers from raising interest rates less than a year after an account is opened and forces them to apply payments to balances with the highest rates first. Issuers must also give 45 day's notice before changing rates.
American Express, Capital One Lift Card Rates
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