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Since the latest rate cut by the Feds, credit card solicitations featuring extended 0% introductory APRs have been flooding mailboxes. Citibank and Providian have extended their 0% offers in early 2004 while Discover has extended its 0% APR for balance transfers and cash advances until the end of 2003. However, Citibank’s 0% rate only applies to balance transfers. Providian’s 0% APR is limited to purchases, but requires a $100 minimum balance transfer to trigger the 0% rate. Providian is currently charging an 11.99% rate for balance transfers, based on November offers picked up by CardWatch’s market radar. MBNA continues to offer a 0% rate on cash advances and balance transfers, but both are subject to a 3% transaction fee. Capital One is maintaining a 0% APR on purchases for a six-month term for most of its direct mail offers this month. For complete details on November credit card solicitations as well as direct mail offers since 1986, visit CardWatch (www.cardwatch.com).

                      NOVEMBER  CARD  DEALS   ISSUER
                  CARD           INTRO    APPLIES       EXP       GO-TO
 Discover        Platinum         0%       P/B        12/03      13.99%
Providian       Platinum         0%*       P          1/04      11.99%
Citibank        AT&T Platinum    0%        B          2/04       9.74%
Citibank        Platinum         0%        B          3/04      10.74%
Capital One     Platinum         0%        P          5/03      14.90%
MBNA            Platinum         0%       B/C**       7/03       9.90%*

Providian requires a $100 minimum balance transfer at an 11.9% APR to trigger intro rate on purchases* MBNA charges 3% transaction fee for all balance transfers and cash advances Source: CardWatch (www.cardwatch.com).

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