Payment Card News

Flexible Cards

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A new card has hit the marketplace that gives you a better rate based on how much you pay each month. TD Banknorth, which serves consumers in the New England and Mid-Atlantic region, has introduced the “Simply Flexible” credit card, offering a 7.99% APR if a payment at least equal to the minimum monthly payment that is also at least 10% of the new balance for the prior billing period is paid on time; 13.99% APR if a payment at least equal to the minimum monthly payment that is also at least 5% (but not more than 9.99%) of the new balance for the prior billing period is paid on time; 18.99% APR if the minimum monthly payment for the prior billing period is paid on time. All of the new credit cards offered by TD Banknorth feature zero percent APR for up to six months on eligible purchases and balance transfers. For more information visit: “http://www.TDBanknorth.com/creditcard”:http://www.TDBanknorth.com/creditcard

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