Consumer Payment Card News

Good & Ugly Cards

A new report has determined that the best credit cards for low pricing are Capital One’s “Platinum Prestige,” American Express’ “Clear,” and Iberiabank’s “Visa Classic.” The worst include credit cards issued by First Premier Bank, the HSBC “American DreamCard” and the New Millennium Visa/MasterCard. The study by Consumer Reports also listed the best cash-back cardsas Capital One’s “No Hassle Cash Rewards,” the Chase “Freedom Visa,” and Discover’s “More.” Among the best gas cards were the Chase “PerfectCard MasterCard,” Discover’s “Open Road,” and the Hess “Platinum Visa.” CU says it examined hundreds of product offerings. The list of the 12 best and three worst credit cards is in the October issue of Consumer Reports. For more information visit: “http://www.consumerreports.org”:http://www.consumerreports.org

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