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American Express credit cards changes


American Express has announced that the credit card APY for One from American Express(R) has been lowered from 5.00% to 4.50%.

The Federal Reserve decreased interest rates by 25 basis points, making the Prime Rate 7.50% (based on The Wall Street Journal 11/1/07 issue). The new Prime Rate has now been implemented on the American Express credit cards offers.

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Posted by Admin on December 4th, 2007 Posted in Easy credit cards Tagged as: ,,

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