Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
PYMNTS
JUNE 21, 2019
percent of credit card debt held by banks. Credit union-backed cards offer several advantages, despite their comparatively miniscule market footprints. A CUNA study found that those from CUs typically offer lower interest rates than banks’ products, with the average for a credit union card coming in at 11.6
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