Bank of America, Citigroup consider new credit cards with 10% rate, Bloomberg News reports
By:101 finance
Jan 22 (Reuters) - Bank of America and Citigroup are considering options to offer new credit cards with an interest rate cap of 10% to satisfy the Trump administration's demands, Bloomberg News reported on Thursday.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Alan Barona)
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