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Article: Five Largest Visa and MasterCard Issuers Had Mediocre Scores in Consumer Reports' Latest Credit Card Ratings
- Article from:
- U.S. Newswire
- Article date:
- August 30, 2007
CopyrightCopyright 2007 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: NATIONAL EDITORS
Contact: CONTACTS: C. Matt Fields, +1-914-378-2454,
cfields@consumer.org or Rachel Zuckerman, +1-914-378-2417,
rzuckerman@consumer.org, both of Consumers Union
Cards from credit unions among highest rated,
popular cards American Express and Discover score well
YONKERS, N.Y., Aug. 30 /PRNewswire-USNewswire/ --- The nations
five largest MasterCard and Visa issuers --- JPMorgan Chase, Bank of
America, Citibank, Capital One, and HSBC, which control about 80
percent of the market --- earned so-so scores in Consumer Reports
latest ratings of credit cards.
The survey, conducted by Consumer Reports National Research
Center, covered 36,298 readers experiences with 61,944 cards. ...