As refinancing slows, banks turn to credit cards for growth

  • Article by: Jennifer Bjorhus , Star Tribune
  • Updated: September 7, 2013 - 4:38 PM

Wells Fargo and U.S. Bank are looking to build on their customer base and increase revenue growth with a new line: credit.

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dsteinbe1977Sep. 8, 13 9:30 AM

You should talk about US Bank Corporate Payments Systems and the Government contracts they have. The Government pays the payroll, taxes, and other things for the bank.

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vortex100Sep. 8, 1310:37 AM

I get these credit card offers all the time and just laugh when I see the outrageous interest rates on them. I have a card with my credit union with a 8.99% fixed interest rate. Unless they can come close to competing with that these credit card forms go right into the shredder.

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thisislameSep. 10, 1312:46 PM

vortex100 - Not sure I understand your logic. If you pay it off in full each month the rate doesn't matter. It should be about the benefits, etc. If you can't pay it off in full, you shouldn't be using it. I just laugh when I see outrageous comments.

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