Shares of major US card issuers and banks, including American Express, have tumbled after President Donald Trump called for a cap on credit‑card interest rates at 10 per cent for a year.

Several Indian cardholders, who face interest rates up to 42% per annum on outstanding balances, have welcomed this proposal.

US President Donald Trump's call for a 10% credit card interest rate cap has drawn strong and divided reactions from across ...

Donald Trump has called for a one-year cap on credit card interest rates of 10% from January 20, saying that his ...

Donald Trump proposes a one-year 10 percent cap on credit card interest rates from January 2026, impacting major US banks and ...

Check out more of the year's best tech in our PC Gamer Hardware Awards 2025 coverage. I always love a new GPU year. When a whole new generation of graphics cards is going to drop, it energises the ...

WASHINGTON, Dec 19 (Reuters) - Visa and ‌Mastercard have agreed to pay ‌a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high ...