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Released: August 30, 2011
Survey ranks Capital One and BofA tops in credit card disclosures
Source: E. Scott Reckard, L.A.Times (Free Registration)
Capital One Financial Corp. and Bank of America Corp. have the most user-friendly online disclosures about credit-card terms, according to a survey by Card Hub, a card-comparison website. Card Hub's second annual survey of the 10 biggest credit-card issuers ranked Discover Financial Services and Citigroup Inc. at the bottom of the list. Discover and Citi didn't immediately respond to requests for comment. Card Hub, which is run by former Capital One executive Odysseas Papadimitriou, said it visited the websites of the card issuers and evaluated how easy it was to find key information about the cards without delving into the fine print. It said:Read Full Article: Survey ranks Capital One and BofA tops in credit card disclosures
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