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Show HN: CardBase – the most comprehensive credit card database in the US
- jonrx 12y agoMy first surprise is on the APR. In Canada, most cards have an interest rate of 19,9%[1], if you're not counting the store ones (27,99%+). Even looking at the "poor credit" section, there is a variety of APR available. Competition at work... [1] With the exception of reduced interest credit card. My credit union offers one with 9,9% APR and is claiming that's the "lowest interest rate for a credit card in the Country".
- derstang 12y agoCanada suffers from not enough banking competition, for sure. The broad breadth of banks in the US issuing credit cards (more than 450!) make a huge difference