Watch Bank of America, Citi Weighing New Credit Cards With 10% Rate - Bloomberg

Jan 22nd, 2026

Bank of America, Citi Weighing New Credit Cards With 10% Rate

Bank of America and Citigroup are exploring options they could offer up as an olive branch to satisfy President Donald Trump’s demand to cap credit card interest rates at 10% for one year. Katherine Doherty reports on Bloomberg Television.

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