The #1 Rated Source for Credit Card Information

Movers & Shakers Index

Chargeoffs Returning to Normal Levels

After several years of historic lows, credit card chargeoff rates are starting to return to normal levels, according to Fitch Ratings latest quarterly Movers & Shakers index. Credit card chargeoffs occur when a bank has written off a debt as uncollectable because the customer has not made the minimum payment for 180 days. Chargeoff rates

Featured Low Interest Card
Top Features : 1.25X miles on every purchase; no annual fee; bonus of 20,000 miles once $1,000 is spent in first 3 months
Featured No Annual Fee Card
Top Features : Earn cash back twice. 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Featured Bad Credit Card
Top Features : No Annual Fee; Cash Back match at the end of your first year; Social Security Alerts
Featured Fair Credit Card
Top Features : No annual fee; access to higher credit line after making first 5 monthly payments on time
Featured Limited/No Credit
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Featured Cash Back Card
Top Features : No Annual Fee, Bonus Offer, Cash Back