The #1 Rated Source for Credit Card Information
Editorial & Advertiser Disclosure

Philadelphia Fed

Federal Reserve Claims Debit Card Reform Benefited Small Banks

March 7, 2016 credit card fees , Federal Reserve , debit cards , Dodd-Frank , interchange fee , swipe fee , Durbin Amendment , bank fees , debit card fees , Dodd-Frank Wall Street Reform , debit card reform , Dodd-Frank bill , Philadelphia Fed , Philadelphia Federal Reserve Lynn Oldshue

According to a new report from the Philadelphia Federal Reserve, small banks have seen positive effects from the Dodd-Frank financial reform bill, despite previous concerns they would be hurt by the reform. The study indicates debit card swipe fees have decreased since the new regulations were put in place in 2011, but the fees at

READ MORE
Featured Low Interest Card
Capital One® VentureOne® Rewards Credit Card
  Apply Now
Capital One® VentureOne® Rewards Credit Card
Applying for this card will securely direct you to the issuer's website.
Editor Rating
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
Citi® Double Cash Card – 18 month BT offer
  Apply Now
Citi® Double Cash Card – 18 month BT offer
Applying for this card will securely direct you to the issuer's website.
Editor Rating
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
Discover it® Secured
  Apply Now
Discover it® Secured
Applying for this card will securely direct you to the issuer's website.
Editor Rating
Top Features : No Annual Fee; Cash Back match at the end of your first year; Social Security Alerts
Featured Fair Credit Card
Capital One® Platinum Credit Card
  Apply Now
Capital One® Platinum Credit Card
Applying for this card will securely direct you to the issuer's website.
Editor Rating
Top Features : No annual fee; access to higher credit line after making first 5 monthly payments on time
Featured Limited/No Credit
Capital One® Secured Mastercard®
  Apply Now
Capital One® Secured Mastercard®
Applying for this card will securely direct you to the issuer's website.
Editor Rating
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
Chase Freedom Unlimited®
  Apply Now
Chase Freedom Unlimited®
Applying for this card will securely direct you to the issuer's website.
Editor Rating
Top Features : No Annual Fee, Bonus Offer, Cash Back