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	<title>Comments on: Citi Bank Eliminates Fees</title>
	<link>http://www.asapcreditcard.com/blog/site-news/citi-univeral-default-fees</link>
	<description>Credit Card Industry News, Information, Tips &#038; Advice</description>
	<pubDate>Sun, 07 Sep 2008 14:39:47 +0000</pubDate>
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		<title>By: ASAP Credit Card &#187; Blog Archive &#187; Credit Card Companies Respond to Congress</title>
		<link>http://www.asapcreditcard.com/blog/site-news/citi-univeral-default-fees#comment-5</link>
		<author>ASAP Credit Card &#187; Blog Archive &#187; Credit Card Companies Respond to Congress</author>
		<pubDate>Wed, 09 May 2007 18:47:31 +0000</pubDate>
		<guid>http://www.asapcreditcard.com/blog/site-news/citi-univeral-default-fees#comment-5</guid>
					<description>[...] and their questionable practices is starting to pay off. As discussed in our recent post, &#8220;Citi Bank Eliminates Fees,&#8221; Citi Financial Services announced that they would be making some dramatic changes to their [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] and their questionable practices is starting to pay off. As discussed in our recent post, &#8220;Citi Bank Eliminates Fees,&#8221; Citi Financial Services announced that they would be making some dramatic changes to their [&#8230;]</p>
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		<title>By: ASAP Credit Card &#187; Blog Archive &#187; Chase Ending Universal Default Penalty</title>
		<link>http://www.asapcreditcard.com/blog/site-news/citi-univeral-default-fees#comment-44</link>
		<author>ASAP Credit Card &#187; Blog Archive &#187; Chase Ending Universal Default Penalty</author>
		<pubDate>Mon, 03 Dec 2007 17:22:06 +0000</pubDate>
		<guid>http://www.asapcreditcard.com/blog/site-news/citi-univeral-default-fees#comment-44</guid>
					<description>[...] Chase Card Services CEO Gordon Smith announced the new plan which is designed to build lasting, loyal relationships between Chase and their customers. With the new program, interest rates will only go up if a payment is made late on the account or the account goes over the available limit. The move follows Citigroup who led the way for change in March by ending their practice of universal default and rate increase for any reason. [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Chase Card Services CEO Gordon Smith announced the new plan which is designed to build lasting, loyal relationships between Chase and their customers. With the new program, interest rates will only go up if a payment is made late on the account or the account goes over the available limit. The move follows Citigroup who led the way for change in March by ending their practice of universal default and rate increase for any reason. [&#8230;]</p>
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