Do You Like Design of Your Credit Card?

Do you like the design of your credit card? Have you ever thought to change it?
Well, I like my plastic, Blue from American Express, but it looks too plain. Nothing special. Of course, Gold and Platinum credit cards look more attractive but their attractiveness is due to the prestige they give a cardholder but not thanks to their design.
So, credit card companies considered the fact that many consumers pay attention not only to the features of a credit card but to its design too.
Capital One has introduced credit cards with an individual design. Now you can obtain a credit card that will have your picture, a picture of your boy/girlfriend, or your pet’s picture on the credit card. Sounds great, doesn’t it?
Personally I have already chosen a picture of me for my new credit card…

Credit Card Companies Increase Minimum Payments

The Federal Reserve cut the primary rates. The rise of minimum payments is the first result. Many credit card companies have increased their minimum payments.
Well, it is good news on one hand. This rise can push many debtors to pay off their debts as soon as possible. It is a well known fact, if you pay more than minimum payments every month you will pay off your debt on the credit card quicker and will save on interest charges.
But on the other hand, not all debtors can afford themselves to pay more than a minimum payment. So, there is a chance that this rise of minimum payments will only push them into bigger debt.
It seems, that the recent credit card crisis will cause more problems than we had expected.