Right now, your credit or debit card is just a dumb piece of plastic that only serves the purpose of keeping that magnetic strip on the back in a straight line so readers can read it. But in the near future, your credit card will have buttons and a screen so you can check your balance as well as adding a second layer of security for transactions.
The government cut hidden credit card fees, so the credit card companies just jacked interest rates through the roof. Hooray!
Last year’s CARD Act has done what it was supposed to do in terms of reducing the number of hidden fees and promoting disclosure on your credit cards, but what it didn’t do was control interest rates. And so now while your credit card has far fewer fees than it used to, the credit card companies are all like “Yeah, so what? We’ll just jack everyone’s interest rates through the roof. That giant solid gold pyramid isn’t gonna complete itself.”
Capital One will offer you different credit card interest rates based on which browser you use for the application
If you’re looking to apply for a credit card, you should know that all credit card companies are pure fucking evil, and Capital One is the worst. Some intrepid person at The Consumerist accidentally discovered that depending on which browser you use to fill out a credit card application with them will be a determining factor in your interest rate. Why? Because credit card companies do stupid shit like that because they can.