Credit Card Banks Really Are Out to Get You

This is not a myth or a legend. Their objective is to make as much money off you as they possibly can legally. It isn’t your imagination and you aren’t being cynical. They are out to get you and it’s getting worse by the day. In 1978 there were fifty credit card issuing companies that accounted for 50% of the credit card market. Today there are only four companies that control 65% of the same market. Those four are American Express, Bank of America, Citigroup, and JP Morgan Chase. MBNA was the