Originally Posted by bearpaw
I heard about this too. They were also saying that if you pay your credit card bill in full every month, they were going to charge you. How does that make sense?!!
I think if you could buy something with the specific cards, go with them.
They are talking about taking away the purchase grace period so that interest would begin to accrue from the day you charged a purchase and not 20-30 days later. This would effect every card holder, but especially those who pay thier bills in full each month. Even if you pay in full each month, you would still have to pay interest.