Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

What Was Left Out of the Credit Card Holder's Bill of Rights?


Our unscientific poll.


A new bill aimed at protecting consumers from all of those pesky, hidden credit card fees is now likely to pass both houses of Congress. Dubbed the "Credit Card Holders' Bill of Rights," it introduces significant improvements, including the prohibiting of double-cycle billing.

However, as with all legislation, it's far from perfect. In the interest of political expediency, certain measures were overlooked. Until now. Minyanville presents those items left out of the Credit Card Holders' Bill of Rights.

What Was Left Out of the Credit Card Holder's Bill of Rights

Allowing cardholders to go by their nicknames -- like "Ducky" or "The Skeez" -- rather than their given names.

If a pet is accidentally issued a card, the owner is authorized to train the pet to use it.

Discover Card to be met with lukewarm reception by merchants rather than the usual horror.
Personalized ringtones that play when a transaction is approved.

Balances can be transferred to other cards… Owned by other people.
Personalized ringtones that play when a transaction is denied.

Even more mailers reminding cardholders they've enrolled in paperless billing.
Visa's holographic dove performs classic comedy sketches in Gilbert Gottfried's voice.
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos