Does the AFSCME Credit Card Still Offer an Advantage?
It helps members who use credit cards save money and get comparable rates, better terms and unique union-member-only benefits. But changes to the program, and to the credit card industry, have some cardholders wondering if the AFSCME Advantage card still offers benefits. The hard work of union, consumer, community and civil rights groups led to last year’s passage of the Credit Card Account-ability, Responsibility and Disclosure (CARD) Act. When the law takes effect this February, terms will be more transparent, and many fees and arbitrary rate hikes will be eliminated. Several changes created by the new law were already in place for AFSCME members. The AFSCME card doesn’t allow unfair practices like double-cycle billing or price hikes when a payment arrives a day late. These practices will be prohibited through the Credit CARD Act, giving all consumers the same protections AFSCME Advantage cardholders have had for years. All major credit card issuers have responded to the new law by r
