by Jeff Sovern
The Credit CARD Act required the Fed to post online copies of credit card contracts. The Fed has now posted more than 1200 such contracts from 276 issuers (including large issuers like Chase, Citibank, and Capitol One) in a searchable database here. It may be of considerable value to academic researchers; I hope that consumer groups go through the contracts and comment on which offer the best terms. It will be interesting to see if such an effort leads to competition on credit card terms.