From AP via the Lansing State Journal
It's been nearly six months since a sweeping law changed how credit card companies are able to hike interest rates, charge over-the-limit fees and apply payments. Because the tighter regulations cut into several profit centers, banks were widely expected to replace lost revenue by bringing back annual fees, cutting expensive reward programs and doing away with limited time, ultra-low rates for new customers.
But data suggest none of those things has happened.
The article does admit that it is still early. Nevertheless, it's a bit of good news for those worried about the negative impact of new regulation on credit cards cash-back deals and reward checking accounts.