How does the star rating system work?
- Rates cannot exceed 18% APR.
- No balance transfer fees. If you wish to transfer a balance to a fair and ethical credit card, there should be no fee to facilitate this.
- No penalty rate. If you are late with a credit card payment, there should be no additional rate increase
- Late fees at or less than $25.00. Late fees should be explicitly stated, with terms that dictate how long the grace period is for a fee to be assessed.
- No annual fee. As consumers, we should not have to pay an annual fee simply for carrying a credit card.