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International Business Times

Bilt Launches Cards With Rewards and 10% Intro APR in Response to Trump's Call

Bilt Ankur Jain Donald Trump JPMorgan

Financial technology startup Bilt unveiled three new credit cards on Wednesday, offering a 10% APR for the first 12 months in response to President Donald Trump's recent call for a cap on credit card interest rates.

The offer applies to all new purchases and positions Bilt as the first issuer to implement such a measure, even amid concerns from major banks about the potential impact on lending and rewards programs.

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