Investing

Today's Best Market Rumors (4/13/2011) BP Trouble, China Bank Assets

Updated throughout the day.

Deutsche Bank will restructure in the US to avoid certain federal regulations (WSJ)

Schneider Electric made a $30 billion offer for Tyco (Reuters)

BP may sell its stake in BP-TNK to help it get rights to a deal with Russian government controlled OAO Rosneft.  (WSJ)

China’s banks will need to raise $131 billion in equity before 2016 (Bloomberg)

Douglas A. McIntyre

 

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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