Reported about 1 month ago
When a credit card is transferred to a new issuer, the transition generally involves receiving a new card with a new number. While existing interest rates on balances cannot be raised, new purchases may have different rates imposed after a 45-day notice. Additionally, changes in minimum payments, fees, and reward structures may occur. Acceptance of the new card can also vary, especially with issuers like American Express or Discover compared to Visa and Mastercard. Expert tips for a smooth transition are provided.
Source: YAHOO