Despite signs that the U.S. economy is slowing, New York-based Citigroup Inc is betting big on credit cards. Citigroup, the third-largest U.S. card issuer, according to payments industry publication The Nilson Report, has been among the most aggressive promoters of zero-interest balance transfers. For a small fee, customers can move debt from a rival card onto Citi’s plastic and pay no interest for 21 months.

source https://finance.yahoo.com/news/1-focus-citigroup-doubles-down-144720292.html?.tsrc=rss