Bank rates such as CD rates and savings rates often move very slowly to the upside when the general level of interest rates start rising.  On the opposite side of the banks interest rate management, it is not unusual for your credit card interest rate to jump to 25 or 30 percent when rates rise or if you make a late payment.  If you have trouble keeping track of your credit card rate and due dates, consider setting up an automatic payment from your checking account each month to manage the payments and consider a balance transfer or consolidation loan to reduce exposure to the cost of rising rates.

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