The Federal Reserve has decreased interest rates several times this year by as much as 2.25% since September, meaning the lenders are now paying less than ever to borrow money that they can re-loan to realize a profit. One of the largest lenders in the United States - credit card companies - have seemingly ignored the rate decreases as they have actually increased the cost to borrowers! Those who have experienced such rate increases may want to shop around for a new credit card that offers fairer terms to users that follow trends in the industry.

From The Motley Fool:
Our friends at the Fed recently lowered interest rates sharply -- and then did so again. My Foolish colleague Chuck Saletta doubts Fed Chairman Ben Bernanke's wisdom, while Matt Koppenheffer sees merits in his actions. And while you probably know that the rate cuts will affect those taking out or refinancing mortgages, you may not know that the credit cards in your wallet could be affected, too. Given a total drop of 1.25% in just the past few weeks, and 2.25% since September, you'd think that your trusty credit card-issuing bank would have lowered your credit card rates accordingly. In some cases, you'd be right -- but not in all.