Word: optima
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Dates: during 1980-1989
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...American Express Optima card will undoubtedly add to the intense pressure being put on banks and department stores to reduce their interest rates. Across the U.S., public officials and consumer groups are angry that credit-card charges have stayed high in recent years while other lending rates have sharply dropped. Two bills have been introduced in Congress that would establish national ceilings for credit-card interest. Six states -- Arkansas, Connecticut, Rhode Island, Texas, Washington and Wisconsin -- already limit that interest...