This information, which will be updated on a quarterly basis, is at:

www.federalreserve.gov/creditcardagreements .

The new credit card law, which reduced and/or eliminated certain credit card practices, is certainly a positive for consumers. However, it's also created an impressive increase in the number of solicitations being sent to Americans. Most of these offers are landing in the mail boxes of those with good credit histories.

Before you sign up for a new card, either read the fine print in the material that arrives in the mail or read it on the Federal Reserve's site, as given above.

About Interest Rates

It's a good idea to have a general understanding of how rates vary by the type of card. This information, updated regularly at http://www.creditcards.com/ , is currently:

Annual Fees

Many cards still have annual fees, especially rewards cards. If you're an infrequent traveler, you may not earn enough airline miles to make the fee worthwhile. However, for business travelers, the math often comes out in favor of an airline awards card.

Cash-back rewards may or may not have annual fees. You can find out at: http://www.creditcards.com/ . If you use one card to pay for most of your purchases, especially big ticket items, then this type of card may work well.

Caution: If you're late making a payment, some rewards card issuers may withhold your rewards until you've made your payment and in addition charge a reinstatement fee.

Balance Transfer Fees

Another way issuers make money is to charge a balance transfer fee -- up to 5% on the amount you transfer.

Introductory Offers

Some cards are giving 0% interest rates for up to 18 months. But read the contract, it may be for only 6 months. (The new credit card reform bill does not allow issuers to offer introductory rates for less than 6 months.)

Cards For College-Age Students

Under the new law, those age 18 to 20 must have an independent source of income or a co-signer to open a new credit card account.