California First Bank will offer interest rates...

California First Bank will offer interest rates as low as 15.8% on Visa and MasterCard under a new tiered-rate program, with rates going up to the standard 19.8%. The number of deposit and loan accounts the customer has are used to determine the rate. Intermediate rates are 17.8% and 18.8%. The San Francisco-based bank also is dropping annual fees for heavy card users.