CreditCards.ca appear to be sold to US based company
Posted: February 17th, 2011 | Author: admin | Filed under: Domain News, Domain Sales | Tags: .ca domain names, .ca registrar, Bankrate Inc, canada credit, canadian credit cards, credit, credit card, credit cards, creditcards.ca, creditcards.com, US | 1 Comment »
Recently DomainNameWire reported that domain name CreditCards.ca was sold to Bankrate Inc., a US based company that acquired CreditCards.com together with NetQuote.com for $350 million in June 2010. The same company acquired domain name/website InsuranceQuotes.com in April, 2010.
CreditCards.com changed hands many times during the years. Domain name was sold for $2.5 million in 2005, and after that resold to Bankrate Inc. for $130 million only one year later.
CreditCards.ca provides valuable general information to Canadian residents, and rate comparisons from several credit card companies operation in Canada. After a quick glance at the rates, I could easily confirm what I knew before: Canadian credit card rates are very high in comparison to US rates.
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