Results also led to the conclusion that credit card interest rate were affordable compared to Sacco interest. Results also led to the conclusion that the penalties were very high. Study results show that the credit card joining fee was affordable compared to other products, the credit card joining fee was lower than that of competitors. Results led to the conclusion that the penalties were lower than those of competitors. It was concluded that the credit card interest rate was affordable compared to shylock interest rates. Results :Based on the findings, the study conclded that that credit card interest rate was competitive compared to other offerings in the market, the credit card interest rate is better than overdraft rates. The results were presented using tables and pie charts to give a clear picture of the research findings. Information was sorted, coded and input into the statistical package for social sciences (SPSS) for production of descriptive and inferential statistics. The study used a questionnaire as the preferred data collection tool. Fishers’ formula was used for calculating the sample size of an infinite population which amounted to 384 but for the purpose of improving the response rate, the study added 16 more respondents to total up to 400. Snow balling sampling technique was appropriate for this study because credit card customers were not keen on cooperating because of the sensitivity of information gathered and only cooperated on referral from friends. The population of the study was over 10,000 credit card holders in NIC Bank. Methodology : The descriptive survey research design was preferred for the study. Purpose : The purpose of the study was to establish the influence of cost of credit on consumer satisfaction, a case of the NIC bank limited. Cost of credit, consumer satisfaction, NIC bank limited Abstract
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