Credit Card News

• Citi iPad app will aid in account management
  Category: Citibank Credit Card News
  February 3, 2012
  Citi, one of the nation's biggest credit card lenders, recently overhauled its iPad application to make it easier for borrowers to understand more aspects of their accounts.more


• Credit card lenders increasingly turning to social media
  Category: Credit Card News
  February 3, 2012
  Consumers who have credit cards issued by some of the nation's largest lenders have in recent months likely heard about new promotions offered through their favorite social networks.more


• T-Mobile announces deal to sell Square card readers
  Category: Credit Card News
  February 1, 2012
  Beginning this week, one of the nation's largest providers of cellular phone service will begin selling a device that allows users to accept credit card payments using their internet-enabled mobile devices.more


• IRS issues clarification on credit card rewards benefits
  Category: Credit Card News
  January 31, 2012
  Last week, Citibank began sending some of its borrowers IRS forms for their rewards credit card accounts. Fortunately, the IRS has come forward to clarify when consumers have to pay taxes on their credit card rewards points.more


• Credit card agreements growing easier to understand
  Category: Credit Card News
  January 27, 2012
  Consumers who are thinking about obtaining new credit cards in the near future may be able to do so with a simpler lending agreement that more clearly spells out the terms of their new account.more


• Consumers prefer cash to credit when making small purchases
  Category: Credit Card News
  January 25, 2012
  While consumers are using their credit cards more often these days as the economy continues to improve, cash is still being used more often when it comes to making smaller, everyday purchases.more


• Issuers' websites getting better for consumers
  Category: Credit Card News
  January 20, 2012
  When it comes to comparing credit card offers, many consumers may find all the information they have to consider to be a bit daunting. But some of the nation's top lenders recently received high marks for making their sites easier to understand.more


• After years of drops, credit card debt expected to grow
  Category: Credit Card News
  January 19, 2012
  The amount of money owed on credit cards nationwide is expected to tick upwards in the coming year as consumers return to spending habits seen prior to the onset of the recent recession.more


• Some smartphones now able to use Visa's digital wallet app
  Category: Visa Credit Card News
  January 18, 2012
  Now, consumers who have certain types of smartphones and credit cards issued by Visa will be able to use those two products in conjunction to make mobile credit card purchases thanks to the payment processor's release of a new application.more


• Visa issues new security guidelines for credit card transactions
  Category: Credit Card News
  January 17, 2012
  New security guidelines for merchants and card issuers released by the world's top card payment processing network are being viewed by many as a precursor to a new, more secure type of payment technology becoming common in the U.S.more


• Number of consumers using credit card insurance on the rise
  Category: Credit Card News
  January 17, 2012
  Consumers worried about the chance that they may fall behind on their credit card payments are now turning to protections offered to them by lenders in increasing numbers.more


• Better credit card offers for bank customers who link accounts
  Category: Credit Card News
  January 14, 2012
  Many consumers may have noticed that their banking fees have increased somewhat in recent months, but now many financial institutions large and small are redoubling efforts to incentivize Americans to maintain a number of accounts with them.more


• Consumers now starting to open store debit accounts instead of credit
  Category: Prepaid/Debit Card News
  January 14, 2012
  Because consumers are sometimes reluctant to open new credit card accounts these days, some major retail chains are now offering them an alternative when it comes to store-branded cards.more


• Visual credit cards may help fight fraud
  Category: Credit Card News
  January 13, 2012
  A new payment method that was recently introduced at a card technology trade show may help consumers to get a better handle on their spending and increase account security.more


• New credit card designed to cut likelihood of fraud
  Category: Credit Card News
  January 12, 2012
  For most consumers, having a credit card lost or stolen is a financial nightmare that causes considerable fallout, but a new product being shown off by a credit card technology firm might help to mitigate the risk of fraud.more


• Companies continue to charge fees for credit card use
  Category: Credit Card News
  January 12, 2012
  Earlier this week, Verizon backed out of a plan that would have seen it create a fee for consumers who used their credit cards to make one-time payments for their cell phone bills, and the wireless provider is hardly alone in testing this type of charge. more


• Consumers continue borrowing on credit cards
  Category: Credit Card News
  January 10, 2012
  Consumers are using their cards more often these days and being encouraged to do so by more generous offers from lenders, leading to higher profits for many of the nation's top lenders and payment processors.more


• Visa to focus on digital wallet program expansion in 2012
  Category: Visa Credit Card News
  January 9, 2012
  The world's largest processor of debit and credit card payments will focus on expanding the ubiquity of its new digital wallet initiatives in the new year.more


• More businesses accepting mobile phone credit card payments
  Category: Credit Card News
  January 8, 2012
  As more consumers purchase smartphones for the first time, many may be more willing to use those devices to make mobile payments using swipe-free sensors. more


• Consumers generally happier with credit card issuers
  Category: Credit Card News
  January 8, 2012
  Consumers have once again returned to regularly using their credit cards while simultaneously feeling better about how their lenders are treating them.more


• Better consumer habits may lead lenders to issue more credit cards
  Category: Credit Card News
  January 7, 2012
  Americans have been cutting the rate at which they default on outstanding credit card debt, and they are simultaneously borrowing more as the economy improves. These two factors may prompt card issuers to continue expanding their lending efforts in 2012. more


• Credit card lenders step up marketing to subprime borrowers
  Category: Credit Card News
  January 7, 2012
  The nation's top credit card lenders have been expanding their efforts to reach consumers who may have been prevented from borrowing during or immediately following the recent recession, and that trend continued as 2011 wound to a close.more


• Experts predict slower consumer spending growth in 2012
  Category: Credit Card News
  January 6, 2012
  Because millions of Americans are still experiencing financial difficulties today, experts are looking to trends in consumer credit card use, as well as other factors, and forecasting slower spending growth in 2012.more


• Company launches pay at the table processing service
  Category: Credit Card News
  January 5, 2012
  Soon, consumers who want to use their credit cards to finalize payments at restaurants will be able to do so without turning their card over to a server.more


• Shoppers spend more but carry less debt into 2012
  Category: Credit Card News
  January 5, 2012
  While many Americans exhibited an increased interest in using credit cards to make purchases during the holiday season, a recent survey found that most did not plan on carrying any debt into the new year.more


• Previewing credit card trends for 2012
  Category: Airline Rewards Credit Card News
  January 4, 2012
  Experts predict significant change in the credit card industry as the economy continues to improve in 2012. more


• Citi rewards come to Facebook profiles
  Category: Citibank Credit Card News
  January 4, 2012
  As part of its attempts to expand the way consumers use its rewards accounts, one of the nation's top lenders recently launched a new app on the world's biggest social network.more


• Verizon will nix credit card payment charge
  Category: Credit Card News
  January 3, 2012
  Last week, one of the nation's foremost cellular phone service providers said it would launch a new fee for one-time bill payments made by credit card, but has now backed off from those plans after significant customer backlash.more


• Square reaching new levels of acceptance
  Category: Credit Card News
  December 24, 2011
  In recent months, a company that allows merchants to turn nearly any mobile device into a wireless credit card reader has grown in popularity, and recently reached a significant milestone.more


• American Express launches card for its new payment service
  Category: American Express Credit Card News
  December 23, 2011
  One of the nation's largest credit card lenders is trying to shed its reputation as a financial institution that simply caters to affluent consumers and is now launching a prepaid card associated with an online payment platform to compete with PayPal.more


• Advocates urge credit card use for safer transactions
  Category: Credit Card News
  December 22, 2011
  While numerous cellphone service providers are now granting customers a more technologically advanced way to make their purchases, a recent study found that this may not grant shoppers the kind of consumer protections that traditional credit cards do.more


• U.S. Bank purchases Bank of America credit card portfolio
  Category: Credit Card News
  December 22, 2011
  U.S. Bank is taking over credit card business Bank of America wants to cut.more


• New credit card issuance grew in 2011
  Category: Credit Card News
  December 18, 2011
  The number of new credit cards granted to consumers during the first eight months of 2011 was significantly larger than during the same period in 2010. more


• Consumer advocates want greater disclosure of rewards point details
  Category: General Rewards Credit Card News
  December 16, 2011
  Millions of consumers now have rewards credit cards that grant them benefits for every dollar they spend, but experts are starting to wonder whether earning disclosures allow borrowers to rack up as many points as possible.more


• Citi's retail credit card business expanding
  Category: Citibank Credit Card News
  December 15, 2011
  One of the nation's top lenders, which was considering winding down its retail credit card business, is instead renewing efforts to expand that arm of its company. This includes increasing the partnerships with retailers and offerings to consumers.more


• Americans consider mobile payments safer than credit cards
  Category: Credit Card News
  December 14, 2011
  Millions of Americans use credit and debit cards to make purchases every day, but a growing number say they are eager to adopt mobile payments as their preferred method.more


• New credit scoring system may be a boon to consumers
  Category: Credit Score News
  December 12, 2011
  Millions of Americans are aware that they have not one but three credit scores associated with their names, and all are used to determine eligibility for all kinds of lines of credit. But now, a new score may be added to the mix for many.more


• Consumer credit hits high in October
  Category: Credit Card News
  December 9, 2011
  Consumers continued to ramp up borrowing related to both credit cards and other types of loans in October.more


• Lower credit scores blamed for slow housing recovery
  Category: Credit Score News
  December 9, 2011
  The recent troubles with the housing market have resulted in lower credit scores for many Americans, which is further impeding a recovery.more


• Credit card use continues going up
  Category: Credit Card News
  December 8, 2011
  As the effects of the recent national recession continue to recede, a large number of economic indicators show that consumers are both more comfortable and more eager to begin using their credit cards with greater regularity.more


• Balance Transfer Day encourages consumers to find new cards
  Category: Credit Card News
  December 6, 2011
  Later this month, there will be a movement on the part of consumers to switch to new credit card accounts in an effort to take advantage of the generous balance transfer deals now being offered by major lenders.more


• More lenders issuing secure credit cards
  Category: Credit Card News
  December 5, 2011
  In recent months, more Americans have voiced their concerns about the ability they have to make credit card purchases when traveling overseas, and now a growing number of card issuers are responding to their concerns.more


• New credit scoring system may be on the way
  Category: Credit Score News
  December 5, 2011
  Many consumers in recent years have seen their credit scores take a hit as a result of missed credit card payments or other financial missteps through no fault of their own. But now some bureaus are trying to make it easier to maintain a strong rating.more


• Students using their credit cards less often
  Category: Student Credit Card News
  December 2, 2011
  New federal laws designed to help prevent students from obtaining credit cards if they couldn't afford them seem to be working as planned, as use of these accounts has declined significantly in the past few years.more


• Card use rose sharply for Black Friday
  Category: Credit Card News
  December 1, 2011
  The number of purchases made with debit and credit accounts for Black Friday promotions increased significantly as consumers continued the trend of returning to card use seen in recent months.more


• More will increase credit card spending during holidays
  Category: Credit Card News
  November 30, 2011
  Because many consumers across the country will likely be buying a large number of gifts this holiday season, many will once again turn to their credit cards to complete the purchases.more


• Consumers with good credit will see more rewards
  Category: General Rewards Credit Card News
  November 29, 2011
  Consumers who have the best credit ratings will also likely begin receiving more generous rewards credit card offers in the near future as lenders ratchet up competition for top-notch borrowers.more


• Third quarter sees decline in consumer debt
  Category: Credit Card News
  November 29, 2011
  The amount of money owed by consumers on their credit card accounts declined once again in the third quarter of the year, but at the same time, more Americans are now looking to re-enter the credit card system.more


• Consumers may benefit from banks changing fee policies
  Category: Credit Card News
  November 27, 2011
  Several major banks have reversed plans to introduce monthly fees for consumers who use debit card accounts, but some experts wonder whether the change will benefit customers in the long run.more


• Delinquency expected to rise on more card use
  Category: Credit Card News
  November 26, 2011
  After months of shying away from the practice, consumers have once again returned to using credit cards to make everyday purchases, but some experts say it may lead to a spike in delinquency.more


• Chase adds another chip and pin card to its offerings
  Category: Credit Card News
  November 25, 2011
  JPMorgan Chase continues to be the bank farthest out in front of the new push to offer chip and pin credit cards to consumers, adding another such account to its offerings.more


• Consumers continued turning to credit cards more often in October
  Category: Credit Card News
  November 23, 2011
  Consumers used both debit and credit cards more often in October than they did during the same time last year. In addition, the value of those purchases increased significantly.more


• Holiday shopping season means more cash back rewards
  Category: Credit Card News
  November 23, 2011
  During the holiday season, consumers tend to increase the amount they use and spend on their credit cards considerably, leading many of the nation's top lenders to increase the value of the rewards programs they offer to more affluent borrowers.more


• NFC may come on the next iPhone
  Category: Credit Card News
  November 22, 2011
  While Apple disappointed many consumers by not adding near-field communications capabilities to its latest iPhone version, overseas device manufacturers now say the next-gen phones could come out as soon as next year.more


• Bank of America to begin offering chip and pin cards
  Category: Credit Card News
  November 21, 2011
  In an effort to ease the difficulties some borrowers may have when completing transactions overseas, one of the nation's largest financial institutions will begin offering new credit cards to certain customers.more


• Charge offs stopped falling in October
  Category: Credit Card News
  November 19, 2011
  The rate at which lenders were forced to write off seriously delinquent credit card debts as being uncollectable during the month of October was more or less unchanged from September's totals.more


• More consumers adopting mobile payment options
  Category: Credit Card News
  November 18, 2011
  As more consumers continue to get smartphones for the first time, a greater number are also gaining access to and taking advantage of mobile payment options made possible through various applications.more


• Credit card account use likely to rise with mobile purchases
  Category: Credit Card News
  November 18, 2011
  It is a generally accepted fact that consumers will spend more when using their credit cards instead of cash, but new research suggests that the impending adoption of mobile payment systems may lead to even more.more


• Credit cards helpful to small businesses
  Category: Credit Card News
  November 18, 2011
  In recent months, most of the nation's top credit card lenders have begun expanding their efforts to market credit cards specifically designed to help small businesses.more


• Credit card fees have fallen this year
  Category: Credit Card News
  November 17, 2011
  In addition to the added protections afforded to consumers from heavier federal regulation of the lending industry, many lenders are also cutting some fees voluntarily.more


• Consumers continue to use Target-issued credit cards
  Category: Credit Card News
  November 16, 2011
  Target Corp., the country's second-largest discount retailer, recently announced that it posted larger-than-expected profits in the third quarter, largely as a result of consumers continuing to use its store-branded credit cards.more


• Third-quarter credit card delinquencies rise slightly
  Category: Credit Card News
  November 16, 2011
  The rate at which consumers fell seriously behind on making their monthly credit card payments ticked upwards in the third quarter of the year, reversing a trend of declines that has lasted for nearly two years.more


• Lenders step up marketing to subprime borrowers
  Category: Credit Card News
  November 15, 2011
  The number of consumers with subpar credit ratings who have recently received offers for new credit card accounts is on the rise.more


• Excellent credit yields greater rewards programs
  Category: General Rewards Credit Card News
  November 14, 2011
  Consumers who have strong credit ratings have likely found a greater number of offers for extra-generous rewards credit card accounts coming to them in recent weeks, and experts say that's no coincidence.more


• Holidays prompt lenders to boost rewards
  Category: General Rewards Credit Card News
  November 12, 2011
  During the holiday season, consumers tend to increase the amount of money they spend on their credit cards. In response, most of the nation's top lenders are now increasing the value of their initial rewards offers.more


• Capital One deal called into question
  Category: Capital One Credit Card News
  November 11, 2011
  A deal by one of the nation's largest credit card lenders to acquire the portfolio of one of its competitors is now being questioned by a number of community groups.more


• Credit card defaults fall to five-year low
  Category: Credit Card News
  November 10, 2011
  The number of charged off credit card accounts suffered by the nation's seven largest lenders at the end of the third quarter of the year slipped once again to another low.more


• Where will banks turn after debit fee backlash?
  Category: Credit Card News
  November 9, 2011
  In recent weeks, banks tried unsuccessfully to begin charging fees for debit card use, and the resulting consumer backlash left them scrambling to find alternate ways to drum up revenues.more


• Store credit cards being marketed toward younger borrowers
  Category: Credit Card News
  November 8, 2011
  In an effort to try to expand their customer base, many of the U.S.'s major retailers are now marketing their store-brand credit cards to younger shoppers.more


• Consumers increase debt, cut card use
  Category: Credit Card News
  November 8, 2011
  Consumers continued to reduce the amount they borrow on their credit cards, but have simultaneously increased the amount they owe on installment loans.more


• Credit card use still tough on Americans traveling abroad
  Category: Credit Card News
  November 7, 2011
  Americans who travel overseas will likely find difficulty if they try to use their U.S.-issued credit cards to make a purchase, as many foreign countries have long since switched to a more secure system.more


• Lenders sent out more cards, raised limits in September
  Category: Credit Card News
  November 6, 2011
  The amount of new credit cards issued by banks and retailers alike rose considerably in September and so too did the amount consumers were allowed to borrow on those accounts.more


• Banks to increase number of credit card offers
  Category: Credit Card News
  November 4, 2011
  The greater number of regulations now placed on the banking industry by the federal government has prompted financial institutions to look for alternate revenue streams, and many are turning to credit cards and prepaid cards. more


• Chase unveils credit cards for military members
  Category: Credit Card News
  November 4, 2011
  Chase Card Services recently released a new type of credit card that is designed to make transactions easier for military members and their families.more


• Consumers increase use of MasterCard-branded plastic
  Category: MasterCard Credit Card News
  November 3, 2011
  The amount of money consumers across the country spent on credit and debit cards that carried the MasterCard logo increased considerably during the third quarter of the year, leading to higher profits for the company.more


• Bank of America debit fee ruled out
  Category: Prepaid/Debit Card News
  November 2, 2011
  After considerable consumer consternation over its proposed fee for debit card use, Bank of America has reversed course and will no longer implement the charge.more


• More consumers using credit card apps for mobile phones
  Category: Credit Card News
  November 1, 2011
  Many banks and credit card lenders nationwide are now making greater efforts to promote their mobile sites and applications, and consumers seem to be responding well to the greater convenience these services afford them.more


• Google to incentivize use of mobile purchasing platform
  Category: Credit Card News
  November 1, 2011
  Consumers in a select number of cities nationwide will be able to earn cash just for trying Google's new mobile debit and credit card purchasing service.more


• Consumers unsure how much credit card debt they have
  Category: Credit Card News
  October 30, 2011
  A new study has found that the amount of credit card debt Americans think they have and the amount they actually owe varies widely, as consumers tend to guess they owe far less than they do.more


• Charge offs rise slightly as delinquency drops again
  Category: Credit Card News
  October 29, 2011
  While the number of credit card accounts that were so far behind on payments they could no longer be counted as collectable rose last month, the number of payments that were just one billing cycle behind slipped once again.more


• Experts say college kids must be cautious with credit cards
  Category: Credit Card News
  October 29, 2011
  Experts say college kids must be cautious with credit cardsmore


• Credit card rewards offers paying off for travelers
  Category: Airline Rewards Credit Card News
  October 28, 2011
  The nation's largest credit card lenders have made efforts in the last year to expand their customer base. Many have turned to increasing credit card offers for travel rewards cards that grant users frequent flyer miles and new cardholder bonuses.more


• Visa to test new card designs
  Category: Credit Card News
  October 28, 2011
  Credit card security has become a major concern for consumers, payment processing companies, card issuers and retailers alike. But a new change coming to some cards may provide a bit of extra security for all parties.more


• Mobile credit card reader now sold at Wal-Mart
  Category: Credit Card News
  October 27, 2011
  One of the most popular devices that allows consumers and businesses the ability to process credit card purchases using a mobile device will soon go on sale at Wal-Mart.more


• Visa CEO says debit fees won't change card use
  Category: Prepaid/Debit Card News
  October 27, 2011
  Though many consumers have said they would change their debit card spending habits in light of new fees proposed by some of the nation's largest banks, the world's top payment processor doesn't expect too much of a shift.more


• New debit fees may cause mass exodus from banks
  Category: Prepaid/Debit Card News
  October 26, 2011
  Millions of consumers may end up switching their banks if proposed fees added to debit card accounts are put into place, and an even greater number might turn to credit cards instead.more


• Credit card customers may soon start falling behind again
  Category: Credit Card News
  October 26, 2011
  Though consumers have, in general, made considerable strides in reducing the rate at which they pay their credit card bills on time over the last year, some anecdotal evidence suggests that another wave of delinquency and charge offs may be looming.more


• Targeted ads coming for credit card users
  Category: Credit Card News
  October 25, 2011
  Consumers who make any type of purchase in the real world may soon find that their perceived interests in brick-and-mortar stores are reflected in ads specifically targeted to them online.more


• Amount consumers borrow slips considerably
  Category: Credit Card News
  October 25, 2011
  The amount of money borrowed by consumers fell once again in September, but was this time largely due to a drop in balances on installment loans, rather than credit card debt.more


• Credit card rewards increasing in value
  Category: General Rewards Credit Card News
  October 24, 2011
  In an attempt to continuously lure in new credit card borrowers and retain current ones, lenders have been repeatedly increasing the value of their rewards accounts.more


• Increase in late credit card payments predicted
  Category: Credit Card News
  October 24, 2011
  Since the end of the recent national recession, all of the nation's top credit card lenders have seen the rate at which consumers fall behind on their payments decline significantly, but that trend can't last forever.more


• American Express saw higher profits on greater card use
  Category: American Express Credit Card News
  October 23, 2011
  Consumers who have credit cards issued by one of the nation's top lenders increased their account use considerably in the third quarter, leading to a 13 percent increase in profits.more


• Credit cards will soon have more security
  Category: Credit Card News
  October 22, 2011
  The current technology used to secure information on credit cards has been around for decades, but soon consumers will have to worry less about being hit with credit card fraud as issuers make efforts to upgrade security.more


• Banks luring debit users with greater credit rewards
  Category: General Rewards Credit Card News
  October 21, 2011
  Rising fees for debit card account use has led many consumers to seek alternative payment methods, and financial institutions are banking on boosted rewards programs luring them back into borrowing at a higher rate.more


• Lenders take rewards redemption mobile
  Category: General Rewards Credit Card News
  October 20, 2011
  As consumers continue to increasingly rely upon their smartphones to keep track of their finances, several major credit card lenders are rolling out applications that allow them to monitor their accumulated rewards benefits.more


• Citi and Capital One offering accounts to subprime borrowers
  Category: Credit Card News
  October 20, 2011
  As the credit market generally improves, many of the nation's top lenders are now looking to expand their customer base and are once again turning to extending offers for new accounts to borrowers with subprime credit scores.more


• Discover lets users link cash rewards with Amazon accounts
  Category: Discover Credit Card News
  October 19, 2011
  Consumers who have Discover credit cards that allow them to accrue cash back rewards now have a new way to redeem them: with one of the internet's most popular marketplaces.more


• Google Wallet now offers users more benefits
  Category: Credit Card News
  October 19, 2011
  The mobile credit card payment system that Google recently introduced is already being upgraded to provide greater value to users, and will soon include a number of benefits from major retailers across the country.more


• Nearly all top lenders report more instances of delinquency
  Category: Credit Card News
  October 18, 2011
  Five of the nation's top six lenders have reported that they dealt with a greater number of instances of consumer credit card delinquency during the month of September, a change many financial experts believe will continue.more


• Capital One sees credit card delinquency rise
  Category: Capital One Credit Card News
  October 17, 2011
  The rate at which consumers fell behind on their credit card payments for the first time increased at one of the nation's major lenders, though the number of seriously delinquent accounts continued to fall.more


• Credit card security will soon increase
  Category: Credit Card News
  October 16, 2011
  As a result of a new push from some of the nation's top payment processing networks and lenders, it may soon become less likely that consumers can be victimized by credit card fraud.more


• Debit fee changes prompt more banks to push credit
  Category: Credit Card News
  October 15, 2011
  Many of the nation's top financial institutions, looking for new ways to drive revenues after the federal government imposed a limit on debit card fees, are now trying to push consumers to use their credit cards more often.more


• Cash back rewards highlight most recent credit card offers
  Category: Cash Back Credit Card News
  October 15, 2011
  Many of the nation's largest credit card lenders have begun offering consumers a greater number of rewards accounts in recent months, and now many are also turning to cash back rewards in particular.more


• Direct mailing has positive effect for lenders
  Category: Credit Card News
  October 14, 2011
  Many of the nation's top credit card lenders have recently increased their direct mail marketing efforts, and those that engage in this practice most heavily have also reaped greater rewards from doing so. more


• American Express seeking help building mobile presence
  Category: American Express Credit Card News
  October 14, 2011
  One of the nation's largest credit card lenders believes that if mobile payments are to become the norm, all companies from a number of industries need to come together to promote its use among consumers.more


• New credit cards rose again in first half of 2011
  Category: Credit Card News
  October 13, 2011
  Consumers continued to open new credit cards in the first half of the year, continuing a trend that began when the recession ended.more


• More consumers cashing in credit card rewards
  Category: Credit Card News
  October 13, 2011
  During the third quarter of the year, consumers made a slight increase in the rate at which they redeemed the credit card rewards they'd accrued.more


• Lenders once again offering to subprime consumers
  Category: Credit Card News
  October 12, 2011
  Consumers who saw their credit scores suffer during the recent recession may have also found a greater number of credit card offers in their mailboxes during the first half of the year.more


• JPMorgan Chase reworking its credit card business
  Category: Credit Card News
  October 12, 2011
  In an effort to more effectively drive revenues for its credit card arm, JPMorgan Chase is in the midst of completely reworking the way that sector does business.more


• More Americans moving away from credit cards
  Category: Credit Card News
  October 11, 2011
  Even as the effects of the recession continue to ebb in some areas, many consumers are still sticking to the habits they formed during the nation's recent troubling times.more


• Lenders trying to lure new customers with zero percent rates
  Category: Credit Card News
  October 11, 2011
  In an effort to create new streams of revenue by attracting creditworthy customers from competing institutions, several of the nation's largest credit card lenders are now offering more generous introductory terms for balance transfer cards.more


• Experts wonder about reasons for debit card fees
  Category: Credit Card News
  October 9, 2011
  A number of the nation's largest financial institutions have begun testing or at least announced increased charges for consumers who use their debit cards to make purchases, and now some experts are wondering about their motives for doing so.more


• Higher credit card transaction fees likely coming
  Category: Credit Card News
  October 8, 2011
  Lower debit card fees for businesses that accept these transactions, which were mandated by the Federal Reserve Board, will likely lead to higher costs for credit purchases as banks scramble to make up for lost revenues.more


• Credit card security measures remain troublesome
  Category: Credit Card News
  October 8, 2011
  Because many businesses across the country fail to keep up with the latest standardized security measures, consumers are at a greater risk for having their credit card information exposed in data breaches.more


• Credit card delinquencies slipped in second quarter
  Category: Credit Card News
  October 7, 2011
  The rate at which consumers fell behind on their credit card payments fell for all major lenders once again in the second quarter of the year.more


• Experts predict changes to payment landscape
  Category: Credit Card News
  October 5, 2011
  Consumer dissatisfaction with recent changes to the banking industry may spur them to turn away from traditional payment methods and seek out alternative options.more


• Consumers still plagued by U.S.-only credit cards
  Category: Credit Card News
  October 5, 2011
  Many consumers across the country have been frustrated by their credit cards when they've traveled overseas in recent years, because much of the Western world no longer uses the card technology that's still popular here.more


• Experts urge vigilance over rewards credit cards
  Category: General Rewards Credit Card News
  October 4, 2011
  Many consumers across the country are regularly using credit cards that grant them rewards points for every dollar they spend, but some may have difficulty quantifying just how much they've earned and what it's worth.more


• New swipe fee rules now in effect
  Category: Prepaid/Debit Card News
  October 3, 2011
  A new limit on the amount that payment processing companies can charge businesses for handling a debit card transaction went into effect over the weekend.more


• Few parents talk to kids about credit card use
  Category: Credit Card News
  October 3, 2011
  While many consumers now recognize the importance of discussing finances with their kids, few actually take the time to explain the ins and outs of reasonable credit card use.more


• Banks expand benefits for college students
  Category: Credit Card News
  October 2, 2011
  While new laws have made it more difficult for financial institutions to extend credit cards to those under the age of 21, many are now increasing the benefits of college banking accounts in an effort to ingratiate themselves to young adults.more


• Capital One won't shift credit card focus
  Category: Credit Card News
  October 1, 2011
  A recent move by one of the nation's top lenders to take over an online banking company has led some to believe the institution may move away from issuing credit cards, but that talk has been scuttled.more


• Bank of America to introduce debit card fees
  Category: Prepaid/Debit Card News
  October 1, 2011
  As federal regulation of the banking industry continues to increase, one of the nation's largest financial institutions plans to start charging many consumers for the right to use their debit card to make purchases.more


• Groupon allows users to link accounts to credit cards for rewards
  Category: Credit Card News
  September 30, 2011
  Consumers who take part in one of the nation's most popular social couponing networks may soon be able to find incentives for linking their credit cards to their online accounts.more


• More consumers delaying retirement due to debt
  Category: Credit Card News
  September 30, 2011
  While many consumers have had to postpone their retirements in recent years due to financial complications exacerbated by the recent national recession, more are now doing so because of outstanding debt.more


• Debit card benefits continually cut
  Category: Prepaid/Debit Card News
  September 29, 2011
  There may be a number of perks consumers could obtain from their bank just for using their debit card regularly, but more and more often, customers are finding those perks slashed as institutions try to cover declining revenues.more


• Better credit card payment methods helping consumers
  Category: Credit Card News
  September 28, 2011
  In the past, a number of financial experts have attributed recent declines in credit card debt and charge offs to previous defaults, but new studies show consumers are also more conscious of these problems.more


• Mobile purchase apps might help reduce credit card spending
  Category: Credit Card News
  September 27, 2011
  In an effort to help promote adoption of mobile credit card purchase programs currently being developed, many companies may try to incentivize use by including ways for consumers to save money when making purchases.more


• Discover profits surge on fewer delinquencies
  Category: Discover Credit Card News
  September 27, 2011
  One of the nation's largest lenders recently reported that its profits more than doubled as a result of more credit card use by consumers and fewer instances of delinquency.more


• Credit card charge offs, delinquencies fall across board
  Category: Credit Card News
  September 26, 2011
  The rate at which consumers fell behind on their credit card payments decreased in August after being more of a mixed bag in July.more


• Few consumers rely on mobile shopping to make purchases
  Category: Credit Card News
  September 26, 2011
  While consumers are generally comfortable making all kinds of purchases online, few are actually using their smartphones to do so.more


• Younger generation paying more into credit card debt
  Category: Credit Card News
  September 25, 2011
  While many consumers have been making significant progress in recent months when it comes to reducing their outstanding credit card debt, it turns out that young adults are being the most conscientious.more


• Far fewer credit card defaults seen in August
  Category: Credit Card News
  September 24, 2011
  The rate at which consumers fell so far behind on their credit card payments that they could no longer be considered collectable by lenders slipped once again in August.more


• Mobile credit card use to level payment processing field
  Category: Credit Card News
  September 23, 2011
  As new mobile credit card technologies emerge, the way consumers use their accounts will change and have a massive effect on the companies that process credit card transactions.more


• Credit card issuers offering substantial sign-up bonuses
  Category: Cash Back Credit Card News
  September 23, 2011
  Many credit card offers for well-qualified consumers this fall could provide them with considerable bonuses for signing up, according to a report by CNBC, including some substantial cash rewards.more


• Discover card members increase use during summer
  Category: Discover Credit Card News
  September 23, 2011
  Third-quarter profits improved markedly for Discover during the fiscal period due to a considerable rise in card use this summer.more


• Study finds best travel rewards credit card
  Category: Airline Rewards Credit Card News
  September 22, 2011
  Consumers across the country are being inundated with offers for new credit cards, many of which offer rewards benefits for every dollar they spend. However, not all travel rewards credit cards are created equal. more


• Citi sends out more credit card offers than U.S. has residents
  Category: Citibank Credit Card News
  September 21, 2011
  The number of credit card offers sent out by one of the nation's largest lenders during the third quarter of the year exceeded the number of people currently living in the U.S.more


• Google now testing mobile credit card payment system
  Category: Credit Card News
  September 21, 2011
  While the company originally announced its new mobile credit card purchasing system back in May, Google is now rolling out its expected Wallet program to businesses and a select number of consumers in two cities.more


• Poll finds fewer Americans carrying more debt
  Category: Credit Card News
  September 20, 2011
  The number of Americans who say they're carrying more debt now than at this time last year is at its lowest point since April 2009.more


• Discover writes off fewer credit card accounts as uncollectable
  Category: Credit Card News
  September 19, 2011
  The rate at which one of the nation's largest credit card lenders had to write off seriously delinquent accounts as being uncollectable tumbled to a new low in August as consumers continued to make more on-time payments.more


• Lenders turn to teens for mobile payment adoption
  Category: Credit Card News
  September 18, 2011
  Many industry experts have warned that a major hurdle to widespread acceptance of using mobile phones to make credit card payments is that consumers won't see the need for it.more


• Capital One sees delinquency and default edge upwards
  Category: Capital One Credit Card News
  September 17, 2011
  While some financial institutions have seen the rate at which consumers pay down their outstanding credit card debt and make on-time payments improve in recent months, August was not so kind to one of the nation's largest lenders.more


• MasterCard shifts attentions to affluent clients and prepaid cards
  Category: MasterCard Credit Card News
  September 16, 2011
  In an effort to maximize revenues that were significantly reduced by greater federal regulation in the last few years, MasterCard will soon begin promoting accounts that appeal to both more and less affluent consumers.more


• Industry-wide credit card charge offs dip
  Category: Credit Card News
  September 16, 2011
  While a few lenders experienced increases in late payments and ongoing delinquency in recent months, the overall credit card industry continued to see fewer instances of default in August.more


• Mobile and online the new focus for American Express
  Category: American Express Credit Card News
  September 15, 2011
  Last year, the nation's largest credit card lender in terms of purchase volume agreed to purchase a loyalty marketing firm and will continue to seek companies it can acquire to expand its online and mobile purchase positioning in the U.S. and abroad.more


• Consumer credit card use rises ahead of school year
  Category: Credit Card News
  September 14, 2011
  A number of factors, not the least of which was nationwide back-to-school shopping, caused consumers to make more purchases and spend more money on their credit card accounts.more


• Consumers plan to spend less this holiday season
  Category: Credit Card News
  September 13, 2011
  While many Americans have taken to spending more on their credit cards in recent months as a means of making ends meet, a recent poll found that many are wary of spending during the coming holiday season.more


• Charge offs spiked in August
  Category: Credit Card News
  September 12, 2011
  The number of credit card accounts lenders had to write off as being uncollectable rose in August, the first increase in charge offs seen in four months.more


• Credit card deals don't just benefit lenders
  Category: Credit Card News
  September 10, 2011
  While some consumer advocates have criticized deals made between colleges or their associated organizations and credit card lenders for promoting branded accounts, the schools and organizations often benefit considerably from them.more


• Consumers took on less credit card debt in July
  Category: Credit Card News
  September 9, 2011
  While the overall amount of consumer credit issued nationwide rose during the month of July, the change came in spite of the fact that Americans drastically cut their credit card debt.more


• Mobile credit card readers put to the test
  Category: Credit Card News
  September 9, 2011
  As technology continues to improve and businesses have more options for processing credit card purchases, more readers will come into the marketplace.more


• More banks to begin charging for debit cards
  Category: Credit Card News
  September 8, 2011
  In recent months, a large number of popular financial institutions across the country have tinkered with the way they charge consumers for operating certain types of accounts in response to federal regulation that could cut their revenues.more


• Bank of America rolls out cash back card for business
  Category: Cash Back Credit Card News
  September 7, 2011
  Soon after it launched a new cash back credit card for consumers, one of the nation's largest financial institutions also revealed that it had released a similar account for businesses.more


• Credit card lending standards still tight
  Category: Credit Card News
  September 6, 2011
  Though many financial experts believe the economy is slowly improving, this change is not necessarily reflected by banks, which continue to keep credit card lending standards tight.more


• Consumers would rather pay down debt than save
  Category: Credit Card News
  September 3, 2011
  The recent national recession changed many consumers' attitudes toward the way they handle their finances, including paying down debt and saving money. Currently, more would rather do the former than the latter.more


• More lenders getting into social media marketing
  Category: Credit Card News
  September 2, 2011
  A large and growing number of companies big and small are now entering the social networking world in an attempt to better connect with consumers, and that includes credit card lenders.more


• Discover eliminates credit card security service
  Category: Discover Credit Card News
  September 1, 2011
  A popular service many consumers used to help keep their financial information and accounts secure from fraud will soon be eliminated by one of the nation's top credit card lenders.more


• Bank of America beefs up cash back rewards
  Category: Credit Card News
  September 1, 2011
  In an effort to better compete with the rewards programs of other credit card lenders, one of the largest financial institutions in the nation recently upgraded a number of its cash back programs.more


• Lenders waiving fees and penalties for disaster victims
  Category: Credit Card News
  August 31, 2011
  Consumers who were displaced by Hurricane Irene and worried about falling behind on their credit card bills have been given some reprieve by many major lenders.more


• Sovereign to buy large credit card portfolio
  Category: Credit Card News
  August 31, 2011
  A smaller but growing credit card lender and bank recently announced it had purchased a credit card portfolio worth hundreds of millions of dollars.more


• Bank launches dual debit and credit card
  Category: Credit Card News
  August 30, 2011
  Consumers who are looking to clear some of the clutter from their wallet or pocketbook may now have the chance to clear out at least one or two cards thanks to a new offering from a major financial institution.more


• New bank fees unlikely to go anywhere
  Category: Credit Card News
  August 29, 2011
  Many consumers across the country may have recently noticed that the cost of their normal banking activity has gone up in recent months, and that's not about to change.more


• CFPB continues to handle credit card complaints
  Category: Credit Card News
  August 29, 2011
  The new federal Consumer Financial Protection Bureau has made handling complaints about credit card practices one of its top priorities, but will soon branch out into other areas.more


• Visa and Google wage mobile wallet war
  Category: Credit Card News
  August 26, 2011
  The first two large smartphone card payment systems will launch within the next few months, and the two giants behind the programs are expected to spar to be the first that's widely adopted.more


• Visa lends security software to mobile wallet system
  Category: Credit Card News
  August 26, 2011
  Though it will launch its own mobile wallet system within the next few months, the world's largest payment processing network will also lend its security software to a program being launched by three of the nation's biggest mobile phone service providers.more


• Business credit cards getting more reward programs
  Category: Capital One Credit Card News
  August 26, 2011
  Though this type of account has come under fire from some experts and lawmakers in recent months, the number of available business credit cards that offer users rewards and perks has increased in the last few months.more


• AmEx launches Mercedes-Benz credit card
  Category: American Express Credit Card News
  August 25, 2011
  One of the world's largest credit card lenders recently announced that it will partner with a major name in the auto industry to begin offering two new types of rewards accounts.more


• New Capital One card offers consumers cash back
  Category: Capital One Credit Card News
  August 25, 2011
  A new type of credit card that grants consumers more cash back on purchases than competing accounts is now being issued by one of the nation's largest lenders.more


• Capital One's ING deal may not be approved
  Category: Capital One Credit Card News
  August 24, 2011
  One of the nation's largest credit card lenders recently agreed to buy an online banking company, but now federal authorities may not be able to approve it under the new Wall Street reform laws.more


• Another new portable credit card reader now available
  Category: Credit Card News
  August 24, 2011
  A company based in Europe recently released a new type of credit card reader that will allow consumers to use either traditional cards with magnetic strips or newer ones that use near-field communication technology.more


• Bank of America, Chase have potential security flaw exposed
  Category: Credit Card News
  August 23, 2011
  Consumers with credit cards issued by two of the nation's largest lenders may be at greater risk for identity theft as a result of a feature designed to be a convenience. more


• Store credit cards called costly
  Category: Credit Card News
  August 22, 2011
  Many consumers may have been asked on a recent shopping trip whether they would like to open a store-branded credit card. Experts warn that doing so may not be the best idea.more


• Fewer college students using new credit cards
  Category: Credit Card News
  August 19, 2011
  As campuses across the country start to swell with new and returning students this fall, one trend that might not come back with them is credit card use.more


• Capital One credit card moves considered keen
  Category: Credit Card News
  August 19, 2011
  In recent weeks, one of the nation's largest credit card lenders has made a number of shrewd moves to grow its business in the post-recession banking world.more


• Americans believe their credit card spending is under control
  Category: Credit Card News
  August 18, 2011
  While most consumers have made efforts to rein in their credit card spending, and believe they've gotten it under control, they also feel that others largely have not done the same.more


• Citi Renews Right to Issue Shell Credit Card
  Category: Citibank Credit Card News
  August 18, 2011
  One of the nation's largest credit card issuers recently reached an agreement to continue distributing the credit cards bearing the brands of the nation's largest gasoline company.more


• More borrowers satisfied with their credit cards
  Category: Credit Card News
  August 18, 2011
  Thanks to a large number of reforms at the federal level, consumers are beginning to gain a better understanding of their credit card accounts and are better protected from predatory lending practices, leading to higher satisfaction.more


• Two major lenders write off more accounts as uncollectable in July
  Category: Credit Card News
  August 17, 2011
  The number of credit card accounts that fell so far behind on payments that they had to be written off as being uncollectable rose for two of the nation's largest lenders.more


• Target sees higher profits from more credit card use
  Category: Credit Card News
  August 17, 2011
  The nation's second-largest discount retailer saw profits increase once again in the year's second quarter because customers continued to use its branded credit cards with greater frequency.more


• Late credit card payments fall to 17-year low
  Category: Credit Card News
  August 16, 2011
  The number of consumers across the country who fell seriously behind on their credit card payments in the second quarter of the year dropped to a low not seen since the mid-1990s.more


• Household debt fell in the second quarter
  Category: Credit Card News
  August 16, 2011
  The amount of money owed to lenders by the average American household fell slightly in the second quarter of the year.more


• Capital One saw charge offs slip, but delinquencies rise
  Category: Capital One Credit Card News
  August 15, 2011
  The number of accounts that one of the nation's largest credit card lenders had to write off as being uncollectable fell once again in July, even as it saw a larger number of balances fall behind for the first time during the month.more


• Many may find it tougher to redeem airline rewards points
  Category: Airline Rewards Credit Card News
  August 15, 2011
  A large number of Americans are currently enrolled in credit card programs that allow them to earn rewards points, miles or cash back for every purchase they make, but now many may find it more difficult to redeem those bonuses for flights. more


• Credit card use and spending grows more slowly
  Category: Credit Card News
  August 13, 2011
  The amount of times consumers used their credit or debit cards and the amount spent on those accounts, increased once again during the month of July, but more slowly than in the past.more


• All major U.S. cities see credit card delinquency rate improvements
  Category: Credit Card News
  August 12, 2011
  The nation's 30 largest metropolitan areas have seen improvements in 60-day delinquency rates for credit card accounts since 2007, with cities in Ohio and Texas showing the most progress.more


• Capital One buys HSBC's credit card portfolio
  Category: Capital One Credit Card News
  August 12, 2011
  One of the nation's largest credit card lenders just got a little bit bigger, and controls a large portion of a niche market.more


• Credit card rates set to spike from credit downgrade
  Category: Credit Card News
  August 12, 2011
  Many experts have warned that any downgrade in the U.S. credit rating would lead to higher rates for all consumer loans, and now that Standard and Poor's has ticked down that figure, the change will likely take place in the near future.more


• T-Mobile payment method called unsafe
  Category: Credit Card News
  August 11, 2011
  One of the nation's most popular cellphone service providers recently launched a program that lets consumers buy digital products online and have the charge applied to their phone bill, but some say this payment method can be unsafe for consumers.more


• Visa urges use of new card technology
  Category: Credit Card News
  August 10, 2011
  Though America has lagged behind the rest of the world in terms of adopting more secure credit card technology, that may soon change thanks to the world's largest payment processing network.more


• Credit card defaults slipped in July
  Category: Credit Card News
  August 10, 2011
  The number of consumers who fell behind on their credit card payments in July declined once again, marking 18 consecutive months of drops.more


• Google Wallet advances toward widespread use
  Category: Credit Card News
  August 8, 2011
  Though many consumers have expressed some concerns about the newest payment method being promoted by a number of companies, one may be closer to being adopted more quickly than others.more


• Consumer borrowing spikes significantly in June
  Category: Credit Card News
  August 8, 2011
  As the economy has continued to slowly improve and prices have risen over the last several months, consumers have taken to borrowing more money, and that trend continued into June.more


• Some credit card offers more costly than expected
  Category: General Rewards Credit Card News
  August 7, 2011
  Many consumers may receive an offer for a preapproved credit card and see generous benefits, but these accounts may also come with higher costs many may not consider.more


• More spending leads charge for MasterCard
  Category: MasterCard Credit Card News
  August 5, 2011
  Consumers used their credit and debit cards more often during the second quarter of the year, leading profits for the world's second largest payment processing network to grow to levels that were better than anticipated.more


• Smartphone payment revolution unavoidable
  Category: Credit Card News
  August 5, 2011
  Many consumers may have heard talk in recent months about efforts to introduce mobile credit card payment platforms that work with smartphones to provide swipeless purchase options, and widespread adoption is likely inevitable.more


• Young adults to rally for better credit education
  Category: Credit Card News
  August 5, 2011
  Many college kids are now graduating with a number of credit cards in their names and thousands of dollars in debt, and some believe the reason for this is that many do not receive proper financial education.more


• Consumers may opt out of receiving card offers
  Category: Credit Card News
  August 4, 2011
  Many consumers across the country may have recently noticed that the number of preapproved credit card offers in their mailbox is on the rise, but they also have the ability to opt out.more


• Fewer college credit card agreements the result of transparency
  Category: Credit Card News
  August 4, 2011
  The number of marketing agreements between credit card lenders and universities or groups associated with them fell last year, and some financial experts point to aspects of new federal laws as having discouraged the practice.more


• More consumers report stress from debt problems
  Category: Credit Card News
  August 4, 2011
  Rising prices, stagnant wages and hiring and high credit card debt have combined to make more consumers stressed about their outstanding balances.more


• Credit complaints expected to drop next year
  Category: Credit Card News
  August 3, 2011
  A recent survey found that many consumers complained about their credit or debt last year, but that trend is unlikely to continue as more consumer protections were added to better shield Americans from potential problems.more


• Verizon, American Express create new mobile payment system
  Category: American Express Credit Card News
  August 2, 2011
  In an effort to make it easier for consumers to make secure online payments through their mobile devices, American Express recently teamed with the largest cellphone service provider in the U.S. for a new platform.more


• NFC adoption forecast cut by manufacturer
  Category: Credit Card News
  August 2, 2011
  One of the world's leading manufacturers of the chips necessary to make smartphones and similar devices capable of completing mobile credit card purchases says the number of shipments it makes will likely be cut considerably.more


• Chase launches new way to spend rewards points
  Category: Credit Card News
  August 1, 2011
  One of the nation's top credit card lenders recently unveiled a new way for consumers who carry its branded rewards credit cards to redeem the points they accrue by making purchases.more


• Credit card interest rates will rise if credit rating falls
  Category: Credit Card News
  July 31, 2011
  The nation's political parties are currently butting heads over the best way to handle the nation's debt ceiling crisis, and many questions need to be answered. But one thing is certain: if the nation defaults on its loans, interest rates will go up.more


• More credit card spending boosts Visa profits
  Category: Visa Credit Card News
  July 30, 2011
  More consumers have taken to using their credit cards again in the last several months, and that has buoyed profits for the world's largest payment processing network.more


• Small businesses using credit cards more often
  Category: Credit Card News
  July 28, 2011
  As a result of the tough economy and tight lending restrictions by most major institutions, many of the nation's small businesses are now relying more often on their credit cards to meet their financial goals.more


• Consumers make significant strides in reducing credit card debt
  Category: Credit Card News
  July 27, 2011
  Consumers have made progress when it comes to cutting their credit card debt in recent months, and despite some expert warnings, it may not have been the result of widespread charge offs after all.more


• Company launches new digital credit card reading program
  Category: Credit Card News
  July 27, 2011
  While a number of companies have launched mobile credit card readers that plug into a smartphone's headphone or USB jacks, one new service requires nothing but a camera.more


• Number of defaulted credit card accounts slipped in June
  Category: Credit Card News
  July 26, 2011
  Continuing a trend seen across the last several months, the number of credit card accounts defaulted on by consumers dipped once again in June.more


• Rewards cards growing more beneficial
  Category: General Rewards Credit Card News
  July 26, 2011
  Consumers who have been mulling over whether or not to open a new credit card account may soon receive a rather lucrative offer for a rewards card.more


• New credit card will minimize "gotchas"
  Category: Citibank Credit Card News
  July 25, 2011
  A new credit card launched by one of the nation's largest lenders aims to help consumers avoid the troubles that may come with penalty fees and high interest rates.more


• More consumers using credit cards for necessities
  Category: Credit Card News
  July 23, 2011
  While many have pointed to the slowly improving economy as a reason consumer credit card use has ticked up in recent months, other indicators show that rising prices for necessities may be to blame.more


• Consumers set spending record with AmEx cards
  Category: American Express Credit Card News
  July 21, 2011
  One of the nation's top credit card lenders recently revealed that it saw spending on those accounts spike considerably, and profits surged as a result.more


• Mobile banking, purchase adoption slows
  Category: Credit Card News
  July 21, 2011
  Though most consumers are now using their smartphones more often to complete everyday tasks, the rate at which bank customers use them to complete mobile banking transactions has slowed considerably in recent months.more


• Many Americans living beyond their means
  Category: Credit Card News
  July 20, 2011
  While the most recent data from the Federal Reserve shows that consumers increased the amount of credit card debt they carried significantly in May, a new study from Georgetown University highlights concerns that Americans are spending beyond their means.more


• Late credit card payments ease
  Category: Credit Card News
  July 20, 2011
  The number of consumers who fell behind on their credit card bills or had their accounts written off as being uncollectable as a result of repeated nonpayments slipped once again in June, continuing a trend seen in each of the last several months.more


• Mobile payments one step closer to wider acceptance
  Category: Credit Card News
  July 20, 2011
  In a move sure to hurry along widespread adoption of mobile debit and credit card payments, the nation's top card transaction networks and cellphone service providers recently struck a major accord many thought would be difficult to forge.more


• AmEx lets Facebook users customize discounts
  Category: American Express Credit Card News
  July 19, 2011
  People who opt to "Like" one of the nation's top credit card lenders on a popular social networking site may soon benefit from a new offer.more


• Bank of America sees huge drop in defaults
  Category: Credit Card News
  July 18, 2011
  The number of consumers who defaulted on their Bank of America-issued credit cards in June dropped considerably, while delinquency fell as well.more


• Consumers wary of credit still using debit, but may switch
  Category: Credit Card News
  July 16, 2011
  The majority of Americans currently use their debit cards more often than credit, but that may change if banks move forward with a plan to impose fees for using the former accounts.more


• JPMorgan profits as losses and debt levels decline
  Category: Credit Card News
  July 16, 2011
  Though consumers used credit card accounts from one of the nation's major lenders less in the second quarter, the institution still enjoyed larger profits during the three-month period.more


• Capital One says delinquency increased in June
  Category: Capital One Credit Card News
  July 15, 2011
  While all of the nation's top lenders have seen instances of delinquent and charged off credit card debt decline over the last several months, a few have noticed a slight uptick in one or the other from one month to the next.more


• Suitors emerge for HSBC credit card portfolio
  Category: Credit Card News
  July 15, 2011
  Several weeks ago it was announced that HSBC, Europe's largest bank, was attempting to wind down or sell off its U.S. credit card business, and now at least two major American lenders are interested in acquiring the portfolio.more


• Banks selling credit card customers' information
  Category: Credit Card News
  July 15, 2011
  In an effort to drum up revenues in the wake of greater federal regulation of the financial industry, some of the nation's largest institutions have taken to selling customers' information to advertising companies.more


• Consumers showing credit willingness as economy improves
  Category: Credit Card News
  July 14, 2011
  The slowly improving economy may have shored up the financial footing for many consumers, and as a result, some may be more willing to once again begin taking on credit card debt.more


• Citi may reverse decision on winding down credit card division
  Category: Credit Card News
  July 14, 2011
  One of the nation's largest financial institutions has long been mulling whether it should wind down its credit card business, but now seems to have reversed its decision.more


• Fewer consumers miss credit card payments
  Category: Credit Card News
  July 14, 2011
  The number of consumers across the country who fell behind on their credit card bills fell once again in June, marking yet another month of continual declines in both delinquency and charge offs.more


• Square limits new credit card reader accounts
  Category: Credit Card News
  July 14, 2011
  While a large and growing number of companies are adopting a new way to accept credit card payments using smartphones and tablet computers, one of the best-known companies in the field currently imposes a limit on how much new clients could process.more


• Consumers still receiving more credit card offers
  Category: Credit Card News
  July 13, 2011
  Despite limits on the way they can market new accounts imposed by the federal government, many of the nation's top lenders are sending out credit card offers in large numbers.more


• Consumers having more trouble using credit cards overseas
  Category: Credit Card News
  July 12, 2011
  That familiar plastic strip on the back of all of your debit and credit cards will help you complete just about any transaction you want in the U.S., but they may not be as helpful overseas.more


• Consumers put more on their credit cards in May
  Category: Credit Card News
  July 11, 2011
  Consumers may have been wary of using their credit cards in the last several months, perhaps learning some lessons about overuse from the recession. However, Americans reversed months of declines in the amount they put on their cards in May.more


• Federal Reserve compiles list of college credit card agreements
  Category: Credit Card News
  July 11, 2011
  Many colleges have taken to making deals with credit card companies that will allow the lenders to access lists of students, faculty or alumni in exchange for funding. The Federal Reserve Board recently released the latest list of these agreements.more


• Credit card delinquencies rise in first quarter
  Category: Credit Card News
  July 9, 2011
  While all of the nation's top credit card lenders have reported fewer instances of delinquency and default, a new study found that the number of late payments on these accounts ticked upwards in the first three months of the year.more


• Visa says revenue should grow next year
  Category: Visa Credit Card News
  July 8, 2011
  Greater credit card use will likely allow the world's largest payment processing company to expand revenues through next year.more


• USAA Bank to end debit card rewards
  Category: Credit Card News
  July 8, 2011
  Another major bank announced a casualty in the ongoing fight over debit card swipe fees this week.more


• Government printing less money as cards grow more prevalent
  Category: Credit Card News
  July 7, 2011
  The U.S. government has drastically reduced the amount of paper currency it produces for small denominations as consumers have more often turned to the use of debit and credit cards for everyday purchases.more


• Consumer lending increases slowly, but banks more eager
  Category: Credit Card News
  July 7, 2011
  Many consumers are now seeking new lines of credit in an attempt to augment their current ability to make purchases large and small, and these days, more banks are willing to help them do so.more


• Credit card lending spikes more than 35 percent
  Category: Credit Card News
  July 6, 2011
  The number of new credit card accounts being issued by major financial institutions is on the rise, as is the amount of new lines of credit with higher limits.more


• Capital One card called best no-fee account for world travel
  Category: Capital One Credit Card News
  July 5, 2011
  While there are many credit card accounts that will benefit consumers using them to make purchases related to overseas travel, one offering from a major national lender was recently called the best no-frills card on the market.more


• Fewer businesses accept card purchases
  Category: Credit Card News
  July 4, 2011
  Consumers who are interested in making purchases using their debit or credit cards may have a difficult time doing so, as many businesses across the country are no longer accepting this type of transaction due to the high fees associated with doing so.more


• Multi-use credit card developer receives new funding
  Category: Credit Card News
  July 2, 2011
  A company that has developed a new "smart" card that can be used to store both debit and credit account information recently received a new round of funding that may help it become popular in the U.S.more


• Banks cut credit card lending requirements
  Category: Credit Card News
  July 1, 2011
  Consumers who attempted to acquire a credit card for the first time since the onset of the national recession may have had more luck in 2011, as some of the nation's top lenders relaxed standards for the first time in 2008.more


• Most card holders still not redeeming rewards points
  Category: General Rewards Credit Card News
  June 29, 2011
  While many Americans are now enrolled in credit card accounts that give them rewards points, the majority still do not redeem those benefits with regularity.more


• Bank of America ranked as most secure lender
  Category: Credit Card News
  June 29, 2011
  In a new study of which major U.S. credit card lenders do the best job of protecting their customers from fraud, the nation's third-largest was the most secure for the fifth year in a row.more


• Lenders boost offers for new credit cards
  Category: Credit Card News
  June 28, 2011
  While many shied away from the practice in the doldrums of the recent national recession, the nation's top lenders have turned once again to sending out offerings for new credit card accounts en masse.more


• Young people feel better when carrying debt
  Category: Credit Card News
  June 28, 2011
  While it may seem counterintuitive, a new study has found that young adults actually have higher self-esteem when they carry some amount of debt.more


• Hacking attack cost Citi customers millions
  Category: Citibank Credit Card News
  June 27, 2011
  Though it originally reassured those affected by a data breach that their information could not be used fraudulently, one of the nation's top credit card lenders revealed late last week that the hackers were able to rack up millions in bogus debt.more


• Credit card defaults tumbled across the board in May
  Category: Credit Card News
  June 27, 2011
  As the economy continues to make small strides toward improvement, so too does consumers' ability to pay their credit card bills, resulting in fewer instances of default and delinquency once again in May.more


• Discover sees higher profits on greater card use, fewer defaults
  Category: Discover Credit Card News
  June 25, 2011
  As consumers continue to feel the economy's improvement, they have increased both their credit card use, spending and on-time bill payments, all of which spelled considerably higher profits for one of the nation's top lenders.more


• JPMorgan Chase drops more than 1,000 credit card suits
  Category: Credit Card News
  June 24, 2011
  Many of the nation's credit card lenders may choose to pursue lawsuits against consumers who have defaulted on their payments, but one of the biggest has been quietly dropping many around the country over the last several months.more


• More consumers connecting with lenders online
  Category: Credit Card News
  June 24, 2011
  A large and growing number of credit card users now connect to their lenders through online social networks, but a relatively small number actually use these sites when it comes to customer service.more


• PNC to buy RBC's U.S. credit card portfolio
  Category: Credit Card News
  June 23, 2011
  One of the nation's largest banks recently struck a deal with a Canadian giant to take over all of its U.S. branches and its American credit card portfolio.more


• Store-branded credit cards seeing value increased, but dangers persist
  Category: Credit Card News
  June 23, 2011
  While many retailers have increased the value provided by their store-branded credit card offerings, the terms may still be harmful to some consumers.more


• U.S. Bank adds more security for regular travelers' credit cards
  Category: Credit Card News
  June 22, 2011
  Consumers who go overseas often will likely find that their American credit cards just don't work in many places around the globe. Now, one major lender is issuing cards to some customers that will allow them to use their accounts both at home and abroad.more


• Consumers facing higher foreign transaction fees
  Category: Credit Card News
  June 22, 2011
  Americans that travel overseas this summer may find that the price of using their credit card to make a purchase in a foreign currency is on the rise.more


• Prepaid cards likely to become cheaper
  Category: Prepaid/Debit Card News
  June 21, 2011
  While some consumers may associate prepaid debit cards with higher fees than those for credit cards, a new move by one of the world's top card purchase processing networks may cause the entire industry to change.more


• Experts say more credit card use would help economy
  Category: Credit Card News
  June 21, 2011
  Though many Americans have made efforts to restrict credit card spending in recent years, some financial experts say that if they were more liberal with their account use, the economy might be able to recover more quickly.more


• iPhone owners more ready for mobile wallet
  Category: Credit Card News
  June 20, 2011
  While Apple has not yet made its popular smartphone capable of making credit card payments using near-field communication technology, its users seem to be more willing than most to participate in such a system.more


• Lenders may soon turn to prepaid card offers
  Category: Prepaid/Debit Card News
  June 20, 2011
  A recent decision by one of the world's largest credit networks to begin offering a prepaid card to underbanked consumers may indicate a sea of change in the way lenders view issuing various accounts.more


• Credit card fraud driven by technology problem
  Category: Credit Card News
  June 18, 2011
  Credit and debit card fraud is growing rapidly, and experts now suggest the problem may be related to the technologically ancient way these pieces of plastic store data.more


• Citi credit card breach
  Category: Citibank Credit Card News
  June 18, 2011
  Exactly a week after it first revealed the details of a massive data breach that rocked the company in May, one of the nation's top credit card lenders said that the number of exposed accounts was considerably bigger than it originally reported.more


• Experts say coming NFC payment revolution will be beneficial
  Category: Credit Card News
  June 17, 2011
  While some consumers have expressed concern over the security of the new technology of credit card payments made with a smartphone, many experts say that the shift to the new method will be largely worth the wait.more


• Debit and credit cards don't offer the same fraud protections
  Category: Credit Card News
  June 16, 2011
  In the event that a consumer's wallet is stolen, the fraud protections offered for their debit and credit card accounts differ greatly.more


• Lenders see late payments fall to pre-recession lows
  Category: Credit Card News
  June 16, 2011
  The number of delinquent and defaulted credit card accounts continued to fall in May for all six of the nation's largest lenders, reaching lows not seen since the onset of the recent economic downturn.more


• Credit card purchases, dollar volume grow at slower rate
  Category: Credit Card News
  June 15, 2011
  While the amount of times consumers used their credit cards and the value of those purchases both grew in May, they did so at slower rates than they have in the recent past.more


• American Express begins issuing prepaid cards
  Category: American Express Credit Card News
  June 14, 2011
  In an effort to expand its card issuing reach to underbanked consumers, the world's third-largest credit processing network recently announced it would launch a new prepaid card.more


• Citi kept hack a secret for three weeks
  Category: Citibank Credit Card News
  June 14, 2011
  After suffering a massive data breach that exposed the personal and financial information for hundreds of thousands of its credit card customers, one of the nation's largest banks kept the incident a secret for as long as three weeks.more


• HSBC considers ending its U.S. credit card business
  Category: Credit Card News
  June 13, 2011
  In an effort to reduce costs and better concentrate on markets where it can cross-promote its products more effectively, a major credit card lender is now considering a rundown of its U.S. credit card business.more


• Lenders still holding high standards for credit cards and loans
  Category: Credit Card News
  June 13, 2011
  Many credit card lenders have begun to loosen restrictions on credit after boosting them significantly during the financial crisis. However, it can still be difficult for many to receive approval.more


• Big banks launch online payment service
  Category: Credit Card News
  June 11, 2011
  In an attempt to both avoid new regulations on credit cards and transaction fees, and get a piece of the growing online transactions market, the nation's largest banks will soon launch their own digital payment service.more


• FDIC says tighter security efforts needed for credit card industry
  Category: Credit Card News
  June 10, 2011
  Regulators from the Federal Deposit Insurance Corporation recently warned that the nation's credit card lenders must tighten their security measures to ensure that data breaches like the one suffered by Citi earlier this week do not happen.more


• Visa makes more mobile banking moves
  Category: Visa Credit Card News
  June 10, 2011
  The world's largest credit and debit card payment processing network recently made two major moves in an attempt to expand its mobile payment capabilities on a global level.more


• Hackers gain access to Citi customers' credit card data
  Category: Citibank Credit Card News
  June 9, 2011
  Consumers who have a credit card bearing the Citi logo may have been affected by a recent hacking attack that exposed payment data.more


• Citi adopts new credit scoring system for approvals
  Category: Citibank Credit Card News
  June 8, 2011
  In an effort to better evaluate potential borrowers' creditworthiness, one of the nation's top lenders recently announced it had adopted a newer credit scoring system to assess risk.more


• Many small businesses set minimum payment requirements
  Category: Credit Card News
  June 6, 2011
  Now that federal law allows small businesses to set requirements for the size of a purchase for which a consumer can use a credit card, many companies are doing so in an effort to avoid high interchange fees.more


• Business credit cards still problematic for consumers
  Category: Credit Card News
  June 6, 2011
  A large number of consumers across the country may have recently received an offer for a business credit card, but could be unaware that these accounts offer little in the way of protection.more


• Students still getting credit cards, but at slower rate
  Category: Student Credit Card News
  June 4, 2011
  Despite laws designed to prevent young adults from being able to easily obtain credit cards, many are still doing so by exploiting loopholes in lending laws. However, the overall number of students with these accounts has slipped.more


• Credit card offers becoming more generous
  Category: Credit Card News
  June 3, 2011
  In recent months, consumers who have received offers for preapproved credit cards have likely found that the benefits they can receive for opening an account have greatly increased.more


• New MasterCard program will keep tabs on flight prices
  Category: MasterCard Credit Card News
  June 2, 2011
  Many consumers have been frustrated in the past to pay one price for a flight, only to find a cheaper offer some time later, but that may no longer be a concern with a new offering from MasterCard.more


• More consumers losing debit and credit rewards
  Category: General Rewards Credit Card News
  June 1, 2011
  When consumers lose their credit card, panic can set in quickly. But those who cancel their old accounts and are issued new cards may also lose any rewards points they've accrued.more


• Small business credit cards offer fewer protections
  Category: Credit Card News
  June 1, 2011
  Consumers who have both personal and small business credit cards may find that terms for the latter account can change drastically. This is because regulations for business accounts do not carry the same protections as those for consumers.more


• Google stresses safety of new Wallet service
  Category: Credit Card News
  May 31, 2011
  In recent months, several polls have shown that consumers are willing to accept the new wave in credit card payments that will come due to near-field technology. However, some have also expressed concerns about how secure these transactions would be.more


• Credit card revenues tumbled substantially last year
  Category: Credit Card News
  May 29, 2011
  Many financial institutions said the cost of greater federal regulation of the credit card lending industry would be significant, but statistics from last year show that this may not be the case.more


• Mortgage defaulters have easier time paying credit card bills
  Category: Credit Card News, Credit Crunch News
  May 28, 2011
  Consumers who have previously defaulted on their mortgages are still less likely to allow their credit card payments to become delinquent on new credit card accounts than those who have had trouble paying bills on multiple accounts.more


• Bank-issued prepaid cards popular with government agencies
  Category: Prepaid/Debit Card News
  May 27, 2011
  Many banks have turned to issuing prepaid cards in an effort to drive revenues lost to federal laws such as the Credit Card Accountability, Responsibility and Disclosure Act, and these accounts have become most popular with government agencies.more


• Teens now less sure of their credit card knowledge
  Category: Credit Card News
  May 26, 2011
  In the past, most teenagers were eager to get their first credit card, but it seems the recession has changed their attitudes toward acquiring such accounts.more


• Google to unveil its mobile payment system
  Category: Credit Card News
  May 25, 2011
  One of the most ubiquitous tech companies in the world will soon unveil a new way for consumers to make mobile credit card payments.more


• Square launches iPad app
  Category: Credit Card News
  May 24, 2011
  One of the world's leading mobile phone credit card payment processors recently made a similar application available for a popular tablet device.more


• Delinquent credit card borrowers tumble sharply in first quarter
  Category: Credit Card News
  May 23, 2011
  Continuing a recent trend, consumers currently experiencing credit card delinquencies slipped once again in the first three months of the year, dropping to levels not seen since the mid-1990s.more


• Demand for NFC phones will spike
  Category: Credit Card News
  May 23, 2011
  Smartphones outfitted with near-field communication technology that can be used for credit card transactions are expected to become the next big thing in the payment industry, and manufacturers are ramping up production as a consequence.more


• Institutions step up lending to subprime borrowers
  Category: Credit Card News
  May 23, 2011
  Consumers who have credit scores below 660 have recently found that lenders are more willing to extend them new lines of credit.more


• Most credit card data breaches caused by small businesses
  Category: Credit Card News
  May 21, 2011
  Instances in which consumers' credit card data is exposed to hackers are largely caused by small businesses, rather than large corporations.more


• More stores turning to easier credit card payments
  Category: Credit Card News
  May 20, 2011
  While using near-field communication to make contactless credit and debit card purchases at stores isn't likely to be adopted on a large scale by the end of the year, many companies are making steps toward the next best thing.more


• Credit card delinquencies fell across the board in April
  Category: Credit Card News
  May 20, 2011
  Consumers were once again more conscientious in paying their credit card bills during the month of April, leading to fewer 30-day delinquencies for all of the nation's top six lenders.more


• Credit card purchases surge on higher gas prices
  Category: Credit Card News
  May 19, 2011
  The higher costs for fuel and food caused a sharp increase in the amount of money consumers spent on credit and debit cards during the month of April.more


• Credit card spending causes Target income jump
  Category: Credit Card News
  May 19, 2011
  In another sign consumers are feeling better about their ability to manage their finances, credit card payments at one of the nation's top discount retailers increased substantially in the first quarter.more


• Report confirms no NFC for new iPhone
  Category: Credit Card News
  May 18, 2011
  Rumors have been swirling for months that the next iteration of Apple's massively popular iPhone smartphone will not support near-field communication technology. Now, a report has confirmed this to be the case.more


• Lenders no longer granting current cardholders lower rates
  Category: Credit Card News
  May 18, 2011
  Consumers with strong borrowing histories used to be able to obtain lower credit card interest rates just by calling their lender and asking for one. Now, institutions are extremely unlikely to even consider doing so.more


• More credit card use seen as positive for the economy
  Category: Credit Card News
  May 17, 2011
  Consumers' greater use of credit cards in the last several months is now being viewed by economists as a sign that the nation's economic recovery is in full swing.more


• Credit losses fall for nation's top lenders
  Category: Credit Card News
  May 17, 2011
  The amount of money the largest credit card lenders in the U.S. lost to delinquent and charged off accounts fell in the first three months of the year.more


• Bank of America launches charge cards for small businesses
  Category: Credit Card News
  May 16, 2011
  In an effort to continue driving greater revenues in light of federal regulations, one of the nation's top lenders recently announced that it would begin offering charge cards to small businesses.more


• Major phone service providers dash plans for mobile payment network
  Category: Credit Card News
  May 16, 2011
  The nation's three largest cellphone service providers will now no longer attempt to take on the world's two biggest payment processing networks.more


• Citibank launches new airline card
  Category: Credit Card News
  May 16, 2011
  One of the nation's top lenders has once again rolled out a new credit card offer that allows borrowers to earn more airline miles for their purchases. This time, they've sweetened the deal with a large number of bonus points. more


• Mobile credit card payments a boon for smartphone industry
  Category: Credit Card News
  May 15, 2011
  The coming and long-awaited widespread adoption of smartphones with near-field communication technology that enables them to be used for credit card purchases will cause millions of new handsets to be introduced to the marketplace in the next few years.more


• Charge offs and delinquencies hit two-year lows
  Category: Credit Card News
  May 14, 2011
  Rates of both delinquent and charged off credit card accounts recently hit lows not seen since the beginning of the recession.more


• Visa unveils its mobile wallet plans
  Category: Visa Credit Card News
  May 13, 2011
  The highly-anticipated launch of the mobile credit card payment system from the world's largest payment processing network will come later this year.more


• Bank of America grants credit card holders fewer fees
  Category: Credit Card News
  May 13, 2011
  Consumers who carry a credit card issued by Bank of America may soon be able to avoid paying monthly fees for other bank services.more


• Small businesses offer discount for cash purchases
  Category: Credit Card News
  May 12, 2011
  In the past several months, many consumers may have found that some of their favorite small businesses are offering discounts to customers who make purchases with cash because these companies are attempting to avoid paying swipe fees to credit networks.more


• HSBC likely to change its credit card lending strategy
  Category: Credit Card News
  May 12, 2011
  In light of tumbling profits and revenues, a major U.S. lender is about to drastically revamp its credit card and banking businesses to free up capital for other aspects of its business.more


• Intuit looking at mobile credit card payment system
  Category: Credit Card News
  May 11, 2011
  The financial software company Intuit may soon be the next to throw its hat into the mobile credit card payment ring.more


• Consumer credit rose in March
  Category: Credit Card News
  May 11, 2011
  The amount of credit consumers carried increased once again in March, potentially indicating that Americans continue to feel better about their personal financial situations as the economy makes improvements.more


• Execs see better days for credit card industry
  Category: Credit Card News
  May 10, 2011
  While recent years have seen numerous laws passed that restrict the way credit card lenders can generate revenues, the growing consensus among many top executives is that the industry will only become more profitable in the next few years.more


• Consumers opened more credit cards in March
  Category: Credit Card News
  May 10, 2011
  The number of new credit card accounts being opened across the country has been on the rise in recent months, and the trend continued in March.more


• Debit card laws could affect eBay
  Category: Credit Card Legislation News, Prepaid/Debit Card News
  May 10, 2011
  While the focus on the proposed limit for debit card transaction fees has largely been on the nation's largest financial institutions, some analysts now wonder if the rule would also apply to the Internet's most popular and biggest auction site.more


• MasterCard may catch Visa if debit card restriction passes
  Category: Credit Card News
  May 10, 2011
  The controversial limit for debit card transaction fees that could go into effect later this year would have a big impact, not only on the merchants that pay the charges, but also on the world's largest payment processing network.more


• Loopholes remain in student lending laws
  Category: Student Credit Card News
  May 9, 2011
  Provisions of the Credit Card Accountability, Responsibility and Disclosure Act prevented lenders from offering college students physical gifts when they opened new accounts. As a consequence, institutions are giving young adults more attractive offers.more


• Institutions ease credit card standards, but consumers aren't biting
  Category: Credit Card News
  May 8, 2011
  Since the end of the recession, many financial institutions have eased standards on the type of consumers to whom they will grant new credit card accounts. That trend continued in the first quarter of the year.more


• Chase ends higher ATM fee test period
  Category: Credit Card News
  May 7, 2011
  Following a two-month test period in which it charged non-customers in some states significantly higher ATM fees, Chase said it would revert back to its standard charge.more


• More card use boosts MasterCard profits considerably
  Category: Credit Card News
  May 6, 2011
  Consumers used their MasterCard-branded debit and credit accounts more often during the first quarter of the year, spelling significantly higher profits for the world's second-largest payment processor.more


• Banks already trying to limit losses from new debit card rules
  Category: Credit Card News
  May 6, 2011
  Financial institutions have already begun making preparations for the severe losses they would face if a new rule from the Federal Reserve Board that would limit debit card transaction fees is implemented.more


• Business credit cards make sense for some
  Category: Credit Card News
  May 5, 2011
  While the rules that apply to consumer credit cards were not put in place for their small business counterparts, some independently owned companies may still benefit from such an account.more


• Florida's stolen credit card penalty could increase
  Category: Credit Card News
  May 5, 2011
  Thieves who are caught using a stolen debit or credit card in the state of Florida could soon face much stiffer penalties.more


• Lenders agree: Time to commit to chip and pin
  Category: Credit Card News
  May 4, 2011
  While most of the world has moved on to more advanced technology, almost all credit cards issued by American financial institutions still carry the same magnetic strip that the 1960's versions did. However, this is expected to change in the near future.more


• Mobile payment processing company reaches milestone
  Category: Credit Card News
  May 4, 2011
  One of the industry's leading processors of mobile credit card transactions recently announced it has quickly surpassed a new milestone.more


• Credit cards again being sought by consumers
  Category: Credit Card News
  May 1, 2011
  Many consumers may have shied away from using their credit cards during the recent recession in an effort to get a better handle on their finances, but now that the economy is improving again, some have returned once again to seeking new accounts.more


• Top lenders add further perks to credit card rewards
  Category: Airline Rewards Credit Card News
  April 29, 2011
  In an effort to help lure in some of the nation's most trustworthy borrowers, many lenders have begun adding perks to rewards credit card accounts.more


• Credit card charge offs slip for major lenders
  Category: Credit Card News
  April 28, 2011
  The rate at which consumers allowed their credit card accounts to become so delinquent that they were charged off by the nation's top lenders declined once again in March.more


• Visa invests in mobile credit card processing company
  Category: Visa Credit Card News
  April 28, 2011
  In a move that is sure to be a boon for the burgeoning startup, one of the nation's emerging processers of mobile credit card transactions recently struck a deal with the world's top payment network.more


• Credit cards, student debt contribute to young adults' financial woes
  Category: Credit Card News
  April 27, 2011
  Often, consumers who recently graduated from college face significant financial problems, and this trend has only been exacerbated by the economic shortcomings experienced across the country in recent years.more


• Bank of America to add large penalty rate
  Category: Credit Card News
  April 27, 2011
  In an effort to drive revenues that had previously been restricted by greater federal regulation, one of the nation's top credit card lenders will soon introduce a sizeable interest rate for any consumer who makes a late payment.more


• American Express may soon expand into prepaid cards
  Category: Credit Card News
  April 26, 2011
  Perhaps in an effort to expand into the quickly growing prepaid card industry, American Express recently hired a former MasterCard executive to head up its product development arm.more


• Data breaches involving credit card information decrease
  Category: Credit Card News
  April 26, 2011
  A growing number of major U.S. and multinational companies are now taking steps to better protect their customers' credit card information by becoming compliant with data security standards, and as a result, less information was exposed in 2010.more


• Most consumers don't spend rewards points often
  Category: General Rewards Credit Card News
  April 26, 2011
  Despite credit card lenders sending out more offers for rewards accounts, and consumers seemingly adopting them more eagerly, the rate at which Americans redeem their points is still quite low.more


• Consumers dissatisfied with new banking fees
  Category: Credit Card News
  April 25, 2011
  In recent months, as financial institutions have sought new ways to generate revenues in the face of greater federal regulation on debit and credit card accounts, Americans have seen the fees they pay for services increase.more


• Credit card debt still plagues many consumers
  Category: Credit Card News
  April 23, 2011
  Though a large amount of Americans are doing a better job of dealing with their outstanding obligations, some are still struggling with credit card debt despite knowing it puts them in a difficult situation.more


• Banks now slashing consumers' credit limits
  Category: Credit Card News
  April 22, 2011
  Many consumers have found out the hard way that credit card lenders are now cutting borrowing limits significantly after just one slight misstep in making their monthly payments.more


• Rules make it difficult for some to obtain credit cards
  Category: Credit Card News
  April 21, 2011
  Individuals who rely entirely on their spouse's income to make ends meet, but want to apply for a credit card of their own, may have significant difficulty doing so as a result of greater financial regulation of the lending industry.more


• Older consumers deal better with credit card debt
  Category: Credit Card News
  April 20, 2011
  While consumers in all demographics were affected at least somewhat by the nationwide economic downturn, many altered their borrowing habits, particularly those who had more experience in dealing with credit cards.more


• Credit card defaults still plague consumers
  Category: Credit Card News
  April 19, 2011
  In recent months, major national credit card lenders have all reported significant declines in the rates of both delinquent and charged off accounts, but these improved statistics are still higher than levels observed before the start of the recession.more


• Square's credit card reader now available through Apple
  Category: Credit Card News
  April 18, 2011
  Apple recently granted a company that manufactures devices to process remote credit card transactions permission to begin selling the product through its online and real-world stores.more


• New app lets consumers pay without checkout
  Category: Credit Card News
  April 18, 2011
  One of the most frustrating things about shopping can be waiting in long checkout lines, but now a new smartphone application lets consumers avoid this process by paying with a credit card on their handheld device.more


• High gas prices forcing consumers to use credit cards more often
  Category: Credit Card News
  April 17, 2011
  The cost of a gallon of gasoline has risen considerably in recent weeks, leaving many people scrambling to come up with the funds they need to fuel their vehicle. As a consequence, some are now using their credit cards to fund these necessary purchases.more


• Wells Fargo testing new credit cards with some clients
  Category: Credit Card News
  April 15, 2011
  Consumers who regularly travel overseas and have a credit card issued by Wells Fargo may soon receive a new piece of plastic that will make payments easier to complete when they're abroad.more


• Mobile credit card payments will be driven by third-party companies
  Category: Credit Card News
  April 15, 2011
  While companies like Apple and Google are certainly needed to foster widespread adoption of mobile credit card payment systems, it will likely be third-party businesses offering deals that really promote the platform.more


• Consumers using Target's store-issued credit cards more
  Category: Credit Card News
  April 14, 2011
  A new credit card issued by Target has already gained significant traction with consumers, and has successfully enticed carriers to spend more than other shoppers.more


• American Express invests in mobile payment company
  Category: American Express Credit Card News
  April 14, 2011
  One of the nation's largest credit card lenders is now looking to expand the number of its available payment platforms, and has invested heavily in a firm that may allow them to do so.more


• Debit card scams becoming more common
  Category: Prepaid/Debit Card News
  April 13, 2011
  Many consumers across the country may be wary of scams related to their credit card accounts, but a growing risk also comes from the threat of stolen debit card information.more


• AmEx announces new travel credit card promotion
  Category: American Express Credit Card News
  April 12, 2011
  As part of its efforts to entice new customers into opening rewards credit card accounts, American Express recently launched a new promotion that will give consumers deals on many different types of travel services.more


• Credit card debt protection costs consumers
  Category: Credit Card News
  April 11, 2011
  Many consumers may now receive marketing material from their credit card lender urging them to enroll in credit protection programs, which allow them to skip payments during certain personal financial crises.more


• Chase says it wants to reinstate debit rewards
  Category: Credit Card News
  April 11, 2011
  Customers at a number of the nation's largest banks recently learned that the institutions would be axing their debit card rewards programs, but now one financial institution says it may bring the popular offering back if a federal rule is delayed.more


• Mobile credit card payment will lead to profits for many
  Category: Credit Card News
  April 10, 2011
  While banks and mobile phone service providers would probably see massive revenues as a result of widespread adoption of consumers using their smartphones to make mobile credit card payments, other industries will also benefit from the boom.more


• Consumers cut credit card debt in February
  Category: Credit Card News
  April 9, 2011
  The total amount consumers across the country owed to their credit card lenders fell once again in February, marking the second consecutive month of declines.more


• Charge offs rose in March due to seasonal factors
  Category: Credit Card News
  April 8, 2011
  The rate at which Americans defaulted on their credit card debt rose for the first time in six months during March, but this was likely the result of seasonal adjustments.more


• Reporting mistake causes thousands of credit scores to tumble
  Category: Credit Card News
  April 8, 2011
  Consumers who have credit cards issued by HSBC may have recently found that their credit scores took a hit as a result of an error by one of the nation's three leading reporting bureaus.more


• New British Airways card grants massive sign-up bonus
  Category: Airline Rewards Credit Card News
  April 8, 2011
  Consumers who regularly fly on British Airways may soon be able to earn a significant number of bonus miles when they apply for a new credit card issued by the company.more


• Chrysler launches credit card program for car owners
  Category: General Rewards Credit Card News
  April 7, 2011
  Many consumers prefer to carry rewards credit cards as a way of earning points in exchange for making purchases, and now one of the nation's largest auto manufacturers will allow them to redeem those benefits at local dealerships.more


• Consumers increase online spending on credit cards
  Category: Credit Card News
  April 7, 2011
  Discretionary spending by consumers has been increasing steadily, but Americans seem far more interested in buying items online these days.more


• Massive mobile phone payment system to be tested in Utah
  Category: Credit Card News
  April 7, 2011
  A new, large-scale mobile phone credit card payment system will be tested in Utah beginning sometime next year before potentially being rolled out in other parts of the country.more


• Kohl's completes transfer of credit card portfolio
  Category: Credit Card News
  April 6, 2011
  Consumers who carry Kohl's store-branded credit cards now owe their outstanding balances to a different company.more


• Delinquency on bank-issued cards declines
  Category: Credit Card News
  April 6, 2011
  When it comes to credit cards issued by major lenders in the U.S., more consumers are paying their monthly bills with regularity.more


• Many mobile bankers would adopt NFC payments
  Category: Credit Card News
  April 6, 2011
  A growing number of Americans are using their smartphones to engage in mobile banking transactions, and a healthy portion of those consumers would also adopt mobile payments if given the option.more


• Debit rewards programs getting the axe from banks
  Category: Prepaid/Debit Card News
  April 5, 2011
  As banks face heavier regulation from federal agencies, they are now seeking ways to save more money on costly programs, including the elimination of popular debit card rewards programs.more


• Company launches new mobile credit card payment system
  Category: Credit Card News
  April 5, 2011
  Many companies are piling into the mobile credit card payment industry to capitalize on what is expected to be a major boom in coming years. Another company recently joined the mix.more


• Lenders expect bigger profits on better credit card payments
  Category: Credit Card News
  April 4, 2011
  Consumers' more conscientious credit card bill payments over the last few months have spelled increased borrower quality for all major lenders, most of whom now expect profits to grow as a result.more


• Major banks hit with email data breach
  Category: Credit Card News
  April 4, 2011
  A company that handles email addresses for the customers of many of the nation's largest credit card lenders, banks and retailers was recently hit by a team of hackers, potentially exposing sensitive data about these consumers.more


• Credit card balances continue to fall in troubled areas
  Category: Credit Card News
  April 2, 2011
  Many areas around the country that have seen credit card balances slip significantly in recent months have continued to have financial problems in other areas.more


• Banks may begin offering more prepaid cards
  Category: Prepaid/Debit Card News
  April 2, 2011
  As a result of both the growing popularity of prepaid cards and the rising fees banks are charging for previously free accounts, many financial institutions may soon begin offering prepaid cards to customers.more


• Chase axes foreign transaction fees for another card
  Category: Hotel Rewards Credit Card News
  April 1, 2011
  In keeping with a recent trend in the lending industry, one of the nation's largest financial institutions recently announced it would cut the fees consumers pay for making purchases overseas.more


• Credit card lenders targeting wealthy consumers for new accounts
  Category: Credit Card News
  April 1, 2011
  In an effort to help drive more revenues from credit card spending, many lenders are now focusing their marketing efforts on wealthy consumers.more


• Visa knew of electronic pickpocketing risk
  Category: Visa Credit Card News
  March 31, 2011
  Recent studies have found identity thieves can access information on credit cards with embedded RFID chips fairly easily. Now, new findings indicate Visa knew of this threat and did not warn its customers.more


• Many churches using credit card readers for donations
  Category: Credit Card News
  March 31, 2011
  In an effort to make it more convenient for parishioners to donate every week, many churches around the country have recently taken to using credit card readers to accept payments.more


• American Express launches new payment application
  Category: American Express Credit Card News
  March 29, 2011
  The credit card lender that handles the most purchases in the world recently announced it would launch online and mobile payment systems that are intended to compete with both Visa and PayPal.more


• Consumers pay down credit cards before mortgages
  Category: Credit Card News
  March 29, 2011
  The rate at which consumers pay down their credit card balances before addressing delinquent mortgage payments continues to rise across the country.more


• Google gets serious about mobile payment system
  Category: Credit Card News
  March 28, 2011
  Consumers with smartphones running Google's Android operating system will soon have more payment options when making purchases.more


• Mobile credit card payments not reality yet
  Category: Credit Card News
  March 28, 2011
  Consumers may be eager to begin using their smartphones instead of pulling out their credit cards to make a purchase, but it may be some time before that becomes standard practice.more


• Chase saw more defaulted credit card accounts in February
  Category: Credit Card News
  March 26, 2011
  Unlike most of the nation's largest credit card lenders, JPMorgan Chase recently announced that it the rate at which it had to strike bad credit card debt from its ledgers rose in February.more


• Industry-wide charge offs rose in February
  Category: Credit Card News
  March 24, 2011
  While the credit card industry has seen fewer instances of accounts having to be written off as uncollectable in recent months, there was an increase in this type of action during the month of February.more


• More credit card spending leads to big profits for Discover
  Category: Discover Credit Card News
  March 23, 2011
  One of the nation's largest credit card lenders recently saw its first-quarter profits hit an all-time high as a result of greater use of these accounts by consumers and fewer charge offs.more


• Foreign transaction fees bothersome to many
  Category: Credit Card News
  March 22, 2011
  When consumers travel overseas, many of the purchases they make using their credit cards may also result in costly fees for converting the transaction into a foreign currency.more


• More collections companies pursuing credit card debt
  Category: Credit Card News
  March 21, 2011
  Consumers who have had their seriously delinquent credit card debt charged off in the past may soon be facing a lawsuit from a collections agency to recoup at least part of that outstanding balance.more


• Americans once again growing dependent on credit
  Category: Credit Card News
  March 21, 2011
  While Americans significantly reduced the amount they owe to credit card companies in recent months, it seems many are once again beginning to increase their reliance on these accounts.more


• Delinquency dips slightly in February for American Express
  Category: American Express Credit Card News
  March 19, 2011
  One of the nation's largest credit card lenders recently announced it saw the number of accounts that were a month or more behind on payments fall once again in February.more


• Disclosure laws lead to better credit card rates
  Category: Credit Card News
  March 19, 2011
  While most experts agree that credit card rates have risen since the passage of the Credit Card Accountability, Responsibility and Disclosure Act, the increased rates may have been introduced regardless of the regulations.more


• Capital One sees fewer charge offs once again
  Category: Capital One Credit Card News
  March 18, 2011
  The rate at which consumers were late in paying their Capital One credit card debt fell once again last month.more


• Visa teams with PayPal competitors
  Category: Visa Credit Card News
  March 18, 2011
  In an effort to take a chunk out of the growing market for person-to-person payments, the world's largest credit and debit processing network has joined with two existing services to offer its users an alternative.more


• Bank of America sees credit card defaults tumble again
  Category: Credit Card News
  March 17, 2011
  The rate at which consumers with credit cards issued by Bank of America defaulted on their accounts, or allowed them to fall delinquent, fell once again in February.more


• New annual fee for Bank of America credit cardholders
  Category: Credit Card News
  March 15, 2011
  Consumers who are already deeply in debt on credit cards issued by Bank of America may soon find that they're paying even more to continue operating the account.more


• Startup company offers credit card debt reduction advice
  Category: Credit Card News
  March 15, 2011
  Many consumers are still struggling to reduce their outstanding credit card debt, and now a new company has launched a website designed to help them do so by maximizing the proper payments.more


• Magnetic strips on credit cards may soon become obsolete
  Category: Credit Card News
  March 14, 2011
  An increase in technological innovation and a move toward more secure purchases will likely spell the end of the little magnetic strip on the back of all American credit cards.more


• Rumors swirl that iPhone 5 won't support NFC
  Category: Credit Card News
  March 14, 2011
  While many industry experts thought Apple would include support for mobile credit card purchases in its upcoming iPhone release, a new report says that will not be the case. more


• Transaction fee battle rages as deadline approaches
  Category: Credit Card Legislation News, Prepaid/Debit Card News
  March 14, 2011
  In recent weeks, both the banking and retail industries have stepped up efforts to sway lawmakers' opinions over a proposed Federal Reserve Board rule that would limit the price businesses pay to process debit card transactions.more


• Credit card companies move to address 'electronic pickpocketing'
  Category: Credit Card News
  March 12, 2011
  Recent media reports suggest some consumers may face a risk of fraud if their credit card contains a chip that allows them to simply wave the plastic in front of a sensor.more


• Chargebacks can do significant financial damage to small businesses
  Category: Credit Card News
  March 11, 2011
  While many small businesses can drive revenues by accepting credit card payments from customers, some may also have trouble dealing with chargebacks when transactions are reversed by lenders.more


• New warnings issued over healthcare credit cards
  Category: Credit Card News
  March 11, 2011
  The practices surrounding the promotion of an increasingly popular type of credit card were recently investigated, and found to cause severe debt problems for cash-strapped consumers.more


• IRS charges those who pay taxes with credit card
  Category: Credit Card News
  March 10, 2011
  When the tax bill arrives, some consumers may not have enough cash on hand to pay their obligation to the government, and may consider doing so with a credit card. However, the IRS charges its own interchange fee for processing card transactions.more


• Consumers will try to avoid new bank fees
  Category: Prepaid/Debit Card News
  March 9, 2011
  In the coming months, many financial institutions will introduce new types of fees on existing accounts as a means of making up for revenues lost to greater financial regulation, though most consumers say they will be loathe to accept them.more


• Young adults taking on fewer credit cards
  Category: Student Credit Card News
  March 8, 2011
  The Credit Card Accountability, Responsibility and Disclosure Act prohibited a number of practices that may have led to young Americans taking on too much debt, and the law seems to be working as intended.more


• American Express teams with FourSquare to offer deals
  Category: American Express Credit Card News
  March 7, 2011
  Consumers who carry credit and charge cards issued by American Express will soon be able to access unique deals when they check into their favorite locations using the popular social tool FourSquare.more


• Credit networks commit to two-tiered swipe fee system
  Category: Credit Card Legislation News, Prepaid/Debit Card News
  March 7, 2011
  While it was briefly feared that smaller banks would have to pay more to credit processing companies when a customer uses one of their debit cards to make a purchase, five major networks say they will use a two-tiered fee system instead. more


• Prepaid cards may be less expensive than checking accounts
  Category: Prepaid/Debit Card News
  March 5, 2011
  While prepaid cards are often criticized for carrying high costs to consumers who use them regularly, a new study has found that they are less expensive annually than the average checking account.more


• San Antonio citizens have most credit card debt
  Category: Credit Card News
  March 4, 2011
  Many consumers increased their credit card spending in the final month of the year as the holidays approached, and as a result, many saw the balances they carried into the new year rise as well.more


• Capital One attempts to grow popularity in student market
  Category: Credit Card News
  March 4, 2011
  While Capital One is already among the six largest credit issuers in the country, it plans to expand its efforts to gain a foothold in issuing credit cards to college students.more


• Consumers use tax break to pay down credit card debt
  Category: Credit Card News
  March 3, 2011
  A recently slashed Social Security tax that was designed to help the economy did little to increase consumer spending, as individuals seem to have spent the leftover money paying down their outstanding credit card debt.more


• Bank of America adds BlackBerry to mobile payment tests
  Category: Credit Card News
  March 3, 2011
  There has been considerable talk about the possibilities of iPhones and Android-based handsets being outfitted with mobile wallet capabilities in the near future. Now, BlackBerry devices may be joining the conversation.more


• Apple iTunes has 200 million credit card subscribers
  Category: Credit Card News
  March 3, 2011
  The online music, video and game marketplace iTunes has been growing in popularity in recent years, so much so that Apple recently announced more than 200 million credit card accounts are connected to its media marketplace.more


• Credit cards will spur e-commerce growth
  Category: Credit Card News
  March 2, 2011
  The market for electronic transactions is due to boom in the coming years, driven by the ease of processing credit card purchases.more


• One major lender vows to keep checking free
  Category: Online Banking News
  March 2, 2011
  While many banks across the country are beginning to charge consumers for basic services and accounts in an attempt to recoup profits lost to greater federal regulation, one major financial institution says it will maintain free accounts. more


• Credit card delinquencies dropped in fourth quarter
  Category: Credit Card News
  March 1, 2011
  Consumers continued to reduce the rate at which they paid down their credit card debt on time in the fourth quarter of 2010, even as spending increased significantly.more


• Credit card fees still hurting small businesses
  Category: Credit Card News
  March 1, 2011
  Even after lawmakers and regulators significantly overhauled rules related to how much credit card networks could charge merchants for processing credit and debit card purchases, many small businesses continue to feel the pinch.more


• New credit card rates and fees affect poor disproportionately
  Category: Credit Card News
  February 27, 2011
  Credit card lenders have been steadily increasing rates and fees on new accounts they offer, but those with spottier borrowing histories and lower incomes are bearing the brunt of these added charges.more


• Customers would leave if banks charged for online features
  Category: Online Banking News
  February 24, 2011
  The vast majority of consumers now say they use their financial institutions' online banking options at least once a week, but those people would also stop doing so if the company began charging them for these services.more


• Square drops credit card transaction fees for businesses
  Category: Credit Card News
  February 23, 2011
  As the world of mobile credit card payment processing becomes more competitive, many participating companies may attempt to find new ways to stand out from the rest. Now, one industry leader has taken another major step.more


• Girl Scouts now accept credit card payments for cookies
  Category: Credit Card News
  February 23, 2011
  In the past, many consumers may have wanted to purchase the ever-popular Girl Scout cookies, but were unable to do so because they were not carrying cash. However, that will not be a problem this year.more


• Citi sees lower delinquency and charge off rates
  Category: Citibank Credit Card News
  February 19, 2011
  The delinquency and write off rate recorded by one of the nation's largest credit card lenders continued to decline in January to levels not seen since 2009.more


• Visa unveils mobile payment system at trade show
  Category: Visa Credit Card News
  February 18, 2011
  As a number of companies in different industries scramble to introduce systems that allow consumers to make credit card purchases using their smartphones, Visa has become one of the first to unveil a working product.more


• Lender drops controversial high rate credit card
  Category: Credit Card News
  February 17, 2011
  Earlier this year, one lender made considerable waves with consumers and news agencies when it was learned that the bank was offering troubled borrowers lines of credit with sky-high interest rates. more


• Bank of America adds new annual fee for credit cards
  Category: Credit Card News
  February 17, 2011
  Some consumers who carry Bank of America branded credit cards may have gotten some shocking news in the mail recently, as the financial institution will now add an annual fee to a number of accounts.more


• Some customers still wait for portable credit card readers
  Category: Credit Card News
  February 16, 2011
  While a number of companies have recently introduced credit card readers that work in conjunction with consumers' and small businesses' mobile devices, demand may be outstripping manufacturers' supplies.more


• Small businesses still have access to credit cards
  Category: Credit Card News
  February 16, 2011
  A large majority of the small businesses around the country have access to credit card accounts if they want to increase their financial flexibility.more


• New cardholders pay the bulk of credit card fees
  Category: Credit Card News
  February 15, 2011
  Many credit card lenders are looking for new ways to drive revenues in the face of greater regulatory control from the federal government. Often, a large percentage of the increased fees are paid by consumers who are getting their first credit card. more


• Capital One sees charge offs and delinquencies fall again
  Category: Capital One Credit Card News
  February 15, 2011
  One of the nation's six largest credit card lenders recently reported it experienced fewer instances of delinquent accounts and charge offs once again last month.more


• Thieves find high-tech way to steal credit card information
  Category: Identity Theft News
  February 14, 2011
  Advancements in credit card technology offer consumers more convenience when making purchases, but they may also pose a danger from tech-savvy thieves. more


• Consumers struggle to pay bills due to credit card changes
  Category: Credit Card News
  February 12, 2011
  Even as the economy continues to recover and more consumers are able to get a better handle on their finances, a sizeable portion of the population is still missing at least one major bill every month.more


• Consumer credit continues to grow in December
  Category: Credit Card News
  February 11, 2011
  In what could be a continuing sign that consumers are more comfortable with their financial situations, credit card debt grew in December.more


• Consumers less of a credit risk as demand sinks
  Category: Credit Card News
  February 11, 2011
  The rate at which consumers experienced troubles related to their credit card debt continued to decline in the final quarter of last year, and their demand for new accounts fell as well.more


• Retailers cannot ask cardholders for ZIP code
  Category: Credit Card News
  February 11, 2011
  A new California Supreme Court decision bars merchants from collecting consumers' ZIP codes during transactions.more


• Hackers sell consumers' credit card numbers
  Category: Credit Card News
  February 10, 2011
  A growing number of consumers have found that their personal and financial information is being sold on the black market through online stores.more


• Mobile credit card readers continue to grow in popularity
  Category: Credit Card News
  February 10, 2011
  Small business owners all over the country are now relying more heavily on mobile credit card readers that work with employees' smartphones to complete transactions when away from the office.more


• Debit card fee changes may not hurt banks as badly as they claim
  Category: Prepaid/Debit Card News
  February 10, 2011
  A recent proposal from the Federal Reserve Board would severely restrict the amount credit networks could charge retailers for processing debit card transactions, but experts now say this change would not do as much damage as banks claim.more


• Valentine's Day credit card spending likely to increase
  Category: Credit Card News
  February 9, 2011
  Consumers are expected to spend more on their credit cards for Valentine's Day despite continued concerns over their finances.more


• Lenders to lose considerably on new regulations
  Category: Credit Card Legislation News, Credit Card News
  February 8, 2011
  Although industry experts expected most credit card issuers would lose considerable revenue as a result of increased regulation of the lending industry, a recent study shows just how costly the new rules will be.more


• Credit card companies still charging exorbitant APRs
  Category: Credit Card News
  February 8, 2011
  Consumers with poor borrowing histories may have had a lot of trouble obtaining a new line of credit during the recession, but banks have recently loosened their credit card lending restrictions. However, these cards may still come with remarkably high interest rates.more


• Crooks can forge credit cards cheaply and easily
  Category: Credit Card News
  February 7, 2011
  Greater availability of the equipment necessary to manufacture phony credit cards has led to a serious problem for law enforcement officials.more


• Mobile options will change payment process for banks, consumers
  Category: Credit Card News
  February 5, 2011
  Major financial institutions and consumers alike can expect to see changes in the way they handle credit card and bank transactions.more


• New mobile payment option available for small purchases
  Category: Credit Card News
  February 4, 2011
  In the near future, many consumers will have the option of using their cell phone to make credit card purchases, but one company already has such a system in place that cuts out the middle man.more


• More consumers used their MasterCards in the fourth quarter
  Category: MasterCard Credit Card News
  February 4, 2011
  Americans may be getting a better handle on their finances as the country continues to emerge from the recession. This trend is reflected in a greater desire among consumers to use credit card accounts, which drove profits for the world's second-largest credit network.more


• Fewer small businesses sought credit cards last year
  Category: Credit Card News
  February 3, 2011
  The number of small businesses that attempted to obtain a credit card in 2010 declined from the number observed the previous year.more


• Credit and debit card transactions fuel Visa's fourth quarter profits
  Category: Visa Credit Card News
  February 3, 2011
  More consumers used their Visa branded credit and debit cards in the final three months of 2010, leading to a surge in profits for the world's largest processor of card transactions.more


• Discover rewards cardholders can find double points during their birthday month
  Category: Discover Credit Card News
  February 3, 2011
  As part of a continuing industry-wide effort to increase consumer interest in enrolling in credit card rewards programs, Discover recently launched a program that will grant borrowers double points one month per year.more


• Facebook's payment system could soon compete with credit cards
  Category: Credit Card News
  February 2, 2011
  The entire credit card industry is changing rapidly, with many companies poised to introduce mobile phone payment systems. It seems a popular social networking site could begin competing for a market share as well.more


• CFPB will push for clearer language
  Category: Credit Card Legislation News, Credit Card News
  February 2, 2011
  While the Consumer Financial Protection Bureau will not have the ability to begin making rules for the lending industry until late July, it has already begun setting up some of the overhauls it will make.more


• Consumers hit with decade-old Capital One debt
  Category: Capital One Credit Card News
  February 1, 2011
  A number of consumers around the country are now receiving bills for debt that was written off years ago, which say they owe thousands to lenders on long-forgotten accounts.more


• JPMorgan Chase closes popular debit rewards program to new customers
  Category: Prepaid/Debit Card News
  February 1, 2011
  One of the nation's largest banks will soon close registration of one of its most popular features in an effort to boost profits.more


• Expect debit card changes in 2011
  Category: Prepaid/Debit Card News
  February 1, 2011
  Banks are expected to raise fees associated with debit cards in the coming year, and as a result, consumers who use this popular payment option will likely end up paying more.more


• Lenders doubled credit card offers to consumers last year
  Category: Credit Card News
  January 31, 2011
  Many consumers across the country are now receiving more credit card offers, as lenders take a renewed interest in potential borrowers.more


• Many consumers turn to mobile banking
  Category: Credit Card News
  January 31, 2011
  Many consumers are now using their mobile devices to check their outstanding credit card balances or monitor their bank accounts.more


• December saw credit card charge offs decline again
  Category: Credit Card News
  January 28, 2011
  The number of credit card accounts that major lenders wrote off as uncollectable fell for the fourth consecutive month in December.more


• Many Americans still face serious credit card debt problems
  Category: Credit Card News
  January 28, 2011
  While large numbers of consumers nationwide continue to reduce their credit card balances with steady payments, some states still have massive debt problems.more


• Credit card fees disappear in PR move
  Category: Credit Card News
  January 27, 2011
  While many banks are increasing fees across the board, some lenders are completely removing them for credit cards, largely in an effort to change public perception.more


• Apple to launch mobile payments platform with iPhone 5
  Category: Credit Card News
  January 26, 2011
  When the latest version of the most popular cell phone in the country is released later this year, it will contain technology that makes mobile wallets widely available.more


• American Express turns big fourth-quarter profit on credit card spending
  Category: American Express Credit Card News
  January 26, 2011
  Even though consumers said they would be more cautious about using their credit cards during the holidays, one major lender saw an increase in profits paced by spending on these accounts.more


• Credit card offers to flood small businesses
  Category: Credit Card News
  January 25, 2011
  In the coming year, many consumers who own small businesses can expect to receive fewer credit card offers for themselves, and more for their companies.more


• Mobile credit card payments to become increasingly popular this year
  Category: Credit Card News
  January 24, 2011
  As a result of greater commitment from a number of industries and more widespread availability, many experts now believe that making credit card payments using a smartphone will become popular among consumers in 2011.more


• Credit card interest rates could be capped by new bill
  Category: Credit Card Legislation News, Credit Card News
  January 22, 2011
  Congress has made a number of changes to credit card rules over the last few years, but a new bill that was recently introduced could bring the biggest alteration yet.more


• Trojan steals credit card numbers from Android phones
  Category: Credit Card News, Identity Theft News
  January 21, 2011
  A new program that's being circulated for Android phones can listen to and transmit a consumer's credit card information.more


• All lenders see charge offs hit 2010 lows
  Category: Credit Card News
  January 21, 2011
  Each of the nation's largest credit card lenders saw consumers get a better handle on their accounts in the month of December.more


• Citi sees defaults hit 22-month low
  Category: Credit Card News
  January 20, 2011
  The amount of credit card accounts that one of the nation's largest lenders had to write off declined in December to the lowest point observed since February 2009.more


• Mobile payments could become the norm in 2011
  Category: Credit Card News
  January 20, 2011
  Many credit card lenders are hoping mobile payment systems will become a viable purchasing option, and new research says following Japan's lead may help American companies further expand the technology in the U.S.more


• Trend of consumers dumping credit continues
  Category: Credit Card News
  January 19, 2011
  Throughout 2010, many consumers opted to ditch their credit cards and instead rely on other payment options, including debit.more


• Starbucks now accepts mobile phone payments nationwide
  Category: Credit Card News
  January 19, 2011
  Starbucks recently became one of the first major national chains to begin accepting payment for purchases through applications on mobile devices.more


• Capital One says charge offs and delinquencies decreased in December
  Category: Capital One Credit Card News
  January 18, 2011
  In keeping with a trend that's held firm for a number of months, consumers continued to pay their credit card bills with increasing regularity despite the holiday shopping season, leading to fewer delinquencies and charge offs for one of the nation's largest lenders.more


• Prepaid card fees continue to cost consumers
  Category: Prepaid/Debit Card News
  January 18, 2011
  Over the holidays, many consumers likely received prepaid cards as gifts from relatives; however, they may not be aware of the high monthly fees some of these accounts carry.more


• Consumers less concerned about reducing debt in 2011
  Category: Credit Card Legislation News, Credit Card News
  January 17, 2011
  The number of Americans who say that they intend to pay off all of their credit card debt in 2011 has dipped slightly.more


• Chase automatically enrolling consumers in rewards programs
  Category: Airline Rewards Credit Card News
  January 15, 2011
  Many consumers with Chase airline miles rewards credit cards may have recently learned that they will receive an "upgrade" in their programs, but that improvement also came with a hefty fee.more


• JPMorgan credit card accounts drive profits
  Category: Airline Rewards Credit Card News, Credit Card News
  January 14, 2011
  High performance from the credit cards it issues allowed one of the nation's leading lenders to post a huge profit in the fourth quarter of 2010.more


• Target trying to sell credit card portfolio
  Category: Credit Card News
  January 14, 2011
  Due to slowing consumer interest in using store-branded credit cards, Target Corp. has hired an advisor to help it sell outstanding credit card debt it controls.more


• Mobile credit card transactions to boom in coming years
  Category: Credit Card News
  January 13, 2011
  Many companies are now offering small businesses the ability to process credit card transactions on the go, and the industry is expected to grow even more popular over the next five years.more


• Collections lawsuits continue to increase
  Category: Credit Card News
  January 13, 2011
  Many consumers are still trying to recover from the economic fallout of the recent recession, but a number of collections agencies are targeting borrowers with lawsuits over defaulted credit card accounts.more


• Battle over debit card fee caps continues
  Category: Credit Card Legislation News, Credit Card News
  January 13, 2011
  Recently, federal regulations were proposed that would prevent banks of all sizes from charging anything more than a low flat rate to consumers for processing payments made with a debit card.more


• Lobbying efforts by credit card lenders decreased
  Category: Credit Card News
  January 12, 2011
  Credit card lenders may have sensed a change in the financial environment during the third quarter of 2010, as they mostly scaled back their lobbying efforts in Washington, D.C.more


• Young consumers more worried about credit card debt in 2011
  Category: Credit Card News
  January 12, 2011
  Many Americans are concerned about their finances these days, but it seems that younger consumers are more focused on reducing their reliance on credit cards than their older counterparts.more


• New prepaid card can help parents teach kids about finances
  Category: Prepaid/Debit Card News
  January 12, 2011
  While many teenagers remain uneducated about what it takes to properly deal with their finances, a new type of prepaid card may be able to help parents show them the way.more


• Credit card delinquencies rose in the third quarter
  Category: Credit Card News
  January 11, 2011
  The rate at which consumers were unable to pay their credit card bills rose slightly in the third quarter of 2010, partly because of continued unemployment issues experienced nationwide.more


• Credit card reader for Mac now available through App Store
  Category: Credit Card News
  January 11, 2011
  Apple recently launched a Mac-only version of its popular App Store, and one company that sells a credit card reading program has reaped serious benefits already.more


• Company offers mobile payment processing with no monthly fee
  Category: Credit Card News
  January 11, 2011
  Many small businesses need to process credit card purchases away from a checkout counter, and now a company is offering them a number of perks if they sign up in the near future.more


• Consumers would have used credit cards less before recession
  Category: Credit Card News, Credit Crunch News
  January 10, 2011
  Most Americans have changed their attitudes toward credit cards since the start of the recession, and now some say they should have done things differently to avoid their past and current money troubles.more


• Preapproved credit card offers still being sent to students
  Category: Student Credit Card News
  January 10, 2011
  Many college students are still receiving offers for preapproved credit card accounts from major lenders despite laws designed to prohibit this practice.more


• Visa adds more protection against credit card fraud
  Category: Visa Credit Card News
  January 9, 2011
  As part of the ongoing effort to combat identity theft, Visa recently added to its credit card fraud prevention system.more


• Credit card lenders offer new rewards incentives
  Category: Credit Card News
  January 8, 2011
  Many major financial institutions have been forced to add a number of fees to most accounts in order to recover losses, stemming from recent federal regulations. However, getting consumers to accept these new costs has taken a bit of work.more


• Wells Fargo to test another smartphone payment system
  Category: Credit Card News
  January 8, 2011
  Many companies have initiated testing of systems that allow consumers to make credit card purchases with near-field communication chips in their smartphones, and Wells Fargo is just the latest to join the fray.more


• Bank of America now links checking benefits to credit card use
  Category: Credit Card News
  January 7, 2011
  Like many major financial institutions, Bank of America is introducing a slew of new accounts, aimed at encouraging consumers to use their credit cards at the same time.more


• Citi to launch smart credit cards soon
  Category: Citibank Credit Card News
  January 7, 2011
  One of the first major credit card companies in the country to embrace new technology, Citi will soon roll out "smart" cards that allow customers to switch between payment options with the push of a button.more


• Companies offer cash prize for creatively destroying credit cards
  Category: Credit Card News
  January 7, 2011
  Some consumers have been relying less their credit cards in recent months, but now a new contest will give them a prize for taking that attitude one step further.more


• Google working on mobile payment system
  Category: Credit Card News
  January 6, 2011
  In what may be the biggest step yet in the popularization of using a smartphone to make credit card payments, Google may soon launch its own program.more


• Debit swipe fee caps would cost lenders billions
  Category: Credit Card Legislation News, Credit Card News
  January 6, 2011
  In recent months, many credit networks have seen profits slip as new regulations limited their revenue streams. Now, a new proposal could have an even bigger impact.more


• Lenders now required to disclose credit report access
  Category: Credit Card Legislation News, Credit Card News
  January 5, 2011
  Financial institutions now have to inform loan applicants as to whether they used credit reports to determine their rate.more


• Gift card rules to be enacted soon
  Category: Prepaid/Debit Card News
  January 5, 2011
  By the end of the month, businesses that issue gift cards will have to become compliant with federal regulations announced over the summer.more


• CARD Act may have locked out subprime borrowers
  Category: Credit Card Legislation News, Credit Card News
  January 4, 2011
  Many consumers no longer have access to credit card accounts because of past money troubles, and some now believe that the Credit Card Accountability, Responsibility and Disclosure Act may have played a role.more


• Discover eliminates balance transfer rates on some cards
  Category: Discover Credit Card News
  January 4, 2011
  Many consumers who want to reduce the amount they owe on their credit cards may have considered transferring the balance from one card to another with a lower interest rate. Now a new offer from Discover may help them.more


• Consumers now get more incentive to open credit cards
  Category: Cash Back Credit Card News
  January 4, 2011
  Many Americans have stopped using their credit cards in recent months or closed their accounts entirely. But as a means of convincing them to open new accounts, lenders are now increasing the incentives they offer and the volume with which they are sending applications out. more


• Rewards cards encourage consumers to take on more debt
  Category: General Rewards Credit Card News
  January 3, 2011
  Many consumers are choosing to open credit card accounts that give them cash-back rewards for every purchase they make, but according to a new government report, these cards lead to more spending and greater debt.more


• Consumers still spending on credit cards despite worries
  Category: Credit Card News
  January 3, 2011
  Many Americans have made a greater effort to reduce their reliance on credit cards in recent months, but the latest statistics show that they still carry a large amount of debt per person.more


• New Fed credit card rule under fire from major companies
  Category: Credit Card Legislation News, Credit Card News
  January 3, 2011
  A number of major national corporations have come forward recently to voice their concerns over a proposed lending rule from the Federal Reserve Board.more


• Credit card use continues to decline
  Category: Credit Card News, Economy News
  December 30, 2010
  Even as holiday shoppers spent 13 percent more money than they did last year, consumers are still turning away from credit cards consistently these days.more


• AmEx Platinum card drops foreign currency charges
  Category: Airline Rewards Credit Card News, American Express Credit Card News
  December 29, 2010
  In an effort to provide greater value to current cardholders and entice more consumers to open new accounts, American Express recently announced it would radically alter the benefits customers receive with its Platinum card.more


• Chase lent more than $10 billion to small businesses in 2010
  Category: Credit Card News
  December 29, 2010
  Credit cards are one of the most important accounts a small business can have because they help bridge financial gaps that may impede their growth. This year, Chase said it extended billions in credit to thousands of companies nationwide.more


• New credit card reader the latest mobile processing device
  Category: Credit Card News
  December 28, 2010
  Advancements in technology have allowed many small businesses to become more mobile, as a number of companies have recently introduced credit card readers that work with wireless devices. The newest will turn any laptop into a point-of-sale terminal.more


• Vermont joins credit card antitrust suit too
  Category: Credit Card Legislation News, Credit Card News
  December 27, 2010
  Earlier this fall, the U.S. Department of Justice brought an antitrust suit against the nation's three largest credit card companies. Since then, a number of states, including Vermont, have joined the lawsuit.more


• Company offers automatic rebates for credit card purchases
  Category: Credit Card News
  December 27, 2010
  Consumers have attempted to save more money in recent months by shying away from credit cards, and instead, utilizing debit cards. However, one company will now reward consumers when making either type of purchase.more


• Direct mail credit card offers largely for rewards account
  Category: Credit Card News
  December 27, 2010
  In the past few years, credit card companies sent consumers fewer offers for new accounts because many individuals were not deemed creditworthy. However, recent economic improvement has a number of lenders increasing their rewards cards offers to attract new customers.more


• Credit cards a major cause of bankruptcy among senior citizens
  Category: Credit Card Legislation News, Credit Card News
  December 26, 2010
  The large majority of bankruptcy filings from senior citizens stem from credit card debt.more


• November sees fewer charge offs and delinquencies
  Category: Credit Card News
  December 24, 2010
  The number of credit card accounts that consumers had difficulty paying declined once again in November, leading to recent lows in delinquencies and defaults. more


• Credit card rate case reaches U.S. Supreme Court
  Category: Credit Card Legislation News, Credit Card News
  December 23, 2010
  A legal battle over retroactive rate hikes as penalty for a late payment recently reached the U.S. Supreme Court. The outcome of the case could affect the way the industry handles such increases in the future.more


• Lower card transaction fees may not help consumers
  Category: Credit Card Legislation News, Credit Card News
  December 21, 2010
  While many have championed recent rules passed by the Federal Reserve Board, which restrict interchange fees charged to merchants for debit card transactions, some economic experts say they may not help consumers as much as expected.more


• Antitrust suit against credit card companies grows
  Category: Credit Card Legislation News, Credit Card News
  December 21, 2010
  The number of states joining a recent antitrust suit against the country's three largest credit card companies grew once again this week, as Utah entered the legal battle.more


• Citi rolls out new set of cards for foreign transactions
  Category: Citibank Credit Card News
  December 20, 2010
  In the past, when consumers wanted to make a credit card purchase in a foreign country, they had to pay hefty transaction fees for converting their American currency. But with a new set of credit cards from Citi, that is no longer the case.more


• Travelex introduces microchip card for travelers
  Category: Credit Card News, Prepaid/Debit Card News
  December 20, 2010
  When U.S. consumers travel in Europe, they will likely have difficulty finding a merchant that can process purchases made with an American credit card. But one company is now offering them a solution with a new kind of prepaid card.more


• Paying monthly bills leaves consumers with no money to save
  Category: Credit Card News
  December 20, 2010
  Increased financial obligations have left more than half of consumers unable to put any money into their savings for many months.more


• November charge offs, delinquency drop for Bank of America
  Category: Credit Card News, Economy News
  December 19, 2010
  Delinquency and default rates for Bank of America credit card accounts dropped again in November. more


• Lenders sending new offers to first-time defaulters
  Category: Credit Card News, Credit Crunch News
  December 18, 2010
  Consumers who struggled with their credit card accounts to the point that they were written off in the past are now beginning to receive new offers from a number of major lenders.more


• Capital One says charge offs increased, delinquencies fell in November
  Category: Capital One Credit Card News
  December 17, 2010
  While the rate of Capital One accountholders who were behind in their credit card payments declined in November, the number who could not pay their bills at all increased.more


• November brings less delinquency and default for Citi
  Category: Citibank Credit Card News, Economy News
  December 16, 2010
  Consumers with credit cards issued by Citibank seem to have had an easier time dealing with their finances in November, as the company reported declines in both delinquent and defaulted accounts.more


• Store-issued credit cards the latest target for Zeus botnet
  Category: Credit Card News
  December 16, 2010
  The Zeus botnet, an incredibly popular and effective tool among hackers for compromising consumers' computers in hopes of gaining their personal information, has now been designed to specifically steal store-issued credit card numbers.more


• Many changes coming in the credit card industry next year
  Category: Credit Card News
  December 16, 2010
  The credit card industry is expected to go through some major changes during the next year based on three key financial themes. more


• Alternative payment methods become popular as consumers avoid credit cards
  Category: Credit Card News
  December 15, 2010
  Americans have made a conscious effort to eschew using credit cards in recent months, and that has led to a rise in popularity for other payment options, including those utilized when making online purchases.more


• Visa smartphone app gives users discounts at major retailers
  Category: Visa Credit Card News
  December 15, 2010
  The world's largest credit network has unveiled a new smartphone application that will offer its customers increased convenience and exclusive discounts at more than 50 merchants.more


• Electronic wallets keep track of credit card use
  Category: Credit Card News
  December 14, 2010
  When consumers make a purchase using their debit or credit card, it can be difficult to keep track of the value of those transactions because there's no physical reminder. However, a new type of wallet is designed to change that.more


• Charge offs and delinquencies fell again in October
  Category: Credit Card News, Economy News
  December 14, 2010
  In keeping with a recent trend of consumers increasing the rates at which they pay off their credit card debt, the nation's major lenders reported fewer charge offs and delinquencies in October.more


• Debt collectors face paperwork problems
  Category: Credit Card News
  December 14, 2010
  Companies that specialize in collecting defaulted credit card debt from consumers may now be facing a similar problem as the mortgage lenders who engaged in the controversial practice of robosigning foreclosure agreements.more


• Credit card offers being extended again
  Category: Credit Card News
  December 13, 2010
  In recent months, many lenders have begun sending out a glut of credit card offers to consumers after retreating from the practice during the prior three years.more


• Senators urge Federal Reserve to protect consumers
  Category: Credit Card Legislation News, Credit Card News
  December 13, 2010
  As the Federal Reserve Board is poised to convene for a discussion of how to properly set rules related to debit card swipe fees charged by major lenders, a group of U.S. senators is calling for consumer protections to be part of the rules.more


• Forecast says credit card delinquency will decline in 2011
  Category: Credit Card News
  December 12, 2010
  Many consumers have had an easier time paying their credit card bills in 2010, and that trend should continue into 2011, easing delinquencies as a result.more


• Debit card transaction fees may soon be limited by Fed
  Category: Credit Card Legislation News, Credit Card News
  December 12, 2010
  Interchange fees for debit cards, charges retailers pay for every debit transaction they process, may soon be limited by the Federal Reserve Board.more


• Hackers target Visa and MasterCard over WikiLeaks row
  Category: MasterCard Credit Card News, Visa Credit Card News
  December 11, 2010
  The world's two largest processors of debit and credit card payments were recently attacked by a large and notorious group of hackers over anger at their role in the ongoing WikiLeaks controversy.more


• Electronic payments make up vast majority of noncash purchases
  Category: Credit Card News
  December 10, 2010
  As technology has continued to make it easier for consumers to make electronic payments, that convenience has led to a boom in Americans using this option when making a purchase.more


• Consumers believe recovery will help them pay credit card bills in 2011
  Category: Credit Card News
  December 9, 2010
  The economic downturn has caused many Americans to worry about their personal finances. Although the economic recovery is still working to gain momentum, a growing percentage of consumers think they will get a better handle on their existing credit card debt next year.more


• Latest Android OS won't support mobile credit card payments
  Category: Credit Card News
  December 9, 2010
  When the latest version of the popular Android smartphone operating system was announced, many were excited that it would enable near-field communication, which could allow a device to become a sort of digital wallet. However, its release has shown otherwise.more


• Consumer credit continues to climb in October on nonrevolving loans
  Category: Credit Card News, Economy News
  December 9, 2010
  Following a month of modest gains thanks to an increase in nonrevolving loans, October saw consumer credit jump more significantly, even as consumers continued to cut back on their credit card use.more


• American Express profits boom on fewer defaults, more borrowing
  Category: Credit Card News, Economy News
  December 8, 2010
  While many credit card lenders have attributed their profits in recent months to fewer consumers defaulting on their balances, American Express was able to credit a steep increase to a jump in spending.more


• Minnesota attorney general sues Discover over consumer deception
  Category: Credit Card Legislation News, Discover Credit Card News
  December 8, 2010
  In recent weeks, numerous consumer groups have complained about deceptive lending practices from Discover that lead to customers being enrolled in payment protection programs, and now Minnesota is suing the company over these procedures.more


• Warren vows clarified language in credit card agreements
  Category: Credit Card Legislation News, Credit Card News
  December 7, 2010
  In a recent speech, Elizabeth Warren said she believes one of the primary duties of the new federal consumer protection agency should be to make sure credit card agreements are easier for consumers to understand.more


• Apple won't turn over subscriber credit card data to magazines
  Category: Credit Card News
  December 7, 2010
  A number of large magazine publishers are now in a war of words with Apple over the computer giant's refusal to turn over personal information, including credit card numbers, of people who subscribe to periodicals through their iPad.more


• Consumers shunned credit cards on Black Friday
  Category: Credit Card News, Economy News
  December 7, 2010
  Prior to the holiday season, a number of polls found that many consumers were planning to avoid their credit cards to make gift purchases. Statistics from Black Friday weekend show consumers backed up that promise.more


• Unemployment and charge off rates no longer tied together
  Category: Credit Card News, Credit Crunch News
  December 6, 2010
  In the past, the rates of credit card defaults and delinquencies moved more or less alongside the national unemployment number, but many industry experts believe this will no longer be the case.more


• Consumers cutting more debt than ever
  Category: Credit Card News, Economy News
  December 4, 2010
  As consumers became more wary of their debt problems during the national recession, many made a concentrated effort to cut down their total balances, and most have succeeded.more


• Federal Reserve official says debit cards more popular
  Category: Credit Card News, Prepaid/Debit Card News
  December 3, 2010
  As the national economy continues to improve and consumers do more to get their finances in order, many are turning to debit instead of credit as their primary payment method.more


• American Express announces rewards for online games
  Category: American Express Credit Card News, Credit Card News
  December 3, 2010
  Zynga, the company responsible for popular Facebook games, recently announced a partnership with American Express that will give cardholders bonus points to buy exclusive virtual goods.more


• Citi announces credit card programs for holidays
  Category: Citibank Credit Card News
  December 2, 2010
  As the holidays approach, many credit card lenders are increasing the number of programs designed to entice consumers into using their accounts more often to buy gifts.more


• Consumers spend more than $1 billion on Cyber Monday
  Category: Credit Card News, Economy News
  December 2, 2010
  Cyber Monday, the online version of Black Friday, when internet retailers offer steep discounts on popular items, continues to be a big hit. This year, consumers around the world spent more than a billion dollars at American websites.more


• More consumers turning to debit cards
  Category: Credit Card News, Prepaid/Debit Card News
  December 1, 2010
  Many recently released surveys indicate Americans may use their credit cards less this year than in years past. more


• New digital payment option will soon be tested nationally
  Category: Credit Card News
  December 1, 2010
  Following the release of numerous smartphone-based payment options during the last few months, two Iowa programmers recently unveiled a new application that will provide users with many innovative features.more


• Consumer sentiment, holiday spending a boon to credit card companies
  Category: Credit Card News
  November 30, 2010
  As consumers feel better about their personal finances, they're likely to spend more of their disposable income, rather than save it. Because shopper sentiment is growing again during the holiday season, many credit networks are likely to profit.more


• Credit card delinquencies continue to decline
  Category: Credit Card News
  November 29, 2010
  The number of consumers who allowed their credit card payments to fall seriously behind in the third quarter of the year decreased to levels not seen since 1999.more


• Shoppers will spend more this holiday season while avoiding credit cards
  Category: Credit Card News
  November 25, 2010
  A majority of consumers say they will spend either as much as or more than they did last year during the coming holiday season, even though many say they are worried about credit card use.more


• Consumers feeling less worry over credit cards, other debt
  Category: Credit Card News
  November 24, 2010
  As the national amount of consumer credit continues to decline, more Americans say their debts are no longer the concern they once were.more


• Merchants may begin offering discounts to some credit card users
  Category: Credit Card News
  November 23, 2010
  Due to the antitrust lawsuit that major credit networks Visa and MasterCard recently settled with the government, they will soon begin offering credit cards that carry lower transaction fees to consumers.more


• Chase offers holiday rewards benefits
  Category: Credit Card News, General Rewards Credit Card News
  November 23, 2010
  Many companies, including retailers, are offering greater rewards for credit card use this holiday season, and Chase, one of the largest credit card lenders in the country, is no different.more


• Mobile phone payments not expected to hurt credit card use yet
  Category: Credit Card News
  November 22, 2010
  Though several large cellphone manufacturers will soon begin offering near-field communication payment options, some experts don't believe traditional credit card makers have anything to fear just yet.more


• Salvation Army now accepting credit card payments in many states
  Category: Credit Card News
  November 22, 2010
  Members of the Salvation Army ringing bells next to their famous red kettles are a common sight to holiday shoppers. But this year, instead of dropping some loose change into the bucket, consumers can donate with a credit card.more


• Poll shows consumers will avoid credit cards for holidays
  Category: Credit Card News, Credit Crunch News
  November 22, 2010
  Another poll has found that consumers will avoid using a credit card as much as possible during the coming holiday season.more


• Google to take on credit cards with new Android OS
  Category: Credit Card News
  November 20, 2010
  Many in the electronics industry have been searching for a way to make credit card information digital so they can eliminate the relatively unsafe pieces of plastic. Google may help do it.more


• Store credit card rates higher than most other accounts
  Category: Credit Card News
  November 19, 2010
  Major retailer-branded credit cards tend to carry much higher rates than traditional cards, a fact consumers should consider before filling out an application. more


• Variable credit card rates continue to climb
  Category: Credit Card News
  November 19, 2010
  The national average rate on variable credit cards ticked up once again for the week ending November 17.more


• Facebook testing new payment option for online credits
  Category: Credit Card News
  November 19, 2010
  A new option for people who buy Facebook's Credits online currency is now being tested.more


• Credit card sales drive Target profits in third quarter
  Category: Credit Card News
  November 18, 2010
  Profits from its credit card division drove sharper profits for large retailer Target in the third quarter.more


• Holiday credit card use expected to hit lowest point since 2002
  Category: Credit Card News
  November 18, 2010
  More Americans say they will cut back on their credit card use, relying instead on cash and debit cards to pay for the majority of their purchases.more


• American Express says it's uncertain about economy
  Category: Credit Card News
  November 18, 2010
  Though many lenders are seeing fewer defaults on bad loans, they're also dealing with less demand for new lines of credit. As a result, they remain uncertain about the country's economic future.more


• Chase sees charge offs drop to lowest point in a year
  Category: Credit Card News
  November 17, 2010
  The nation's largest credit card lender said its charge off rate dropped in October to a low not seen in the last 12 months.more


• Credit card users say they will spend less this holiday season
  Category: Credit Card News
  November 16, 2010
  While many consumers have said they will eschew their credit cards this holiday season, a new study found even those who will use these accounts will scale back the amount they spend. more


• More lenders offering holiday deals to consumers
  Category: Cash Back Credit Card News, Credit Card News
  November 16, 2010
  Many consumers report they plan to use their credit cards less to buy gifts for loved ones this holiday season. In response, more lenders are offering greater rewards and deals to those who pay with plastic. more


• Consumers turn to cash instead of credit cards
  Category: Credit Card News
  November 15, 2010
  Americans are beginning to spend more money, but they're doing it without using credit cards. Instead, consumers have opted to make the majority of their purchases with cash.more


• American Express launches new site for cardholder deals
  Category: American Express Credit Card News, Credit Card News
  November 15, 2010
  Consumers who carry an American Express card now also have access to a site allowing them to get discounts and free shipping on some purchases and earn bonus points.more


• Credit card debt makes up smaller portion of total consumer credit
  Category: Credit Card News
  November 13, 2010
  The amount of money people owe to lenders on their credit cards has shrunk considerably in recent years, with its growth rate slowing since early 2008.more


• American Express to promote Small Business Saturdays
  Category: Credit Card News
  November 12, 2010
  As part of an effort to encourage consumers to use their credit card at independently owned businesses, American Express recently began promoting a new shopping holiday.more


• Lenders likely to roll out more fees in the near future
  Category: Credit Card News
  November 12, 2010
  While the Credit Card Accountability, Responsibility and Disclosure Act outlawed a number of practices, including the introduction of fees and rate hikes without proper notice, some lenders are now finding ways around these restrictions.more


• Social media financial discussions focus on credit cards
  Category: Credit Card News
  November 11, 2010
  When consumers talk about their finances on popular social networking sites, they discuss their credit cards more often than other fiscal matters.more


• Consumers plan to take on less credit card debt this holiday season
  Category: Credit Card News, Credit Crunch News
  November 11, 2010
  Many consumers across the country are still wary of taking on credit card debt as the economy continues to make slow improvements. A recent survey found this newfound caution may have a significant effect on holiday spending.more


• Government agency targets credit card ambiguities
  Category: Credit Card Legislation News, Credit Card News
  November 11, 2010
  The new head of the Consumer Financial Protection Bureau said the first order of business for her agency is to iron out some of the unclear parts of the latest credit card reforms.more


• Consumers closed credit card accounts at slower rate in third quarter
  Category: Credit Card News, Credit Crunch News, Economy News
  November 10, 2010
  While consumers worked toward eliminating some of their credit card balances in the third quarter, the rate at which these accounts were closed slowed slightly from the previous period.more


• Apple iPhone owners more likely to use credit cards often
  Category: Credit Card News
  November 10, 2010
  Consumers who own an Apple iPhone are more likely to use their credit cards to rack up big purchases every month than those who have other smartphones.more


• Kardashians launch prepaid credit card line for teens
  Category: Credit Card News, Prepaid/Debit Card News
  November 9, 2010
  One of the most popular reality television families is now entering the financial realm in an effort to teach teens how to handle their money responsibly.more


• More consumers avoid credit cards with layaway
  Category: Credit Card News, Credit Crunch News
  November 9, 2010
  To limit their credit card debt, some consumers have turned to alternative purchasing methods, such as layaway, to buy items.more


• Many still dissatisfied with cards despite lower debt
  Category: Airline Rewards Credit Card News, Credit Card News
  November 9, 2010
  While many consumers have cut their credit card use in recent months, a large percentage still say they aren't satisfied with their accounts.more


• Many lenders again offer eco-friendly rewards cards
  Category: Credit Card News, General Rewards Credit Card News
  November 8, 2010
  As some consumers became more Earth-conscious in 2008, credit card issuers helped them support environmental causes by turning their rewards points into donations to charities. Now lenders are beginning to do so again.more


• Mobile phones allow for most secure credit card payment options
  Category: Credit Card News
  November 8, 2010
  Two online company leaders say using a cell phone to make online transactions is a safe and secure option for consumers.more


• Consumer credit drops sharply in September
  Category: Credit Card News, Economy News
  November 8, 2010
  The amount of credit card debt consumers carry dropped considerably between August and September.more


• Many mislabeled holiday gift cards still for sale
  Category: Credit Card News
  November 8, 2010
  Part of the Credit Card Accountability, Responsibility and Disclosure Act changed rules related to the explanations of fees and rates printed on gift cards. However, many cards will not be changed ahead of the holiday season because they were grandfathered in.more


• Consumer spending now at pre-recession levels despite less credit card use
  Category: Credit Card News, Economy News
  November 7, 2010
  American consumers are once again spending as much in cash and on their debit and credit cards as they did before the recent economic crisis took hold.more


• Lenders bring back cards with zero percent interest
  Category: Credit Card News
  November 6, 2010
  After months of tightening lending restrictions that locked many consumers out of the credit system, credit card issuers are now offering accounts with no introductory rate.more


• Chase drops foreign transaction fee on British Airways card
  Category: Airline Rewards Credit Card News, Credit Card News
  November 5, 2010
  Typically, when consumers travel to other countries and want to use their credit card, they can expect to pay a small fee on top of the purchase price to complete a transaction. However, one lender is now waiving that charge on one type of card.more


• September credit card defaults fall to 18-month low
  Category: Credit Card News
  November 4, 2010
  The rate at which credit card lenders had to write off Americans' debt fell in September to a low not observed since the middle of 2008.more


• Apple iPhone 5 may come with built-in chip for credit card purchases
  Category: Credit Card News
  November 4, 2010
  The iPhone 5 will come out this spring and might include a small computer chip consumers will be able to program to hold their credit card information, making purchases through near-field communication systems possible.more


• American Express introduces new airline miles card
  Category: Airline Rewards Credit Card News, American Express Credit Card News
  November 3, 2010
  Right ahead of the nation's peak holiday travel season, American Express said it would launch a new card account that gives consumers more options for their airline rewards.more


• Discover offers greater rewards this holiday season
  Category: Cash Back Credit Card News, Discover Credit Card News
  November 3, 2010
  In an attempt to convince more consumers to take on credit card debt this holiday season, Discover will begin doubling cash back rewards on a number of its accounts.more


• MasterCard records big profit on increased spending
  Category: Credit Card News, MasterCard Credit Card News
  November 2, 2010
  As more consumers used credit and debit cards issued by MasterCard, the second-largest payment network in the world, the financial giant posted a 15 percent profit in the third quarter.more


• Consumers rein in credit card spending at small businesses
  Category: Credit Card News
  November 2, 2010
  As consumers have spent less on their credit cards in recent months, it hasn't just been major companies that have suffered the consequences. Smaller businesses with brick-and-mortar locations have also felt the pinch.more


• New global credit card security standards announced
  Category: Credit Card News
  November 1, 2010
  Most of the latest additions to the payment card industry data security standards clarify existing requirements, which will make the next generation of credit cards safer for consumers.more


• Lenders Increasing Credit Card Rewards as Holidays Approach
  Category: General Rewards Credit Card News
  November 1, 2010
  As the holiday season nears, lenders and companies have increased their credit card rewards offers to entice consumers.more


• Lenders paid colleges $83.5 million for promoting credit cards
  Category: Credit Card News, Student Credit Card News
  October 29, 2010
  Over a thousand colleges, universities and affiliated organizations across the country had agreements with credit card lenders that saw them promote accounts to students, faculty, staff and alumni. These groups received millions for their participation.more


• Starbucks broadens mobile payment test system
  Category: Credit Card News
  October 27, 2010
  Starbucks is expanding its smartphone payment application to the New York City region. more


• Company offers prepaid cable services for those without credit cards
  Category: Credit Card News
  October 27, 2010
  Active Broadband Networks will now offer the ability to access cable service to consumers without credit cards.more


• Unemployed hardest hit by restrictive credit card lending
  Category: Credit Card News, Credit Crunch News
  October 27, 2010
  Consumers who have good credit scores are being rewarded with some of the best offers industry experts have seen in awhile. On the other hand, those struggling through unemployment are being locked out of the credit system completely.more


• Lenders would allow more debt, but consumers aren't interested
  Category: Credit Card News
  October 25, 2010
  As credit card balances fall and credit scores continue to rise, lenders may see consumers as more qualified candidates for new lines of credit.more


• Credit card debt keeping seniors out of retirement
  Category: Credit Card News, Credit Crunch News
  October 25, 2010
  Financial troubles brought on by the national recession have resulted in many senior citizens running up so much credit card debt that they can no longer afford to retire.more


• Uncertainty lingers in credit card industry after federal suits
  Category: American Express Credit Card News, Credit Card News, MasterCard Credit Card News, Visa Credit Card News
  October 25, 2010
  Many industry experts are unsure of what to expect from the credit card industry after the U.S. Justice Department brought lawsuits against three major lenders earlier this month.more


• New credit card reader for portable devices released
  Category: Credit Card News
  October 23, 2010
  Business professionals can now use a new smartphone credit card reader to process transactions on the go.more


• New wave of credit cards coming soon
  Category: Credit Card News
  October 22, 2010
  Several new credit cards will soon allow U.S. consumers to choose between using standard credit or stored rewards points when making purchases.more


• Obama says Republican Congress may repeal credit card protections
  Category: Credit Card Legislation News, Credit Card News
  October 21, 2010
  For the past few weeks, President Barack Obama has been stumping for Democratic congressional candidates all across the country. He has warned consumers the many reforms his party has passed in the last two years could be repealed if Republicans recapture Capitol Hill.more


• Many gas stations charge more for credit card payments
  Category: Credit Card News
  October 21, 2010
  Consumers across the country may have noticed a new trend at gas stations: different prices for those who pay with credit cards.more


• New index finds credit card defaults declined sharply in September
  Category: Credit Card News, Credit Crunch News
  October 21, 2010
  Consumers focused on paying off their debt in September, tallying fewer defaults and showing improvement with credit card payments.more


• Citibank reports fewer credit card charge offs in September
  Category: Citibank Credit Card News, Credit Card News
  October 20, 2010
  Similar to most other lenders, Citibank's latest statistics showed its number of delinquent accounts declined between August and September.more


• Sprint introduces mobile wallet to simplify credit card purchases for apps
  Category: Credit Card News
  October 20, 2010
  When Sprint customers pay through the company's online application store, they currently have to make a new payment every time. Soon, the site will allow customers to store values in a digital account.more


• Verizon bows to consumer pressure to eliminate credit card surcharges
  Category: Credit Card News
  October 19, 2010
  After initially announcing a surcharge of $3.50 to process any credit card payments, Verizon has backtracked thanks to consumer outcry over the proposed plan.more


• Discover reports fewer credit card charge offs in September
  Category: Credit Card News, Discover Credit Card News
  October 19, 2010
  The number of credit card accounts Discover had to strike from its records as a result of seriously late payments declined sharply in September.more


• Chase Commuter Cash security not up to par
  Category: Credit Card News, Identity Theft News
  October 18, 2010
  One part of the major credit card companies' foray into the world of allowing payments for mass transit has come under fire: its security measures.more


• Bank of America sees charge offs fall in September
  Category: Credit Card News
  October 18, 2010
  The number of credit card accounts Bank of America had to write off fell in September, while the total number of delinquencies it experienced rose slightly.more


• Study finds link between credit card security standards and data breaches
  Category: Credit Card News, Identity Theft News
  October 18, 2010
  While many of the data breaches that affect credit card users are preventable, a new study has shown that many businesses are unprepared to protect themselves from the threat.more


• Some utility companies charging to process credit card payments
  Category: Credit Card News
  October 16, 2010
  A number of large utility companies have begun to charge consumers extra when they pay their monthly bill with a credit card rather than by check.more


• BluePay rolls out smartphone-ready credit card reader
  Category: Credit Card News
  October 15, 2010
  One of the country's top payment processing companies is now allowing merchants to accept credit card purchases on smartphones.more


• First National Bank of Omaha becomes third issuer to offer four brands
  Category: Credit Card News
  October 15, 2010
  Just a week after it began offering credit cards from Discover, First National Bank of Omaha said it would also allow customers to obtain American Express branded cards as well.more


• Capital One saw charge offs rise in September
  Category: Capital One Credit Card News
  October 15, 2010
  After experiencing declining charge off totals for the majority of the year, one major bank saw its figures rise in both August and September.more


• Nearly two-thirds of credit card users prefer fingerprint verification
  Category: Credit Card News
  October 15, 2010
  Credit card users who want enhanced identity protection services are looking to new technology to provide sufficient safeguards.more


• Consumer credit declines $3.3 billion in August
  Category: Credit Card News, Economy News
  October 15, 2010
  Consumer credit declines $3.3 billion in Augustmore


• American Express to fight government suit
  Category: American Express Credit Card News, Credit Card News
  October 14, 2010
  While its two largest competitors were quick to settle a suit from the federal government, American Express vowed to fight the charges levied against it.more


• Target begins offering cardholders discount
  Category: Credit Card News
  October 14, 2010
  When people shop at Target using the company's branded credit and debit cards, they will soon receive a discount on almost everything they buy.more


• More elderly blame bankruptcy on credit card debt
  Category: Credit Card News, Economy News
  October 14, 2010
  There are a greater number of senior citizens filing for bankruptcy than there were just a few years ago, and a new report says rising credit card debt is the reason.more


• Visa, MasterCard near antitrust settlement over interchange fees
  Category: Credit Card Legislation News, Credit Card News
  October 14, 2010
  The way the world's two largest credit networks deal with swipe fees may soon change as part of an ongoing investigation into how they charge retailers to process their cards.more


• Social media sites may soon allow credit card linking
  Category: Credit Card News
  October 13, 2010
  The co-founder of popular social networking site FourSquare says social networks may soon allow users to link their credit cards with their online accountsmore


• Vendors to rely more heavily on credit card payments in machines
  Category: Credit Card News
  October 13, 2010
  The days of a soda machine stealing a consumer's change may soon be coming to an end.more


• Credit card lenders still target small businesses
  Category: Credit Card News
  October 13, 2010
  While the Credit Card Accountability, Responsibility and Disclosure Act prevented lenders from continuing their predatory practices against consumers, there was nothing to prevent the same rate and fee hikes from affecting small businesses.more


• Average credit card rates higher than 14 percent
  Category: Credit Card News
  October 12, 2010
  While interest rates on credit cards tend to vary widely depending upon the perks the card offers, its issuer and the cardholder's credit standing, the average national rate for all of them is holding steady just above 14 percent.more


• Living without credit cards costs consumers
  Category: Credit Card News, Prepaid/Debit Card News
  October 12, 2010
  Many consumers across the country are considered underbanked. Those that fall into this category will face higher costs for everyday transactions as a result. more


• Consumers' credit card difficulties improving
  Category: Credit Card News, Credit Crunch News
  October 11, 2010
  Many consumers have had fewer problems with their credit card accounts in the last year, but they're still not happy with their lenders.more


• Discover widens credit card issuing reach
  Category: Discover Credit Card News
  October 11, 2010
  In an attempt to increase the number of credit cards it issues every year, Discover Network, a segment of Discover Financial Services, signed a deal that will allow it to begin issuing cards for a large national bank next year.more


• Consumers beginning to fight erroneous credit card collections
  Category: Credit Card News
  October 11, 2010
  In recent months, many banks have been hit with lawsuits over the home foreclosure process. Now that trend is coming to the credit card industry.more


• Council says standard credit card encryption needed
  Category: Credit Card News
  October 8, 2010
  As part of the financial sector's ongoing efforts to improve safety measures for credit cards, the head of a council that sets industry-wide security standards said that there needs to be uniformity in global measures.more


• Startup offers new phone credit card payment system
  Category: Credit Card News
  October 8, 2010
  While numerous banks and cell phone providers are teaming up to roll out credit card payment systems that work through a person's smartphone, one company says its technology allows consumers to make the same transactions digitally.more


• Discover ranked best at identity theft resolution
  Category: Discover Credit Card News, Identity Theft News
  October 7, 2010
  While all credit card lenders have to contend with the threat and fallout of identity theft for their customers, Discover was recently ranked as the best in the industry.more


• Credit card interest rates fall again this week
  Category: Credit Card News
  October 7, 2010
  The average interest rate for all types of credit cards declined once again this week.more


• Rate hike may have triggered defaults surge
  Category: Credit Card News, Economy News
  October 6, 2010
  A large bank boosted interest rates for many of the accounts it controlled as the economy fell apart in 2008, and a new report says that was what triggered a surge in credit card defaults.more


• Citi to run test for Card 2.0
  Category: Citibank Credit Card News, Credit Card News
  October 6, 2010
  Citi cards may soon expand its trial of a new credit card, which allows consumers to carry multiple accounts on a single piece of plastic.more


• Citi sells some of its credit card assets to General Electric
  Category: Citibank Credit Card News
  October 6, 2010
  In an attempt to continue shedding some of its businesses and debt, Citigroup announced it sold a large amount of its credit card assets to General Electric.more


• New campus cards not affected by overhaul laws
  Category: Credit Card Legislation News, Credit Card News, Student Credit Card News
  October 5, 2010
  Congress enacted a series of laws designed to help protect college students from harmful practices that could lead to piling up thousands of dollars worth of credit card debt. But a new offer that's grown increasingly popular on campus is not governed by these rules.more


• Credit card delinquencies drop in August
  Category: Credit Card News, Credit Crunch News
  October 5, 2010
  The rate of people who had serious trouble paying their credit card bills climbed above 10 percent in August, after hitting a long-time low in July.more


• College students paying for cosigners
  Category: Credit Card News, Student Credit Card News
  October 2, 2010
  Though federal laws now prohibit people under the age of 21 from obtaining a credit card without a co-signer or proof that they can afford the payments themselves, some young adults are still skirting the law.more


• Government announces direct deposit on veteran debit card accounts
  Category: Credit Card News, Prepaid/Debit Card News
  October 1, 2010
  In an effort to help increase the ease with which veterans can make their daily transactions, the Treasury has introduced a new system for its popular Direct Express debit card.more


• Sony rolls out new payment plan for PlayStation
  Category: Credit Card News, Prepaid/Debit Card News
  September 29, 2010
  In the past, consumers who wanted to sign up for the PlayStation Network to play their favorite video games online had to use a credit card, but that is no longer the case.more


• Consumers using CDs to pay down credit card debt
  Category: Credit Card News, Credit Crunch News
  September 28, 2010
  As consumers have seen their credit card debt mount in recent months, many have looked for new ways to reduce the total amount they owe.more


• Drop in credit card debt may be due to charge offs
  Category: Credit Card News, Credit Crunch News
  September 28, 2010
  In recent months, reports from both the government and many lenders have highlighted drops in both total nationwide credit card debt and the number of charge offs. Now experts are debating why.more


• Lenders still targeting college students
  Category: Credit Card News, Student Credit Card News
  September 28, 2010
  They may not be able to offer free T-shirts and baseball hats on campus, but lenders are still aggressively pursuing college kids who may not have the financial know-how to properly manage a credit card.more


• American Express launches social media program
  Category: American Express Credit Card News
  September 27, 2010
  Many young people have access to all kinds of technology, but may not have the know-how to properly keep an eye on their money. A major credit card issuer recently launched a new social media platform designed to offer consumers financial advice.more


• Video game buyers from surprising demographic
  Category: Credit Card News
  September 27, 2010
  Many people who play social video games may use their credit cards to purchase online upgrades and new features. At the same time a new demographic is breaking stereotypes about the average gamer.more


• Rates expected to climb after new financial rules
  Category: Credit Card Legislation News, Credit Card News, Economy News
  September 24, 2010
  Many experts have predicted that rates for all types of loans, including credit cards, would quickly climb as a result of the financial reform bill and the Credit Card Accountability, Responsibility and Disclosure Act.more


• Bank of America will test new pricing for credit card accounts
  Category: Credit Card News
  September 24, 2010
  After reports leaked that Bank of America will soon roll out new fees for consumers who have banking and credit card accounts, the financial giant confirmed the rumors.more


• Many consumers expect to use their smartphones as credit cards
  Category: Credit Card News
  September 24, 2010
  Many consumers expect to use their smartphones as credit cardsmore


• AmEx Survey Shows Some Consumers Less Focused on Paying Down Credit Card Debt
  Category: Credit Card News, Credit Crunch News, Economy News
  September 23, 2010
  Many consumers have successfully reduced their total credit card debt in recent months and now may be focusing on other financial concerns.more


• MLB testing new payment system for concessions
  Category: Credit Card News
  September 23, 2010
  Fans who want to order concessions at ballparks around the country, but don't want to get up and miss a single pitch, may soon have a new option.more


• Visa will test mass transit payments via smartphone
  Category: Visa Credit Card News
  September 23, 2010
  Many consumers may be looking for a way to increase the convenience of paying for their rides on mass transit systems, and a major credit card network has finally entered that arena.more


• Convenience chain gives consumers an alternative to credit cards
  Category: Credit Card News
  September 22, 2010
  A popular national convenience store chain will soon allow consumers to make online transactions without using a credit card.more


• Verizon to charge consumers for paying by credit card
  Category: Credit Card News
  September 22, 2010
  Many consumers may find it's easier to use their credit card when they pay for their monthly bills, but one company is now charging for that privilege.more


• American Express and Amazon.com announce partnership
  Category: American Express Credit Card News, General Rewards Credit Card News
  September 21, 2010
  Thanks to a partnership between AmEx and Amazon, cardholders now have a new way to use their membership rewards points online.more


• Colleges making millions on credit card agreements
  Category: Student Credit Card News
  September 21, 2010
  Many universities across the country may have long-standing but little-known agreements with credit card lenders and those contracts are making both parties millions.more


• New credit card feature allows consumers to budget
  Category: Citibank Credit Card News, MasterCard Credit Card News
  September 21, 2010
  Many consumers may be concerned about how much they spend on their credit card every month, but a new account feature from MasterCard may help them improve their financial management.more


• Discover reports profits on increased spending
  Category: Discover Credit Card News
  September 20, 2010
  When compared annually, consumers increased the amount they spent on their credit cards from one major credit issuer, which led to unexpectedly high profits.more


• Popular gaming service introduces new payment system
  Category: Credit Card News
  September 20, 2010
  When users of Valve's popular Steam service wanted to buy a new video game online, they had to pull out their credit card in the past. That's no longer the case, as Valve has recently introduced a new feature called Steam Wallet.more


• Fully Programmable Credit Card Wins Award
  Category: Credit Card News
  September 20, 2010
  A credit card designer recently won an award for making a new, fully programmable product, dubbed Card 2.0.more


• Bank of America to increase fees
  Category: Credit Card News
  September 20, 2010
  Experts have predicted lenders would increase fees on credit card and banking services in the wake of extensive financial reform. Bank of America, one of the country's largest lenders, recently announced it will continue the trend.more


• President appoints head for credit card watchdog
  Category: Credit Card Legislation News, Credit Card News
  September 20, 2010
  The federal government formed a watchdog program to monitor the credit card and banking industries after it passed the new reform laws. Now that body has its first chief.more


• More lenders suing delinquent borrowers
  Category: Credit Card News, Credit Crunch News
  September 17, 2010
  Even as credit card defaults fall across the country, more lenders are aggressively pursuing consumers who haven't paid their bills.more


• Citibank charge offs surge in August
  Category: Citibank Credit Card News
  September 17, 2010
  Many major credit card issuers reported that charge offs rose in August for the first time in several months, and Citibank was no exception.more


• Capital One charge offs climb in August
  Category: Capital One Credit Card News
  September 16, 2010
  While almost every major credit card lender has reported declines in both charge offs and delinquencies in recent months, Capital One was the first to announce one of those totals moved in the opposite direction in August.more


• Some Consumers Prefer Online Shopping Without Credit Cards
  Category: Credit Card News, Prepaid/Debit Card News
  September 16, 2010
  Consumers who want to purchase items online without using their credit card have few payment options, and more than a quarter of shoppers say they want more.more


• Fed revises rewards card findings
  Category: General Rewards Credit Card News
  September 15, 2010
  In July, the Federal Reserve Bank of Boston released a study describing how credit card rewards programs cost the poor more money. Revised estimates show the numbers are slightly lower than originally thought.more


• American Express changing late payment policies
  Category: American Express Credit Card News
  September 14, 2010
  American Express recently bowed to pressure from consumers after it was discovered the company had harmful policies on past-due dates.more


• Business credit cards could leave employees with debt
  Category: Credit Card News
  September 14, 2010
  Many employees use business credit cards to cover work-related expenses such as flights or hotel rooms, but they may not be aware that they could be held responsible for that debt.more


• Charge offs expected to surge next year
  Category: Credit Card News, Economy News
  September 13, 2010
  While the number of delinquent credit card accounts and other loans lenders have had to write off in recent months has steadily declined, it's unlikely they'll remain at depressed levels for too long.more


• Consumer credit falls could lead to more spending
  Category: Credit Card News, Economy News
  September 13, 2010
  Consumers are spending less on their credit cards these days, but that doesn't mean this trend will continue for a long time.more


• Consumer spending per day drops in August
  Category: Credit Card News, Credit Crunch News, Economy News
  September 13, 2010
  Americans say they spent less per day in August than in July, a new poll has found.more


• MasterCard offers new payment service for BlackBerry
  Category: Credit Card News, MasterCard Credit Card News
  September 10, 2010
  Many BlackBerry smartphone owners looking for a way to transfer money or make a credit card payment now have that option.more


• Students can be hurt by university credit card arrangements
  Category: Credit Card Legislation News, Credit Card News
  September 10, 2010
  Although it has become less popular in recent years, many schools of higher education across the country still make agreements with credit card companies that can end up being financially unhealthy for their students. more


• Consumers turn to debit as credit card use drops
  Category: Credit Card News, Credit Crunch News
  September 9, 2010
  As more Americans try to spend less on their credit cards, they are turning instead to their debit accounts. more


• Consumer credit declines in July
  Category: Credit Card News, Credit Crunch News, Economy News
  September 9, 2010
  The amount of credit consumers carry from one month to another dropped once again in July. more


• Credit card lenders now endorsing minimums
  Category: Credit Card Legislation News, Credit Card News
  September 8, 2010
  Major lenders used to forbid small business owners from imposing minimum payment amounts to use a credit card, but they are now prohibited from doing so by the Credit Card Accountability, Responsibility and Disclosure Act.more


• Denver has most debt in America
  Category: Credit Card News, Economy News
  September 8, 2010
  Even as the average amount of consumer debt decreases across the country, many still owe lenders considerable amounts of money. Of all American cities, none has more debt per person than Denver, Colorado.more


• Credit card offers to college students under investigation
  Category: Credit Card Legislation News, Credit Card News
  September 8, 2010
  New provisions of the Credit Card Accountability, Responsibility and Disclosure Act contain measures designed to prevent people under the age of 21 from obtaining credit card accounts they can't afford. But that hasn't deterred some lenders, a new investigation by the state of New York alleges.more


• Credit card companies becoming more stable
  Category: Credit Card News, Economy News
  September 8, 2010
  The Credit Card Accountability, Responsibility and Disclosure Act forced many credit card issuers to change their lending policies, but now the industry seems to be stabilizing as they adapt to the new credit environment. more


• NFL and Barclays partner to issue branded credit cards
  Category: General Rewards Credit Card News
  September 7, 2010
  NFL fans who want to earn football-themed rewards now have a new credit card option from Barclaycard US.more


• Rates for small business credit cards climb higher
  Category: Credit Card Legislation News, Credit Card News
  September 7, 2010
  The Credit Card Accountability, Responsibility and Disclosure Act may have extended numerous protections to consumers, but the same isn't true for small businesses, and lenders have acted to exploit that loophole. more


• Auction site will stop accepting credit card payments
  Category: Credit Card News
  September 7, 2010
  Many consumers may prefer to use their credit card to pay for things they purchase online, but soon that option will no longer be possible for one of the internet's biggest marketplaces.more


• Schumer says companies offer business credit cards to consumers
  Category: Credit Card News, Credit Card Legislation News
  September 2, 2010
  Since the Credit Card Accountability, Responsibility and Disclosure Act limited the ways issuers could offer new accounts to consumers, some have exploited a loophole in the law. Now one U.S. senator wants to close it.more


• Charge offs improved in July
  Category: Credit Card News, Credit Crunch News
  September 1, 2010
  Consumers seem to have had a better time paying off their credit card debt in July than in previous months, as rates for charge offs dropped.more


• Facebook to expand online payment service
  Category: Credit Card News
  September 1, 2010
  Spurred by fears that revenues could soon flatten, social networking giant Facebook has expanded its Credits service to brick-and-mortar Target stores and will soon branch out online as well.more


• Survey Shows Age Plays a Major Role in Properly Managing Credit Card Debt
  Category: Credit Card News
  August 31, 2010
  Years of experience managing a credit card account may not be the most important factor when it comes to making the best decisions about how to reduce debt.more


• Young Americans upbeat about achieving American Dream
  Category: Credit Card News, Credit Crunch News
  August 30, 2010
  While many young Americans are leaving college with credit card debt and large student loans, a new study has found that they aren't necessarily downcast about their financial situation.more


• College offering students credit card education
  Category: Student Credit Card News
  August 28, 2010
  Many college-age consumers struggle with their finances, particularly if they have unwisely used a credit card. However, one college in South Carolina is now offering students a way to learn the ropes without putting their credit at risk.more


• Credit card solicitations through the roof
  Category: Credit Card News
  August 27, 2010
  Restrictions on credit card companies have tightened due to new federal laws; however, major credit issuers continue to aggressively pursue new customers.more


• Young Bostonians struggle with credit card debt
  Category: Credit Card News, Credit Crunch News
  August 27, 2010
  Many Americans are having trouble with their finances these days, and young people are no different. But a significant portion of Generation Y consumers in Boston have reported that they are particularly vexed by their outstanding debt.more


• Lower swipe fees could cost banks billions
  Category: Credit Card News, Credit Card Legislation News
  August 27, 2010
  When the Federal Financial Reform Bill was recently passed, one of the provisions limited how much companies could charge for swipe fees. While that's a boon for small businesses, it could cost major banks dearly.more


• Average credit card balances hit eight-year low
  Category: Credit Card News, Economy News
  August 25, 2010
  In its latest quarterly analysis of credit card trends, one major credit reporting agency found that the average borrower's credit card debt dropped to the lowest levels observed since 2002.more


• Continuing drops in delinquency bode well for economy
  Category: Credit Card News, Economy News
  August 25, 2010
  Earlier this week it was reported that both delinquencies and charge offs decreased once again in the second quarter of this year.more


• Mobile banking growing in popularity
  Category: Online Banking News
  August 24, 2010
  As technology improves, the way people keep an eye on their bank accounts and credit card debt is changing rapidly.more


• More Consumers Use PayPal in Addition to Credit Cards for Online Purchases
  Category: Credit Card News
  August 23, 2010
  While credit cards are still by far the most popular payment method for online purchases, PayPal is growing in popularity.more


• Consumers Opting to Cover Overdrafts with Their Credit Cards
  Category: Credit Card News, Credit Card Legislation News
  August 23, 2010
  In a move that has come as a bit of a shock to some experts, a large number of American consumers say they will opt into the new overdraft protection plans offered by their banks.more


• Credit card payments for court fines now accepted in Minnesota
  Category: Credit Card News
  August 21, 2010
  Consumers that have been hit with court fines in Minnesota's Olmstead County can now pay them off with a credit card, and they don't have to go to a courthouse to do it.more


• Bank of America, Visa team up for smartphone payment plan
  Category: Credit Card News
  August 21, 2010
  Just a few weeks after rumors began circulating that several major cell phone carriers would soon begin testing a revolutionary payment system, Visa and Bank of America have beaten them to the punch.more


• Credit card companies now marketing more aggressively to small businesses
  Category: Credit Card News, Credit Card Legislation News
  August 20, 2010
  A loophole in the protections offered by the Credit Card Accountability, Responsibility and Disclosure Act has led to lenders sending more offers to small businesses.more


• New credit card can help manage spending
  Category: MasterCard Credit Card News, Citibank Credit Card News
  August 20, 2010
  Many consumers across the country may find they are concerned with how much they spend on their credit cards, but feel powerless to rein themselves in.more


• Consumers prefer frequent flier miles
  Category: Airline Rewards Credit Card News, General Rewards Credit Card News
  August 20, 2010
  When consumers choose a credit card that will offer them some sort of reward, they have a number of choices. However, one particular option still dominates the rest.more


• Gift card changes won't affect prepaid credit or debit accounts
  Category: Prepaid/Debit Card News, Credit Card Legislation News
  August 19, 2010
  Beginning on Sunday, the changes to the rules affecting gift cards that were mandated by the Credit Card Accountability, Responsibility and Disclosure Act will go into effect. However, some consumers may be surprised to find they don't affect prepaid or reloadable credit and debit cards.more


• New survey finds more consumers use mobile phones to make purchases
  Category: Credit Card News
  August 19, 2010
  As more consumers begin to own smartphones, the likelihood that they will use those handsets to make purchases with their credit cards will only increase.more


• J.D. Power: Consumers more satisfied with credit cards
  Category: Credit Card News
  August 19, 2010
  For the first time in three years, more consumers say they are satisfied with their credit cards, reversing a trend that bottomed out last year.more


• PayPal wants to take down credit cards in the real world
  Category: Credit Card News
  August 18, 2010
  Despite being one of the internet's most popular payment systems, PayPal wants to continue to expand - this time into the real world.more


• Credit card spending drives Target sales
  Category: Credit Card News, Economy News
  August 18, 2010
  Consumers may have spent less over the last quarter, but one major retailer said that revenues from its credit card unit helped to drive profits up significantly.more


• Americans closing out more credit card accounts
  Category: Credit Card News, Credit Crunch News
  August 18, 2010
  Over the last several quarters, Americans have been more successful in paying off their outstanding debts. But rather than take on more, they're simply closing their credit card accounts.more


• Minimum credit card payments could soon grow in popularity
  Category: Credit Card News, Credit Card Legislation News
  August 17, 2010
  Thanks to the new credit card laws that were recently passed, consumers may soon have to get used to business-set minimums when they make a purchase with their credit cards.more


• Libraries to accept credit cards to pay late fees in California county
  Category: Credit Card News
  August 17, 2010
  People who have library books past due in one California county now have a new option for paying their late fees.more


• Consumers were less delinquent with their credit card payments in July
  Category: Credit Card News, Economy News
  August 16, 2010
  Over the past several months, many of the nation's major credit card issuers have reported more on-time payments, and the latest figures show that July was no different.more


• Some New York restaurants no longer accepting credit cards
  Category: Credit Card News
  August 16, 2010
  Many small business owners have grown tired of paying swipe fees every time they process a credit card transaction, and now a number of restaurants in New York City are starting to fight back the only way they can.more


• Smartphone payment system has rumored trial cities
  Category: Credit Card News
  August 16, 2010
  Though nothing is official yet, it seems as though the cities that will host the test run of a smartphone payment system have been selected.more


• Mississippi drivers can use credit card when renewing license
  Category: Credit Card News
  August 16, 2010
  Many consumers are all too familiar with the frustrations of visiting the Department of Motor Vehicles when they need their license renewed. But the state of Mississippi is now allowing them to take care of the process in a matter of minutes.more


• Many lenders still finding a way around the Credit CARD Act
  Category: Credit Card News, Credit Card Legislation News
  August 14, 2010
  Though the provisions in the Credit Card Accountability, Responsibility and Disclosure Act were designed to eliminate the costly practices of banks that cost consumers money, many fees, both new and old, still linger.more


• Debit card bill awaits governor's signature
  Category: Credit Card News
  August 13, 2010
  A California measure that will do for debit card swipe fees what the federal financial reforms did for those of credit cards needs only to be signed by Governor Arnold Schwarzenegger to become law.more


• Credit card security standards to be revised in September
  Category: Credit Card News
  August 12, 2010
  The group that oversees how credit card companies store and protect their customers' personal identity information will mandate new changes in the next few weeks.more


• Vending machines will tie thumbprint to credit card accounts
  Category: Credit Card News
  August 12, 2010
  In the near future, consumers will be able to use their thumbprint or retinal scan to buy a bag of chips or a candy bar from their office vending machine.more


• Airlines offering more bonus miles
  Category: Airline Rewards Credit Card News
  August 11, 2010
  Many consumers who are interested in acquiring frequent flyer miles may have noticed an increase in the amount of bonus miles airlines are offering these days.more


• New smartphone app aims to replace credit cards at restaurants
  Category: Credit Card News
  August 11, 2010
  When dining out at restaurants or bars, many consumers may be frustrated when servers take too long to come back with their checks. These problems could soon be over.more


• More businesses use Citi than any other credit card issuer
  Category: Citibank Credit Card News
  August 11, 2010
  A new study found that more businesses of all sizes use credit cards issued by Citi than those from any other lender.more


• FTC pushes for reform of unclear debt collection laws
  Category: Credit Card News, Credit Card Legislation News
  August 10, 2010
  Many consumers across the country who have found themselves too deep in debt, whether it's related to credit cards or otherwise, may discover that their balances were sold to a debt collection agency. Now the rules regulating their debt collectors could soon be changed.more


• California state senator's new bill aims to further rein in swipe fees
  Category: Credit Card News, Credit Card Legislation News
  August 10, 2010
  While the new federal credit card laws give the government more control over credit card interchange fees, a new bill in California would give the state even more oversight.more


• Cities losing money by not allowing consumers to pay for municipal services with credit cards
  Category: Credit Card News
  August 10, 2010
  While cities and towns across the country have made large steps to improve their municipal services, they have perhaps ignored one that could easily drive more revenues.more


• Number of new credit cards has dropped
  Category: Credit Card News, Credit Crunch News
  August 9, 2010
  The recession that has gripped the country for the last two years has had a profound effect on the way consumers obtain and use their credit card accounts.more


• Questionable credit card practices lead to subpoenas
  Category: Credit Card News
  August 9, 2010
  Two major credit lenders have been subpoenaed in New York's ongoing investigation into the issuance of health care credit cards.more


• More consumers choose to relieve credit card debt with bankruptcy
  Category: Credit Card News, Economy News
  August 7, 2010
  The number of Americans that opted to file for bankruptcy to fix their credit card problems increased last month.more


• Growing number of Pennsylvania residents pay their taxes by credit card
  Category: Credit Card News
  August 7, 2010
  Despite the fact that they are charged an additional fee, more residents of Pennsylvania are paying off their annual tax bills by credit card.more


• Software allows businesses to process credit card sales on mobile phones
  Category: Credit Card News
  August 7, 2010
  In the past, it would have been difficult for a small business to process credit card transactions away from their storefront or office, but a new program could change all that.more


• Credit card rates remain unchanged for the sixth week in a row
  Category: Credit Card News
  August 6, 2010
  While many experts expected a certain amount of volatility in the wake of more economic reforms, it seems that the legislation's effects have yet to extend their reach to credit card interest rates.more


• Wells Fargo will eliminate penalty interest rates
  Category: Credit Card News
  August 4, 2010
  In the past, when consumers fell behind on their credit card payments, they could expect to be hit with a sizeable penalty interest rate. But for borrowers of one lender, that worry will soon be a thing of the past.more


• MasterCard's profits make huge leap as consumers increase per-purchase spending
  Category: MasterCard Credit Card News
  August 4, 2010
  The world's second-largest credit card network announced that it posted large profits in the second quarter of the year.more


• Consumers with bad credit more likely to use debit cards
  Category: Credit Card News
  August 4, 2010
  Consumers with a credit score below 650 are far more likely to use their debit card than credit card, a new study has found.more


• Major cell phone carriers to introduce new payment system to challenge credit card lenders
  Category: Credit Card News
  August 3, 2010
  Consumers that want the ease of paying without cash but don't want to use their cards to accumulate new credit card debt might soon have a new option.more


• New San Francisco parking meters will take credit cards
  Category: Credit Card News
  July 30, 2010
  Many consumers who have tried to find cheap or free street parking in San Francisco might have been frustrated in the past when they had to pay with spare change. But a new movement will change all that.more


• Those without credit cards still paying for swipe fees
  Category: Credit Card News, General Rewards Credit Card News
  July 28, 2010
  A large amount of credit card swipe fees are being paid for by low-income consumers who purchase goods with cash. Because swipe fees help pay for rewards programs, consumers enrolled in them are being subsidized by those who don't benefit, a study has found.more


• Visa's anti-identity theft best practices earn praise
  Category: Visa Credit Card News
  July 28, 2010
  One industry leader in identity theft prevention has come forward to give Visa acclaim for its latest suggestions regarding consumer protection measures.more


• Former credit union employee arrested for stealing customer's identity
  Category: Identity Theft News
  July 28, 2010
  Sometimes, even the employees of the banks or credit unions consumers visit every day can't be trusted with the personal information they handle.more


• U.S. Bank introduces new tool for small business credit cards
  Category: Credit Card News
  July 27, 2010
  In the past, small business owners may have been curious to see how their employees spend on company-issued credit cards, or measure their credit card revenues against similar merchants. Now they can.more


• Credit card delinquencies and charge offs fell in June
  Category: Credit Card News, Credit Crunch News
  July 27, 2010
  Earlier this month, most major credit card companies reported that their internal figures showed a drop in both delinquency and charge off rates. Now Moody's latest Credit Card Indices have provided an industry-wide figure.more


• American credit and debit cards may not work overseas
  Category: Credit Card News
  July 26, 2010
  Any American consumer that may have gone overseas in recent months might have found that their credit or debit card didn't work, and the reason has nothing to do with their finances.more


• Phishing scam targets Floridians
  Category: Identity Theft News
  July 26, 2010
  A number of emails promising grant money as a result of the BP oil spill have been received across Florida, but it's just another phishing scam.more


• Misleading credit card offer victimizes consumer
  Category: Credit Card News
  July 23, 2010
  A California man thought he was getting a huge break when a credit card offer promised him no interest on balance transfers, but all he got was a huge headache.more


• Credit card rates remain unchanged once again this week
  Category: Credit Card News
  July 23, 2010
  The national averages for interest rates on credit cards haven't changed in over a month, and this week saw that trend continue.more


• Credit card payments will cost residents of Nevada city
  Category: Credit Card News, Credit Card Legislation News
  July 22, 2010
  Citizens of a Nevada city may soon notice a new charge on the bills they pay if they use their credit card.more


• Georgia comedy club releases customers' credit card information online
  Category: Identity Theft News
  July 22, 2010
  People who visited a comedy club in Georgia should be aware that the establishment may have accidentally leaked their personal information online.more


• Credit card information stolen from restaurants in phone scam
  Category: Identity Theft News
  July 21, 2010
  A man who claimed to be a police detective duped a number of restaurants into giving out the credit card information of its customers.more


• Skimming devices are gaining prominence in Arizona
  Category: Identity Theft News
  July 21, 2010
  While identity thieves all over the country are beginning to employ skimming devices to perpetrate their crimes, the problem has become particularly widespread in Arizona.more


• Visa's anti-identity theft measures earn praise
  Category: Visa Credit Card News, Identity Theft News
  July 20, 2010
  One industry leader in identity theft has come forward to give Visa acclaim for its latest consumer protection measures.more


• Utah power customers targeted in identity theft scam
  Category: Identity Theft News
  July 20, 2010
  Customers of a major power company in Utah are the targets of an attempted identity theft scam.more


• ADS writes off less credit card debt in second quarter
  Category: Credit Card News, Credit Crunch News
  July 19, 2010
  In recent months, many credit card issuers have increased the rate at which they write off credit card debt as being uncollectable, but one company is bucking that trend.more


• BBB warns consumers over Amazon.com identity theft scam
  Category: Identity Theft News
  July 19, 2010
  Because millions of Americans use Amazon.com to make purchases small and large, identity thieves know that someone targeted in their latest phishing scam is likely to have used the site recently.more


• More credit card debt was paid off in June
  Category: Credit Card News, Economy News
  July 19, 2010
  As far as most of the major handlers of credit card debt in the country are concerned, more Americans were able to pay off some of their credit card debt in June.more


• Financial overhaul could cost Bank of America billions
  Category: Credit Card News, Economy News
  July 17, 2010
  One of the biggest debit and credit card lenders in the country has announced just how much it expects the new financial overhaul bill could cut into its profits.more


• Akron man pleads guilty to identity theft, other crimes
  Category: Identity Theft News
  July 16, 2010
  A man from Akron, Ohio, recently pleaded guilty to charges that he committed a number of different types of fraud since early 2009. more


• Capital One's June charge offs and delinquencies show slight decline
  Category: Capital One Credit Card News, Credit Crunch News
  July 16, 2010
  While many other credit card companies are reporting lower delinquency rates because the rate at which they write off debts as uncollectable increases, one major lender is reporting drops in both.more


• 'Significant' relationship between small business hiring and credit card debt
  Category: Credit Card News, Economy News
  July 16, 2010
  When small businesses have the ability to secure credit cards, their power to hire new employees and generate revenue increases, according to a new study.more


• Zeus virus targeting major credit card lenders
  Category: Identity Theft News
  July 15, 2010
  While some Americans may not have heard of the Zeus Trojan computer virus, which is used to steal personal credit information from infected computers, their banks and credit card companies certainly have.more


• Decline in consumer spending leads to lowered growth forecasts
  Category: Credit Card News, Economy News
  July 15, 2010
  A number of figures that have recently come to light had economists worried about the growth of the economy, and the latest consumer spending numbers caused them to lower forecasts for second-quarter growth.more


• Consumer spending cuts into savings goals
  Category: Credit Card News, Economy News
  July 14, 2010
  The average consumer entered the year hoping to save more money, but thanks to expenses both unforeseen and irresponsible, it appears they won't meet that goal.more


• Six indicted for fake credit card ring
  Category: Identity Theft News
  July 13, 2010
  A group of criminals that made fake credit cards and ripped off businesses all over the western United States has finally been indicted.more


• Feds bust up airline ticket fraud ring
  Category: Identity Theft News
  July 12, 2010
  A fraud ring that had been stealing consumers' credit card information since 2001 was finally broken up after a lengthy investigation.more


• FTC issues warning to consumers about credit card statements
  Category: Credit Card News, Identity Theft News
  July 12, 2010
  Recently an international identity theft operation came to light in which more than 1 million credit card users had money stolen from them in small amounts. The criminals that perpetrated the scam were counting on consumers to not notice the small, unauthorized charges that cost them between 20 cents and $10 at a time.more


• Deals from retailers also affected by credit card laws
  Category: Credit Card News, Credit Card Legislation News
  July 11, 2010
  Consumers who head to stores looking for a great deal on financed furniture, electronics or appliances might be in for a bit of a surprise.more


• Credit card rates remain level this week
  Category: Credit Card News, Economy News
  July 9, 2010
  Despite drops in most other national interest figures, those for both fixed-rate and variable-rate credit cards held flat this week.more


• Lenders intentionally misleading consumers over disputes
  Category: Credit Card News
  July 9, 2010
  There are a number of reasons a consumer may want to dispute a charge on their credit card bill: They may have used their card to buy a faulty product, bad services or have been the victim of fraud. But in reading the fine print on their agreements, some consumers may be dissuaded by a few of of the rules outlined by their lenders.more


• Despite numbers, credit card debt hasn't improved
  Category: Credit Card News, Credit Crunch News, Economy News
  July 9, 2010
  Many consumers may have been encouraged by the latest figures released by the Federal Reserve Board and American Bankers Association regarding credit card debt. The Fed said the total debt Americans owe has declined in 18 of the last 20 months, and the ABA said credit card delinquencies are dropping as well.more


• Credit card 'skimmers' being used to rip off consumers
  Category: Identity Theft News
  July 8, 2010
  There is a new scam that is gaining favor among would-be fraudsters across the country, and it's incredibly easy to fall for because consumers don't do anything differently than they normally would.more


• Credit card stats improving because of extended unemployment
  Category: Credit Card News, Credit Card Legislation News
  July 8, 2010
  It is a long-accepted fact that the rates of credit card companies' charge offs and national unemployment would move almost as one; when one went up or down, so did the other. But that oddly isn't the case anymore.more


• Paperless ticketing aims to protect consumers
  Category: Credit Card News
  July 7, 2010
  Beyond being a good way to discourage scalpers and ticket resellers from driving up prices, the new trend of "paperless ticketing" could help consumers protect themselves from being ripped off when trying to attend concerts and sporting events.more


• Overdraft fees to become a thing of the past for many consumers
  Category: Credit Card News, Credit Card Legislation News
  July 7, 2010
  Many consumers have at one point overdrawn their checking account when making a purchase, and been hit with a large overdraft fee as a consequence.more


• More Americans paying off credit card debt
  Category: Credit Card News, Credit Crunch News
  July 7, 2010
  The recent upswing in the economy has led to some good news for consumers: They can finally begin to pay off their delinquent credit card debt.more


• Airline-issued credit cards offer big savings for frequent fliers
  Category: Airline Rewards Credit Card News
  July 6, 2010
  Over the last few years, the price consumers have paid to fly has risen sky-high.more


• NFL swaps Bank of America for Barclays
  Category: General Rewards Credit Card News
  July 6, 2010
  Football fans with credit cards bearing the logos of their favorite NFL team and the league's signature shield will have to scramble to spend the rewards points they've piled up over the last few years.more


• Retirees may be targeted by identity thieves
  Category: Identity Theft News
  July 3, 2010
  Senior citizens are often preyed upon by identity thieves for a number of reasons.more


• Fitch: Card laws to cut earnings 10 percent
  Category: Credit Card News, Economy News
  July 3, 2010
  The new rules for credit card issuers laid out earlier this year will likely cause their profits to fall about 10 percent in 2010, according to a new report from Fitch Ratings.more


• University of Maine students at risk for identity theft
  Category: Identity Theft News
  July 1, 2010
  College students may not think they're at risk of having their identity stolen, but a recent event at the University of Maine should underscore the very real threat that hackers can pose to everyone.more


• Credit card spending skyrockets as a result of the World Cup
  Category: Visa Credit Card News, Economy News
  June 30, 2010
  The World Cup has done more than draw the eyes and minds of the entire world to South Africa as the world's greatest soccer teams compete for global glory.more


• Wisconsin prosecutors to pursue more identity theft charges
  Category: Identity Theft News
  June 30, 2010
  Given the rise of crimes in which people's identities are stolen, it was only a matter of time before prosecuting attorneys began doling out harsher identity theft charges.more


• Anthem Blue Cross-Blue Shield security breach opens hundreds of thousands to risk
  Category: Identity Theft News
  June 29, 2010
  A website upgrade at Anthem Blue Cross-Blue Shield has put hundreds of thousands of applicants at risk of having their identities stolen.more


• Personal financial knowledge on the rise
  Category: Credit Card News, Credit Score News
  June 29, 2010
  Perhaps one positive that has come from these harsh economic times is that Americans now know considerably more about their personal finances than they would have otherwise.more


• White House drafting national identity theft protection strategy
  Category: Identity Theft News
  June 29, 2010
  Identity theft is becoming such a widespread problem in America that the federal government is quickly taking big steps to help curb it.more


• Report: Prepaid cards increasing in popularity
  Category: Prepaid/Debit Card News
  June 28, 2010
  A greater number of Americans say they have received network-branded gift cards in the last year.more


• FTC: Scammers stole millions with credit card system loopholes
  Category: Identity Theft News, Economy News
  June 28, 2010
  The Federal Trade Commission has badly damaged an online scam ring that stole millions from American consumers. Those that perpetrated the thefts are still currently at large.more


• Target to offer greater rewards on credit cards
  Category: Credit Card News, General Rewards Credit Card News
  June 28, 2010
  Many consumers can get savings on their purchases through rewards programs from their credit card companies, though getting 5 percent off that purchase is rare.more


• Chicago Transit Authority moves ahead with credit card plans
  Category: Credit Card News
  June 26, 2010
  Commuters may soon find that they can use their credit cards to do something besides consumer spending.more


• Late credit card payments on the decline
  Category: Credit Card News
  June 25, 2010
  May marks the second consecutive month more people made on-time credit card payments, according to Moody's Investors Service Credit Card Indices Report.more


• Drop in charge offs reported for Citicard
  Category: Credit Card News
  June 24, 2010
  Citicard holders are showing signs that they are better able to manage their credit cards.more


• Discover posts second-quarter profit behind spending increases
  Category: Discover Credit Card News
  June 24, 2010
  Credit card giant Discover returned to profitability in the second quarter of 2010 thanks to a sizeable jump in consumer credit card spending.more


• Greater cash back reward offered by debit card
  Category: Credit Card News
  June 23, 2010
  Debit cards are beefing up their cash back rewards to lure in business and edge out credit cards.more


• Credit advice for college students and their parents
  Category: Credit Card News
  June 22, 2010
  Many college students may be unfamiliar with the way their credit works, or what kind of credit history they have, simply because they've never had to deal with a financial situation that required it before.more


• New social media threat could lead to identity theft
  Category: Identity Theft News, Economy News
  June 21, 2010
  When a friend posts a funny picture or website on their Facebook or Twitter account, it's important to know just where clicking that link could lead.more


• Travel rewards cards can bring savings
  Category: Credit Card News
  June 21, 2010
  Airline reward credit cards are stepping it up and offering more perks, such as free checked baggage, but those perks may be accompanied by hidden fees.more


• Avoiding identity theft on vacation
  Category: Identity Theft News
  June 18, 2010
  People may not be especially vigilant about identity theft when they go on vacation, but that may be one of the most important times for consumers to be on the lookout for scams and potential threats.more


• New technology brings speed and savings to credit card holders
  Category: Credit Card News
  June 17, 2010
  Consumers don't have to take their credit cards out of their wallets anymore when they want to pay. A special sticker allows consumers to use MasterCard PayPass to make "contactless payments."more


• Stay-at-home parents should keep track of their finances
  Category: Credit Score News, Economy News
  June 17, 2010
  When a couple decides that one parent should stay home with their kids, it's natural, but misguided, to focus on merging their finances.more


• Travel is picking up, says AmEx
  Category: Credit Card News
  June 15, 2010
  Americans are logging in the miles and traveling again, reports USA Today.more


• Universities selling student information to lenders
  Category: Student Credit Card News
  June 14, 2010
  More students are leaving college with significant credit card debt every year, and the schools they attended may be contributing to the problem.more


• How to find the best cash-back credit card
  Category: Cash Back Credit Card News, American Express Credit Card News
  June 14, 2010
  For consumers considering getting a cash-back rewards credit card, there are a lot of options to mull over.more


• Thieves stealing credit card numbers at gas stations
  Category: Credit Card News, Identity Theft News
  June 11, 2010
  In the Sacramento area, even those that use their credit cards when they pay for gas aren't safe from identity thieves.more


• Credit card fraud expected to abound at World Cup
  Category: Identity Theft News
  June 11, 2010
  With hundreds of thousands of fans from all over the globe pouring into South Africa for the World Cup, banks have begun to worry about the high probability of credit fraud.more


• High card fees linked to deceptive tactics
  Category: Credit Card News
  June 10, 2010
  Most of the provisions under the Credit Card and Accountability Act took effect earlier this year, except for one part that may impact consumers more than they think.more


• Banks prepare for overdraft rule to take effect
  Category: Credit Card News, Credit Card Legislation News
  June 7, 2010
  Expensive overdraft fees could become a thing of the past.more


• Consumers don't care for cash payment discounts
  Category: Credit Card News, Credit Card Legislation News
  June 4, 2010
  The majority of consumers oppose price hikes for credit or debit card use, a study from the Financial Services Group at Lightspeed Research found.more


• Credit card mail offerings increase
  Category: Credit Card News
  June 4, 2010
  Credit card companies are going back to their old marketing ways and sending more offers in the mail.more


• Consumers getting a grasp on card debt
  Category: Credit Card News
  June 1, 2010
  The number of late credit card payments continues to decrease, a report finds.more


• Reduced credit line barely effects credit score, study finds
  Category: Credit Card News
  May 28, 2010
  A reduced credit line does not drastically change credit scores, a study finds. more


• Late credit card payments and balances down
  Category: Credit Card News
  May 28, 2010
  A study shows that more people are paying their credit card bills on time and carrying lower card balances.more


• Lenders remain cautious
  Category: Credit Card News
  May 26, 2010
  Bankers remain uncertain about lending credit to consumers, a study finds.more


• Square card readers now available
  Category: Online Banking News, Economy News
  May 17, 2010
  A credit card swipe device that can attach to certain mobile devices is now being offered by Square.more


• Synovate: Credit card offers increased in first quarter
  Category: Capital One Credit Card News, Credit Crunch News
  May 13, 2010
  Direct mailings for credit card offers rose in the first quarter.more


• Delta, AmEx announce free baggage check for card holders
  Category: Airline Rewards Credit Card News, American Express Credit Card News
  May 10, 2010
  Travelers who have a Delta SkyMiles card will be able to check their first bag for free starting June 1.more


• AmEx launches prepaid card for parents, teens
  Category: Prepaid/Debit Card News, American Express Credit Card News, Credit Card Legislation News
  May 6, 2010
  A new prepaid card called PASS may give parents more control over their children's finances.more


• First quarter sees increase in MasterCard revenues
  Category: MasterCard Credit Card News
  May 5, 2010
  Net revenues for MasterCard Incorporated were up 13.1 percent during the first quarter of 2010, while purchase volumes also climbed.more


• Federal officials taking tips regarding oil spill disaster fraud
  Category: Identity Theft News
  May 5, 2010
  Consumers who think they may have encountered fraud tied to the recent oil spill in the Gulf can call, fax or email government officials to report it.more


• Spring cleaning shouldn't pose identity-theft opportunity
  Category: Identity Theft News
  April 30, 2010
  While people get rid of old documents and computers, they should make sure to dispose of them properly.more


• Second quarter sees 19 percent increase in Visa's net revenue
  Category: Visa Credit Card News
  April 30, 2010
  Net revenue for Visa Inc. totaled $2 billion during the second quarter, a 19 percent rise over the same time in 2009.more


• Visa acts against data-pass practices
  Category: Visa Credit Card News
  April 29, 2010
  Merchants that want to pass data along to third parties for additional purchases will have to get permission from Visa cardholders.more


• AmEx posts growth while unemployment, regulations slow improvement
  Category: American Express Credit Card News, Economy News
  April 27, 2010
  Net income for American Express Corporation was up 103 percent during the first quarter of 2010.more


• Cap One: Income improves, card delinquencies fall
  Category: Capital One Credit Card News, Credit Crunch News, Economy News
  April 26, 2010
  The first quarter of 2010 was more kind to Capital One Financial Corp., which reported net income of $636.3 million.more


• Blippy users affected by information breach
  Category: Identity Theft News
  April 26, 2010
  At least five people who use the social card tracking site have had their account numbers appear on Google.more


• Udall proposes free credit scores
  Category: Credit Score News, Economy News
  April 26, 2010
  A proposal on Capitol Hill will allow free access to credit scores.more


• Debit info would be limited by New Jersey law
  Category: Prepaid/Debit Card News, Identity Theft News, Credit Card Legislation News
  April 23, 2010
  If passed, a law in New Jersey would aim at reducing identity theft by limiting debit card information on receipts.more


• Citi offers cash incentives for going paperless
  Category: Citibank Credit Card News
  April 22, 2010
  In an effort to promote environmentally friendly practices, Citi will donate trees and offer customers cash for switching to paperless statements.more


• Target to stop offering Visa cards
  Category: Visa Credit Card News
  April 21, 2010
  Target Corporation said it will cease issuing store-branded Visa cards.more


• Fed creates publication for gift-card rules
  Category: Prepaid/Debit Card News, Credit Card Legislation News
  April 21, 2010
  The Federal Reserve Board has published a primer on gift card rules set to take effect in August.more


• Toey sentenced in connection to Gonzalez case
  Category: Identity Theft News, Economy News
  April 20, 2010
  Damon Patrick Toey was sentenced to five years in prison in connection to a scheme in which millions of credit and debit card numbers were stolen.more


• Bill aims at combating spoofing
  Category: Identity Theft News, Credit Card Legislation News
  April 20, 2010
  The U.S. House passed legislation that would make it illegal to alter caller identification in order to defraud or harm consumers.more


• Skimming devices found in South Carolina
  Category: Identity Theft News
  April 19, 2010
  Some thieves may try to use machines to steal a consumer's credit card information.more


• Capital One: Defaults up, delinquencies down
  Category: Capital One Credit Card News, Credit Crunch News
  April 19, 2010
  Although a future indicator of defaults was down, charge offs themselves increased for Capital One in March.more


• App allows consumers to estimate their FICO score
  Category: Credit Score News
  April 15, 2010
  Users of Apple's iPhone and iPod touch can download an application that will help them estimate their credit score.more


• MasterCard names new CEO
  Category: MasterCard Credit Card News
  April 14, 2010
  Ajay Banga will take over for Robert Selander, who has served as MasterCard's CEO since 1997.more


• BBB to hold identity-theft awareness day
  Category: Identity Theft News
  April 13, 2010
  Consumers and businesses are being encouraged to shred their sensitive documents to prevent identity theft.more


• MasterCard launches new marketplace for cardholders
  Category: MasterCard Credit Card News
  April 12, 2010
  Consumers with a MasterCard will be able to gain access to discounts and free shipping through the company's MarketPlace website.more


• Consumer fraud could lead to customer loyalty
  Category: Credit Monitoring News
  April 7, 2010
  A recent survey shows that one-third of respondents felt increased loyalty to financial institutions based on how they dealt with fraud.more


• Square makes credit card reader available for iPad
  Category: Online Banking News, Economy News
  April 7, 2010
  New technology is allowing even smaller business operations the ability to accept credit card payments.more


• DoJ identity theft efforts lack coordination
  Category: Identity Theft News
  April 6, 2010
  A recent report from an inspector general's office notes that federal agencies need further coordination to fight identity theft.more


• Javelin: Prepaid, gift card use down last year
  Category: Prepaid/Debit Card News
  April 3, 2010
  Though the use of prepaid and gift cards fell last year, new regulations from the government may encourage consumer trust.more


• FTC credit report rule takes effect
  Category: Credit Report News, Economy News
  April 2, 2010
  Companies that advertise "free" credit reports must add a disclaimer about a government website.more


• Tompor: Debt settlement comes with risks
  Category: Credit Repair News, Credit Crunch News, Economy News
  April 2, 2010
  Debt settlement may end up leaving consumers with a lower credit score.more


• Macy's announces change in co-branded cards
  Category: Visa Credit Card News, American Express Credit Card News, Citibank Credit Card News
  April 1, 2010
  Current Visa cards through Macy's and Bloomingdales will be switched over to American Express and issued by Citi.more


• Carrying a balance? Avoid rewards cards
  Category: General Rewards Credit Card News, Capital One Credit Card News, Credit Crunch News
  March 31, 2010
  Cards tied to rewards programs may carry fees or higher rates, so people who carry a balance may want to consider other options.more


• Police investigate card scam in California
  Category: Identity Theft News
  March 31, 2010
  Thieves in Berkeley are skimming credit and debit card data in order to commit fraud.more


• Consumers Union calls for additional gift card regulation
  Category: Prepaid/Debit Card News, Credit Card Legislation News
  March 30, 2010
  New rules from the Federal Reserve Board will limit fees on gift cards, though a consumer advocacy group says more could be done.more


• Banks reducing branded credit cards
  Category: General Rewards Credit Card News, Economy News
  March 29, 2010
  In order to cut back on expenses, some card issuers are reducing the number of branded products they offer.more


• Man's death doesn't eliminate credit card debt
  Category: Credit Monitoring News
  March 27, 2010
  When Elmer Duncan died, he still had a department store card with a balance, which a bank tried to collect from his wife.more


• Credit score of 720 or higher for best mortgage rates
  Category: Credit Score News, Economy News
  March 26, 2010
  Mortgage lenders may require that consumers have different sources of credit and a credit score of at least 720 before granting a home loan.more


• FTC director testifies before House subcommittee on credit reports
  Category: Credit Report News, Credit Card Legislation News, Economy News
  March 26, 2010
  New rules from the Federal Trade Commission make it more clear that consumers don't have to pay to get a copy of their credit report.more


• Wells Fargo credit card offers rapid alerts
  Category: Visa Credit Card News, Identity Theft News
  March 25, 2010
  A new program from Wells Fargo and Visa could help alert consumers of fraudulent activity on their credit cards.more


• Fed gift card rules introduced
  Category: Prepaid/Debit Card News, Economy News
  March 25, 2010
  The Credit CARD Act calls for new rules for gift cards, and the Fed complied recently with regulations set to take effect in August.more


• Prepaid cards offer alternative to co-signing for credit accounts
  Category: Student Credit Card News
  March 23, 2010
  A New York Times report notes that parents who don't trust their children with credit cards may consider prepaid products.more


• HAMP participants see credit score drop
  Category: Credit Score News, Credit Crunch News
  March 23, 2010
  A government program to help prevent foreclosures is causing some consumers to see their credit scores decrease.more


• Convenience checks may have high rates, fees
  Category: Balance Transfer Credit Card News
  March 22, 2010
  As with credit card offers, convenience checks should be closely examined by consumers.more


• PenFed credit card offers elimination of foreign fees
  Category: Airline Rewards Credit Card News, General Rewards Credit Card News, American Express Credit Card News
  March 22, 2010
  The PenFed American Express product may be especially beneficial to members of the military.more


• FDIC gives advice for online banking
  Category: Online Banking News
  March 19, 2010
  Checking bank accounts often can help consumers keep tabs on fraud.more


• Card companies report delinquency, charge off rates
  Category: Discover Credit Card News, Capital One Credit Card News
  March 17, 2010
  A number of card companies saw their delinquency rates fall in February.more


• Reason why some rewards programs are expanding? Profit
  Category: General Rewards Credit Card News
  March 16, 2010
  Card companies are trying to encourage customers to use their credit cards with expanded rewards programs.more


• Prepaid credit cards won't boost credit score
  Category: Prepaid/Debit Card News, Secured Credit Card News
  March 16, 2010
  Prepaid credit cards don't give consumers the option of building a credit score.more


• Credit rebate program could help district replace funds
  Category: General Rewards Credit Card News, Visa Credit Card News
  March 15, 2010
  As dollars from soft drink sales dry up for a Texas school district, credit card rebate programs could fill the void.more


• AmEx rewards program to help encourage philanthropy
  Category: American Express Credit Card News
  March 12, 2010
  Cardholders will be able to earn bonus points through volunteering.more


• Credit cards continue to be top option for online shoppers
  Category: Online Banking News
  March 12, 2010
  A study from Javelin Strategy and Research shows 70 percent of web shoppers used a credit card.more


• Arkansas correctional system allows online credit card payments
  Category: Online Banking News
  March 10, 2010
  Instead of mailing in payments for their fees, offenders in Arkansas are now able to settle them with a credit card online.more


• Consumers should take measures to avoid ID theft during tax time
  Category: Identity Theft News
  March 8, 2010
  Keeping track of documents one strategy.more


• Firm offers tips to guard against identity theft
  Category: Credit Monitoring News
  March 5, 2010
  Monitoring credit report one strategy.more


• Prepaid cards may help profits at Visa, MasterCard
  Category: Prepaid/Debit Card News, Visa Credit Card News, MasterCard Credit Card News
  March 5, 2010
  Could also boost bottom line of other companies.more


• Man sued by Capital One for failure to pay off credit card
  Category: Capital One Credit Card News
  March 4, 2010
  Company seeks more than $14,000.more


• Parents should take the time to teach about credit
  Category: Student Credit Card News, Credit Card Legislation News
  March 3, 2010
  Should make sure kids understand its benefits, pitfalls.more


• Business owners should pick carefully when considering credit card offers
  Category: General Rewards Credit Card News
  March 2, 2010
  Fees and rewards programs should play factors in their choices.more


• AmEx partners with AirTran for OPEN Savings program
  Category: Airline Rewards Credit Card News, American Express Credit Card News
  March 1, 2010
  Business cardholders can get discounts on air travel.more


• Past years have shown tightened standards for mortgages, credit card offers
  Category: Credit Score News, Economy News
  March 1, 2010
  Number of accounts granted to people with credit score below 700 dropped.more


• III notes payment key to maintaining credit history
  Category: Credit Report News, Credit Crunch News
  February 28, 2010
  Monitoring credit reports also important.more


• Identity theft still top complaint to FTC
  Category: Identity Theft News, Economy News
  February 28, 2010
  Credit cards also make an appearance on the 2009 list.more


• Credit CARD Act may not help online banking customers
  Category: Online Banking News
  February 27, 2010
  Changes to billing statements may not appear readily when logging on.more


• Companies still finding ways to market cards on campuses
  Category: Student Credit Card News, Credit Card Legislation News
  February 26, 2010
  New approaches tied to Credit CARD Act.more


• Discover offers site to help with credit card questions
  Category: Discover Credit Card News, Credit Card Legislation News
  February 26, 2010
  Effort developed after customer feedback.more


• Secured credit cards an option for students
  Category: Prepaid/Debit Card News, Student Credit Card News, Secured Credit Card News
  February 25, 2010
  New law makes it harder for young people to build credit score.more


• Hyatt and Chase join to offer rewards card tied to hotel program
  Category: Hotel Rewards Credit Card News, Visa Credit Card News
  February 25, 2010
  Two companies have partnered with Visa to make credit card offers.more


• Discover, American Express lead in brand loyalty
  Category: American Express Credit Card News, Discover Credit Card News
  February 24, 2010
  New report marks the 13th year Discover is in first place.more


• Card for subprime borrowers carries fees
  Category: First PREMIER® Bank Credit Card News, Credit Crunch News
  February 23, 2010
  People have to pay to activate the account.more


• Rules regarding credit card offers to younger people take effect
  Category: Student Credit Card News, Credit Card Legislation News
  February 22, 2010
  Those under 21 will need co-signer or proof of income.more


• Capital One agrees to reimburse customers affected by error
  Category: Capital One Credit Card News
  February 20, 2010
  Result comes after an investigation by federal, state officials.more


• Discover, BoA report delinquency and default rates on credit card accounts
  Category: Discover Credit Card News, Credit Card Legislation News, Credit Crunch News
  February 19, 2010
  Both say defaults declined in January.more


• AmEx poll: Some parents focused on teaching kids about debt
  Category: American Express Credit Card News, Credit Card Legislation News
  February 19, 2010
  Laws also loom that will limit access to credit for young people.more


• Credit cards still the top option consumers chose for online transactions
  Category: Prepaid/Debit Card News, Economy News
  February 18, 2010
  Alternatives, like prepaid credit cards, will grow in coming years.more


• Poll: Card holders satisfied with how issuers handle fraud
  Category: Credit Report News, Identity Theft News
  February 18, 2010
  Consumers can keep their own tabs by checking their credit report.more


• Cap One reports increase in charge offs for January
  Category: Capital One Credit Card News, Credit Crunch News
  February 18, 2010
  Delinquencies also rise in the month.more


• Credit score improvement among questions being fielded by lending institutions
  Category: Credit Score News, Credit Repair News, Credit Crunch News
  February 17, 2010
  Survey shows some customers want to know how a credit score is determined.more


• Fix credit report mistakes as soon as possible
  Category: Credit Monitoring News
  February 16, 2010
  Consumers should contact lenders about errors.more


• Target launches program to make cards work through mobile phones
  Category: Prepaid/Debit Card News
  February 16, 2010
  Consumers can store information for later access.more


• Hacker gets 13 years for stealing 1.8 million card numbers
  Category: Credit Monitoring News
  February 15, 2010
  Total fraud involved in case calculated at more than $86 million.more


• Payroll cards may see increased interest from businesses
  Category: Prepaid/Debit Card News
  February 12, 2010
  Companies and governments use the cards.more


• Thieves opening more credit card accounts to commit fraud
  Category: Identity Theft News
  February 11, 2010
  Though a credit card offers consumers a way to pay for goods, it may also give identity thieves a way to commit fraud unless cardholders are careful.more


• A number of companies offering payment attachments for Apple's iPhone
  Category: Online Banking News
  February 10, 2010
  Would allow consumers, businesses to swipe cards rather than punch in numbers.more


• Prepaid credit cards an option for students facing new rules
  Category: Student Credit Card News, Credit Card Legislation News
  February 9, 2010
  Credit CARD Act limits the ability of those under 21 to get credit.more


• Dow Jones: AmEx VC says company may see drop in credit card defaults
  Category: American Express Credit Card News, Economy News
  February 8, 2010
  Stable economy could lead to decline in charge offs.more


• Mobile banking may become more popular in the coming year.
  Category: Online Banking News
  February 5, 2010
  Some consumers turn to phones to take care of accounts.more


• WSJ: Visa, MasterCard expected to post increased earnings in 4Q 2009
  Category: Visa Credit Card News, MasterCard Credit Card News, Economy News
  February 4, 2010
  Cost-cutting measures and increased debit card use lead to higher revenues.more


• Though some may avoid plastic, doing so could lower credit score
  Category: Credit Score News
  February 3, 2010
  Closing accounts can affect credit ratio.more


• Dow Jones: Capital One reports credit card business most profitable
  Category: Capital One Credit Card News
  February 2, 2010
  Funds from loss reserve released as a result.more


• Olive: Iowans shouldn't have to pay more for insurance when disaster strikes
  Category: Credit Score News, Credit Crunch News, Economy News
  February 2, 2010
  Law would limit the connection between a credit score and insurance.more


• Credit card offers through mail increase in 4Q
  Category: Credit Monitoring News, Economy News
  February 1, 2010
  Shows lenders feeling confident in economy.more


• Modification program gets revamped guidelines
  Category: Credit Score News, Economy News
  January 31, 2010
  HAMP intended to help avoid foreclosures, which can drop a credit score.more


• Auto premiums may be affected by credit score
  Category: Credit Score News, Credit Crunch News
  January 30, 2010
  Lower scores could lead to higher rates.more


• Credit card companies allow rewards program points to go to Haiti relief aid
  Category: General Rewards Credit Card News
  January 30, 2010
  Have also waived fees for aid-associated transactions.more


• Companies increasing rates, fees to deal with Credit CARD Act
  Category: First PREMIER® Bank Credit Card News, Credit Card Legislation News
  January 29, 2010
  Switches include changing accounts to variable rates.more


• Credit card offers convenience for consumers, fees for merchants
  Category: General Rewards Credit Card News, Credit Crunch News
  January 28, 2010
  Fees are divided between banks and payment networks.more


• Consumers should ask questions when considering rewards credit card offers
  Category: General Rewards Credit Card News
  January 27, 2010
  Lenders may be increasing fees or lowering incentives.more


• Banks need to work to reach out to unbanked, underbanked consumers
  Category: Secured Credit Card News, Economy News
  January 27, 2010
  Many Americans may not have the proper financial education.more


• Capital One faces lawsuit in West Virginia
  Category: Capital One Credit Card News
  January 26, 2010
  AG's office claims company uses unfair credit card practices.more


• Syracuse parking meters will accept credit cards
  Category: Visa Credit Card News, MasterCard Credit Card News, Economy News
  January 26, 2010
  Machines being retrofitted in the city.more


• How AmEx credit card offers differ from other accounts
  Category: American Express Credit Card News
  January 25, 2010
  Require that consumers pay balances in full every month.more


• FHA raises credit score requirements
  Category: Credit Score News, Economy News
  January 25, 2010
  Effort is an attempt to reduce lending risks.more


• Consumers should be aware of scams involving increased credit card interest rates
  Category: Identity Theft News, Credit Crunch News
  January 21, 2010
  Thieves may try to gain personal information through fake offers.more


• Airline credit card offers consumers chance to avoid baggage fees
  Category: Airline Rewards Credit Card News
  January 21, 2010
  May end up making up for annual fees associated with the account.more


• New credit card rules could affect profits for Citigroup
  Category: Citibank Credit Card News, Credit Card Legislation News
  January 20, 2010
  Credit CARD Act limits lenders' ability to raise interest rates.more


• New microblog allows people to share purchases on credit cards
  Category: Credit Monitoring News, Economy News
  January 20, 2010
  Could allow for price comparisons among consumers.more


• AmEx and Lowe's making credit card offers to small businesses
  Category: General Rewards Credit Card News, American Express Credit Card News
  January 20, 2010
  New account will allow customers to earn rewards points.more


• Some companies that make credit card offers report drop in delinquency rates
  Category: Discover Credit Card News, Capital One Credit Card News, Economy News
  January 18, 2010
  Chargeoffs still at elevated levels.more


• Liberal magazine making credit card offers
  Category: 0% Interest Credit Card News, Visa Credit Card News
  January 15, 2010
  The Nation is introducing 0% interest credit cards.more


• New regulations from Fed limit credit card offers for young people
  Category: Student Credit Card News, Credit Card Legislation News
  January 14, 2010
  Those under 21 will have to get a cosigner for accounts.more


• Heartland, Visa reach agreement on data breach
  Category: Visa Credit Card News
  January 14, 2010
  Issuers may be able to tap $60 million in funds.more


• AmEx lets cardholders use points to pay taxes
  Category: American Express Credit Card News
  January 13, 2010
  Agreement with two companies makes option possible.more


• Evans: prepaid cards a top innovation
  Category: Prepaid/Debit Card News
  January 12, 2010
  Allow greater payment convenience.more


• Fees for debit raise concerns for retailers
  Category: Visa Credit Card News, Economy News
  January 12, 2010
  Costs passed on to consumers.more


• Number of bankruptcies highest since 2005
  Category: Credit Score News, Economy News
  January 11, 2010
  Consumers risking drop in credit score.more


• Credit cards may offer more protection than debit
  Category: Prepaid/Debit Card News
  January 8, 2010
  Federal law provides consumers with avenue for disputes.more


• Discover survey shows consumers still not confident
  Category: Discover Credit Card News
  January 8, 2010
  Some feel economy is getting worse.more


• Even businesses can be affected by identity theft
  Category: Identity Theft News
  January 7, 2010
  Companies should guard information.more


• Capital One rating upgraded by analyst
  Category: Capital One Credit Card News
  January 6, 2010
  Company that makes credit card offers may have moved past defaults, delinquencies.more


• Theft of gift cards increasing among employees
  Category: Prepaid/Debit Card News
  January 5, 2010
  Workers may fake transactions to complete caper.more


• Cabbies at New Orleans airport must have credit card readers
  Category: Airline Rewards Credit Card News, Economy News
  January 5, 2010
  About 300 drivers have complied with new regulation.more


• Recession leads to concerns about identity theft
  Category: Identity Theft News, Economy News
  January 4, 2010
  Consumers may be worried banks aren't paying attention to security.more


• Thieves use caller ID to steal credit card info
  Category: Identity Theft News
  January 4, 2010
  Two people in Minnesota affected.more


• Connecticut law for credit card offers at colleges takes effect
  Category: Student Credit Card News, Credit Card Legislation News
  January 4, 2010
  Restricts companies' ability to sign up students.more


• Man pleads guilty in large case of identity theft
  Category: Identity Theft News
  January 3, 2010
  Crime involved millions of records being stolen.more


• Bove: Citi should keep credit card business
  Category: Citibank Credit Card News
  January 3, 2010
  Still has opportunities in markets overseas.more


• Companies unveil cell phone credit card readers
  Category: Online Banking News, Economy News
  January 2, 2010
  Devices allow users to swipe cards on their iPhones.more


• Capitol One reports charge offs up in November
  Category: Capital One Credit Card News
  January 2, 2010
  Delinquencies also see an increase.more


• Fed notes payroll cards becoming more popular
  Category: Prepaid/Debit Card News
  January 1, 2010
  Have been subject of federal regulation since 2007.more


• Credit score contest announced in Atlanta
  Category: Credit Score News
  December 31, 2009
  Participants could earn $850 gift card.more


• Prepaid credit cards may have been helped by economic downturn
  Category: Prepaid/Debit Card News
  December 31, 2009
  Some consumers use them to help with budgeting.more


• Poll shows consumers concerned with identity theft
  Category: Identity Theft News
  December 30, 2009
  Some respondents worried about using credit cards online.more


• Prepaid card may save consumers money when traveling
  Category: Prepaid/Debit Card News
  December 30, 2009
  Travel cards avoid currency conversion fee typical for regular credit cards.more


• Credit card offers opportunity to save for a home
  Category: Cash Back Credit Card News
  December 30, 2009
  Consumers could earn up to 25 percent cash back.more


• Consumers should pay attention to credit card offers made by retailers
  Category: General Rewards Credit Card News, Economy News
  December 29, 2009
  Accounts may come with high interest rates.more


• Home modification plans could lower credit score
  Category: Credit Score News, Economy News
  December 29, 2009
  Program designed to help may hurt some consumers.more


• Not using credit accounts could lead to them being closed
  Category: Credit Score News
  December 29, 2009
  Credit score may drop as a result.more


• Companies take notice as some consumers turn to prepaid credit cards
  Category: Prepaid/Debit Card News, Economy News
  December 28, 2009
  Accounts offer parents an option for their children.more


• Former Chicago Blackhawk Stan Mikita - Recent Victim of Identity Theft
  Category: Identity Theft News
  December 28, 2009
  Stan Mikita lost more than $100,000.more


• Consumers may be informed by lenders when credit report leads to less-favorable terms
  Category: Credit Report News, Economy News
  December 24, 2009
  People would get chance to check accuracies of report.more


• Some will delay holiday shopping to last minute
  Category: Credit Score News
  December 24, 2009
  Though buying is late, many plan to pay off debts early.more


• Take fees into account when considering credit card offers for rewards accounts
  Category: General Rewards Credit Card News
  December 23, 2009
  Fees should not offset the potential benefits of the card.more


• Visa partners with organizations to fight certain ecommerce practices
  Category: Visa Credit Card News
  December 22, 2009
  Effort focuses on free trials with 'negative option.'more


• Asian-Americans more likely to bank online
  Category: Online Banking News
  December 21, 2009
  Nielsen Claritas study shows income also plays a role.more


• Identity theft could affect a credit score, so consumers should stay aware
  Category: Identity Theft News
  December 18, 2009
  Protecting information is a key step in being safe.more


• Credit card offers with rewards programs may bring consumers back to plastic
  Category: General Rewards Credit Card News
  December 18, 2009
  Consumers are pulling away from credit in the face of tough economic times.more


• Rewards credit card offers up during third quarter
  Category: General Rewards Credit Card News
  December 17, 2009
  Lenders may concentrate on consumers with better credit.more


• Confusion may come when looking for credit score
  Category: Credit Score News
  December 16, 2009
  A number of firms provide different numbers.more


• One option for underbanked is a prepaid credit card
  Category: Prepaid/Debit Card News
  December 16, 2009
  Market for cards could still increase.more


• Recession, worries about credit score changing consumer habits
  Category: Credit Score News
  December 15, 2009
  Some plan on being more active in avoiding credit card debt.more


• Average credit score for car loans increases
  Category: Credit Score News, Credit Crunch News, Economy News
  December 10, 2009
  Lenders raising requirements.more


• Some credit card offers may spur purchases
  Category: General Rewards Credit Card News, Discover Credit Card News, Economy News
  December 9, 2009
  Almost 20 percent of those surveyed might be motivated by additional rewards.more


• Unbanked households may turn to prepaid credit cards
  Category: Prepaid/Debit Card News, Economy News
  December 4, 2009
  A number of people have turned away from using traditional bank accounts.more


• Banks seek revenue in debit reward programs
  Category: General Rewards Credit Card News, Economy News
  November 30, 2009
  Credit CARD Act causing concern about incomes for credit card companies.more


• Credit card offers from British Airways come with miles
  Category: Airline Rewards Credit Card News
  November 30, 2009
  First-time cardholders could earn 100,000 miles in the first three months the account is open.more


• Shop around when considering credit card offers
  Category: General Rewards Credit Card News, Credit Crunch News
  November 30, 2009
  How a person plans on using a card should influence which one they pick.more


• BoA offers clarity statement for credit cards
  Category: Credit Monitoring News, Credit Card Legislation News, Economy News
  November 30, 2009
  Interest rates, fees to be included in mailings.more


• Account changes could affect credit score
  Category: Credit Score News
  November 30, 2009
  Opting out of a card could affect aspects of a person's credit history.more


• FICO reveals what can cause one's credit score to fall
  Category: Credit Score News
  November 30, 2009
  Declaring bankruptcy has the greatest effect.more


• Fed sponsors ads to inform people about credit cards
  Category: Credit Score News, Economy News
  November 27, 2009
  Effort includes website offering advice on improving a credit score.more


• Improving score can still come through using credit cards
  Category: Credit Score News
  November 25, 2009
  When dealing with holiday shopping, there are ways consumers can use their credit card in order to improve their credit score.more


• Citibank offers way to lower increased rates
  Category: Citibank Credit Card News
  November 24, 2009
  Customers must spend minimum amount each month.more


• Balance transfer offers not as sweet as they used to be
  Category: Balance Transfer Credit Card News
  November 24, 2009
  Fees see increases, and time periods on 0% interest reduced.more


• Using plastic to develop a credit report
  Category: Credit Report News
  November 24, 2009
  Cards make it easier to establish a credit history.more


• Holiday shopping could lead to identity theft
  Category: Identity Theft News
  November 24, 2009
  Consumers need to take precautions to avoid damage to their credit report.more


• Jury rules for defendants in credit score lawsuit
  Category: Credit Score News
  November 20, 2009
  Fair Isaac plans to appeal decision in favor of VantageScore, TransUnion and Expirian.more


• Credit report can affect security clearance
  Category: Credit Report News
  November 19, 2009
  Soldiers in financial trouble may pose greater risk.more


• Card companies report decline in defaults
  Category: Citibank Credit Card News
  November 18, 2009
  However, continued unemployment difficulties may drive up delinquencies.more


• Visa offers new prepaid card
  Category: Prepaid/Debit Card News
  November 18, 2009
  New card aimed at those who may not have a bank account.more


• AmEx delinquencies remain the same
  Category: American Express Credit Card News
  November 17, 2009
  Accounts that are a month late stay at 4.1 percent.more


• FICO releases new service
  Category: Credit Monitoring News
  November 17, 2009
  Intent is to help lenders assess risk.more


• Capital One sees increase in delinquencies
  Category: Capital One Credit Card News
  November 16, 2009
  A rise in delinquencies could lead to more defaults and a more difficult lending environment for people with a lower credit score.more


• AmEx posts increase in amount charged on cards
  Category: American Express Credit Card News
  November 16, 2009
  Spending up 3 percent in October.more


• Credit report alerts vs. freezes
  Category: Credit Report News
  November 10, 2009
  Each provide a different kind of protectionmore


• Some Canadians opting to buy gift cards
  Category: Canadian Credit Card News
  November 4, 2009
  Some people on fixed incomes are turning to the cards when shopping for holiday gifts.more


• MasterCard reports revenues up
  Category: Visa Credit Card News
  November 3, 2009
  Increase in card transactions and price changes cited for higher income.more


• Putting kids on card account could help build their credit score
  Category: Credit Score News
  October 30, 2009
  Some card companies will allow children as authorized users on credit card accounts.more


• Card holders in Toronto warned about scam
  Category: Canadian Credit Card News
  October 30, 2009
  People in Toronto are being warned by authorities regarding credit card offers being made through telephone calls.more


• Credit card offers can come with positives
  Category: Credit Score News
  October 29, 2009
  Having credit cards can help maintain a good credit score.more


• Profit posted by Visa
  Category: Visa Credit Card News
  October 29, 2009
  Company's earnings up, compared to a loss last year.more


• Prepaid cards popular holiday gift
  Category: Prepaid/Debit Card News
  October 28, 2009
  As consumers consider the holiday season, many plan on buying gift cards.more


• AmEx earnings better than expected
  Category: American Express Credit Card News
  October 28, 2009
  The card company reported net earnings that beat the expectations of analysts.more


• Prepaid credit cards act as alternative to other accounts
  Category: Prepaid/Debit Card News
  October 26, 2009
  Rather than deal with fees associated with checking accounts, some people are turning to prepaid cards.more


• Pay off debt on time to help repair damaged credit
  Category: Credit Score News
  October 26, 2009
  Delinquencies can hurt a credit score.more


• Credit score may make people pay more for insurance
  Category: Credit Score News
  October 26, 2009
  People in the northern part of Texas who have a poor credit score may end up shelling out more for insurance.more


• Credit repair companies reach settlement with FTC
  Category: Credit Repair News
  October 23, 2009
  Though some consumers may be looking for help improving their credit report, they should also be wary of credit repair companies that ask for money up front for their services.more


• Credit report could affect students looking for jobs
  Category: Credit Report News
  October 22, 2009
  Applicants are finding some employers are using credit scores as a factor for getting hired.more


• When facing ID theft, a credit report fraud alert may be an option
  Category: Identity Theft News
  October 22, 2009
  Although many people face identity theft, which can hurt a person's credit score, there are a number of things consumers can do to help combat the problem.more


• A good credit score may lead to lower credit card interest rates
  Category: Credit Score News
  October 21, 2009
  People with a good credit score may find that card companies will be more willing to negotiate with them when it comes to interest rates.more


• Some Mastercard accounts closed by Citi
  Category: Citibank Credit Card News
  October 20, 2009
  Recently, a major bank closed some credit card accounts associated with gas stations, an Associated Press report stated.more


• Prepaid credit cards may help save money
  Category: Prepaid/Debit Card News
  October 19, 2009
  A recent study shows that some consumers may find it better to use prepaid cards, which would include prepaid credit cards.more


• Credit score can be affected by identity theft
  Category: Identity Theft News
  October 19, 2009
  One thing that can have a major effect on a consumer's credit score is being the victim of identity theft.more


• Consumers Abused by their Credit Cards
  Category: Credit Card News
  May 22, 2009
  No consumer is safe from potential abusive practices by credit cards. Even consumers with an excellent credit history can be victims of abuse. Read credit news at Creditnet.com.more


• Loopholes in Banking System Allow for Credit Card Fraud
  Category: Identity Theft News
  May 20, 2009
  Major loopholes in the banking system has allowed an alarming rise in credit card fraud in South Africa. Stolen credit cards are used by scammers with absolutely no detection at the time of purchase. Read more at Creditnet.com.more


• Advanta Corp Closing All Credit Card Accounts
  Category: Credit Card News
  May 1, 2009
  Advanta has decided to close all their business credit card accounts. How will this affect you and the economy as a whole?more