Even though the new credit card laws changed the way credit card fees were issued, these prickly expenses haven’t gone away.
In a new, far-reaching survey, Bankrate.com takes a look a the fees being levied by credit cards across the spectrum. Their study, which covers several types of credit cards and those issued by banks and [...]
The new credit card laws which took effect earlier this year focused on how companies treated customers they are also affecting how these companies acquire customers.
Consumer Reports has the words straight from the horse’s mouth in the form of a recent letter to shareholders from Chase CEO Jamie Dimon.
Chase is perhaps the biggest credit card [...]
Sometimes, particularly if you recently filed Chapter 7 bankruptcy or are gearing up for a major purchase, you may want to keep a closer eye on your credit report.
Monitoring your credit report may be an effective way to ensure that resolved debts aren’t affecting you anymore, keep an eye out for identity fraud, and track [...]
A 12-year-old boy in the United Kingdom ran up $1,400 in credit card debt while playing the popular Facebook game Farmville.
While logged onto Facebook, the boy had access to his mother’s credit card, and made numerous purchases without her knowledge, reports British paper The Guardian.
In the game Farmville, users can build up a virtual farm, [...]
Many people rationalize using a credit card based on reward points. That’s no mistake, as companies can lure tempting points, prizes and packages as incentives for using their card.
You may get the hard sell at your bank, where they offer “bonus” points or miles for singing up, and you’ve likely received some mail with these [...]
You may have noticed something called “convenience checks” in your credit card bills or other mail from your credit card company. When you get these, be very careful about what you decide to do with them.
These checks, often mailed in small sets and to be used for balance transfers or certain purchases, do not work [...]
Tax season is in full swing: You only have about three weeks left to complete your tax return and get it in the mail. But if you received a big credit card settlement in the last year you may want to take some extra time getting your returns in order.
Forbes.com has a timely blog that [...]
Whenever a credit card is swiped someone has to pay a fee for that transaction. We often assume that the business owner will cover that charge, but that isn’t always the case.
A waitress in Illinois is suing her former employer after the credit card transaction fees were taken out of her paycheck.
Julia Hendrickson alleges that [...]
The new credit card laws are having some unexpected consequences for credit card holders.
While many analysts expected credit card companies to cut back on perks for customers, CNN Money is reporting that in many cases banks are aggressively increasing their paybacks.
The perks are popping up by as much as 25 percent for reward points and [...]
Bank of America is the first major bank to end the practice of overdraft fees on debit cards.
The New York Times has the report, calling the development the end of “$40 cup of coffee.”
Before the recent credit card reform, overdraft protection was a “service” offered by most banks. Customers were often automatically given the service, [...]