CreditCardsCo News Archives


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Wells Fargo APR Change Prompt Fall In National Average

31 May 2011, by Brian Weston

Wells Fargo APR Change Prompt Fall In National Average

The average annual percentage rate fell this week for the first time since early March, thanks to Wells Fargo making adjustments to the APR range offered on two of its rewards cards.





New Book Explains How To Handle Unexpected Windfalls

30 May 2011, by Joanne Lee

New Book Explains How To Handle Unexpected Windfalls

A recently released financial help book shows that many American consumers would be completely at a loss over what they should pay off in the event of an unexpected cash windfall.





Discover Sees Lowest Delinquency Rate Since 2006

27 May 2011, by Carolyn Spiel

Discover Sees Lowest Delinquency Rate Since 2006

Discover Card customers are making payments on time according to the company’s latest regulatory filing which shows that Discover’s late payments are at their lowest since 2006.





MasterCard Launches World Elite Ad Campaign

26 May 2011, by Brent Thomas

MasterCard Launches World Elite Ad Campaign

MasterCard Worldwide has launched a brand new marketing campaign to raise public awareness of the new and improved features of their World Elite MasterCard.





Small Banks Face Danger From Swipe Fee Reforms

25 May 2011, by Brian Weston

Small Banks Face Danger From Swipe Fee Reforms

As the row over interchange, or swipe, fee reform begins to draw to a conclusion, Federal Reserve chairman Ben Bernake fears, during his recent testimony to the Senate, that new regulations will have a damaging effect on smaller banks and …





Chase Supports Small Business Week 2011

24 May 2011, by Joanne Lee

Chase Supports Small Business Week 2011

Small Business Week ran from May 16 to 20, 2011 and as part of their commitment to lend $12 billion to small businesses this year, Chase Credit Cards offered a cash bonus to small business owners if they opened an …





Study Shows Credit CARD Act 2009 A Success

23 May 2011, by CreditCardsCo

Study Shows Credit CARD Act 2009 A Success

New research published last week by The Pew Health Group’s Safe Credit Cards Project examined the impact of new regulations brought in by the Credit CARD act 2009 on consumers.





Rite Aid Offers Plastic Paychecks

20 May 2011, by Brent Thomas

Rite Aid Offers Plastic Paychecks

Drugstore giant Rite Aid has announced plans to offer their 91,000 employees the opportunity to receive paychecks in the form of prepaid debit cards.





Michaels Security Breach Worse Than Feared

19 May 2011, by Brian Weston

Michaels Security Breach Worse Than Feared

Nationwide craft supplies store Michael’s issued a press release earlier this month alerting customers to the fact that credit card machines in the chain’s Illinois locations had been tampered with, exposing card details to thieves.





Amex Opens New Member Lounge At Universal Studios

18 May 2011, by Scott Townsend

Amex Opens New Member Lounge At Universal Studios

American Express has always been renowned for having a top class member entertainment program. This week the credit card issuer expanded the program further to include a newly opened lounge at Universal Studios in Orlando.





More Than Half Of Retirees In Credit Card Debt

17 May 2011, by Roberta Sanchez

More Than Half Of Retirees In Credit Card Debt

A new study shows that instead of retirement being a time to enjoy the fruits of years of hard work, the recent economic crisis has meant that many consumers now enter retirement with high levels of credit card debt.





Visa 1st Quarter Profits Beat Expectations

16 May 2011, by Carolyn Spiel

Visa 1st Quarter Profits Beat Expectations

Visa has announced 1st quarter profits which have increased 24%, a much more significant increase than experts had predicted for the credit card industry giants.








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