Credit Cards News. Tag: 'credit'
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Dropping Default Data May Mean Decreasing Debt
Figures released in the past week or so, have shown that loans of many types, credit cards excepted, have seen a decrease in the rate of defaults for three months in succession.
Financial Literacy Has Direct Bearing On Wealth
A new paper published by the National Bureau of Economic Research indicates that if a consumer wants to avoid arriving at their retirement with no assets, then they must improve the financial literacy of their household.
FFIEC Set Out Guidelines For Safer Mobile Banking
Consumers who use mobile banking might be interested to find that no less than six federal regulators recently teamed up to make accounts managed by mobile banking more secure.
Strange Bedfellows in Interchange Fees Fight
It has often been said that politics makes some strange bedfellows and the old saying has turned out to be very in tune in the much publicized fight over debit card interchange fees.
Unlimited Card Customization from CreditCovers
In recent months, the option to customize or personalize credit cards has become increasingly popular. That’s customization from an aesthetic point of view, not a choice of features! These personalized cards are especially popular among younger consumers.
Chase Pledged $5 million to Japan Relief Fund
JP Morgan Chase announced early this week that they would be pledging $5 million to the relief and recovery efforts in Japan in the wake of one of the biggest earthquakes on record. The company is also encouraging employees to …
Capital One Offers Largest Air Miles Bonus Ever
Capital One is aggressively marketing their Venture Rewards Card by offering what is possibly the largest air miles reward in the card issuers history. New cardholders have the potential to earn a bonus of 110,000 air miles.
Capital One Launches New Student Visa
Capital One has announced the launch of the new Journey Student Rewards credit card which is specifically designed to allow students the opportunity to build their credit rating.
MasterCard Reports Profit Rise in 4th Quarter
MasterCard has announced a rise of 41% in their fourth quarter profits, exceeding all predictions as American consumers, and indeed consumers worldwide, increased the amount of money they spent on debit and credit cards.
AMEX Launches The Quarterlife Project
In a bid to help the younger generation of consumers learn how to manage their money responsibly, American Express has launched a new initiative which they are calling “The Quarter Life” project.
American Express Relaunched the Blue Cash Card
American Express is proud to announce the release of the blue cash card that offers a $25 credit when users charge $500 on items that are eligible. The card also offers 5% back and does not have any annual fees …
FDIC Propose Minimum Capital Standards
The financial industry has recently seen more rules gradually instated by the Dodd-Frank Bank Reform Act that allow more consumer protection within it. And there is a new proposal: a minimum capital standard.
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