CreditCardCo News - Author: Carolyn Spiel
carolyn (85 Posts)
Carolyn Spiel is the owner of a finance blog. She mostly focuses on credit card reviews. She helps the public to decipher some of the more difficult to understand terms and conditions of many credit cards. Her ability to put information in a plain and easy to understand article is a gift that benefits many readers. Also at: Credit Card Blog.
Internet shopping is constantly growing in popularity with more and more consumers using their credit cards to make purchases online.
There have been an increasing number of complaints from the big banks of late in regard to new federal rules which put a limit on how much retailers are charges when consumers make a purchase using their credit card.
In recent weeks Bank of America has come under heavy fire due to their decision to implement a $5 monthly fee for consumers who use debit cards to pay for purchases.
In the wake of the negative reaction to the introduction of a $5 fee for using debit cards by Bank of America, other banks are pledging not to implement fees of their own, with some banks abandoning plans that were …
Citigroup announced this past week that they will retain their once beleaguered retail credit card division.
Citi announced early this week that they had agreed a multi-year renewal of their credit card agreement with the country’s fourth largest retailer, Sears Holdings Corporation.
Regions Bank has teamed up with the University of Alabama to let fans show their team spirit with the new University of Alabama CheckCard which is co-branded and decked out in the distinctive crimson and white team colors.
While their competitors increase bank fees and debit cards charges to meet spiraling costs and regain lost revenue, Citibank is swimming upstream and offering increased earning and redemption opportunities to holders of the Citi ThankYou Preferred Card.
Discover Financial Services have revealed one of the lowest charge off rates across the entire credit card industry at a rate of 3.6 percent of balances on an annualized basis.
Citizens Financial Group have launched a new expenses management solution designed to take the headache out of keeping track of your employee expense management and are offering the service to customers at no extra cost.
Barclaycard and Choice Hotels have announced a new offer which will reward their new credit card holders with 2 to 5 nights free accommodation at participating hotels all over the world.
Fifth Third Bank has announced their intention to launch a new account which will combine a debit and credit card on the same card.