Credit card news archive

Credit card news stories and articles archive at CreditCards.com.





Latest credit card news


 All credit card news

View all credit card news stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Cities with the biggest, smallest credit card debt burdens -- People on the coasts aren't known for frugal living, but when you consider their income, they carry the lightest credit card debt ... (See City debt burden)

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)


 Bad credit, credit repair

View all bad credit, credit repair stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)

Secured card may be best when on a fixed income -- With your deposit as your credit line, you can't spend more than what you can repay ... (See Secured card)


 Balance transfer, debt consolidation

View all balance transfer, debt consolidation stories

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

How a balance transfer card can boost FICO score -- Opening a new line of credit can boost your rating by reducing your overall debt-to-credit-limit ratio ... (See Balance transfer)

You've paid off your debt. Now what? -- Being debt-free comes with new disposable income. Here’s how to manage it. ... (See Debt-free)


 Breaking news

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Cities with the biggest, smallest credit card debt burdens -- People on the coasts aren't known for frugal living, but when you consider their income, they carry the lightest credit card debt ... (See City debt burden)

Citi refunding $700 million for credit card add-ons -- Regulators ordered Citibank to refund $700 million to 8.8 million card holders for debt protection, credit monitoring and same-day payment fees ... (See Citi refund)

2015 credit card fee survey: Issuers favoring fees, consumers beware -- Credit card issuers are showing an ever-increasing appetite for fees, a new survey from CreditCards.com shows, with the average card carrying six different fees. ... (See Fee survey)


 Business credit cards

View all business credit cards stories

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Business debt caused by partner's con? You're still on the hook -- A business owner must pay credit card debt he owes, even though it was caused by an ex- business partner's shenanigans ... (See Business debt)

Rate survey: Average card rate remains at 15 percent -- July 15, 2015: Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Cash back cards

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5 tips for saving money on pet costs -- If the cost of your animal companion is draining your wallet, it's time to rethink how your pay for your precious pet's care. ... (See Saving on pet costs)

Cash back rewards scarce for business owner with bad credit -- Bad personal credit? Rewards may be out of reach until you raise your score, even if your business itself has good credit ... (See Cash back for business)

Using credit to manage monthly income swings -- Rich one month, poor the next? If handled wisely -- and only occasionally -- credit cards can be a lifeline ... (See Income swings)


 Cashing In Q&A columns

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Cashing in reward points after death -- If you've got to oversee distribution of reward points to heirs of a deceased cardholder, it's best to redeem them for something with a concrete value ... (See Rewards)

Rewards earned via business spending are tax-free, for now -- The IRS has been consistent in its interpretations, but increasing complexity could prompt changes ... (See Tax free rewards)

5 questions for picking a rewards card -- and 1 that shouldn't matter -- To benefit from rewards cards, pay your balance monthly and the APR won't matter. After that, consider these factors ... (See Rewards)


 Credit account management

View all credit account management stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Cities with the biggest, smallest credit card debt burdens -- People on the coasts aren't known for frugal living, but when you consider their income, they carry the lightest credit card debt ... (See City debt burden)

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)


 Credit Card Help

View all credit card help stories

6 ways to safeguard cards when shopping electronically -- Shopping online or via an app is convenient, but it can put your credit or debit card at risk. Here are ways to stay safe ... (See App security)

Gas card survey finds pedestrian rewards -- When it comes to rewards, the most venerable of credit cards -- gas-brand cards -- remain stuck in the slow lane, with high APRs and limited paybacks. They remain useful for credit-building or a quick burst of savings ... (See Gas card survey)

Financing a new laptop? Do the math first -- A 0-percent finance deal to buy a new computer is almost too good to pass up for one consumer. But being new to credit, this might not be the best way to go ... (See Financing)


 Credit card videos

View all credit card videos stories

What to say (and NOT say) to debt collectors -- When a debt collector calls, you may be tempted to lose your cool. This video shows you how to handle that dreaded phone call ... (See When debt collectors call)

Video: Debt collector calling? Know your rights -- Find out what a debt collector can and cannot say when they call you ... (See Debt collector)

Video: Tips for using mobile gift cards -- Mobile gift cards can slim down your wallet while keeping your gift cards organized and safely password protected. They make great last-minute gifts, too ... (See Mobile gift card tips)


 Credit scores, credit reports

View all credit scores, credit reports stories

Secured card may be best when on a fixed income -- With your deposit as your credit line, you can't spend more than what you can repay ... (See Secured card)

What to say (and NOT say) to debt collectors -- When a debt collector calls, you may be tempted to lose your cool. This video shows you how to handle that dreaded phone call ... (See When debt collectors call)

Tips to boost credit score enough to qualify for a mortgage -- Low and mismanaged credit can be bumped up by taking these three credit card actions ... (See Improve score)


 Credit Wise

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Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)

Can too many cards lead to loan rejection? -- According to FICO, there is no such thing as a penalty for too much unused credit ... (See Rejection)

Setting payment priorities for cards, co-signed student loans -- The interest rates on the various loans will have a lot to say about which you should tackle first ... (See Prioritizing payments)


 Emerging payment systems: Prepaid, debit, gift cards

View all emerging payment systems: prepaid, debit, gift cards stories

Cardless cash ATMs aim to reduce fraud -- New technology allows you to use your smartphone to withdraw cash, as a way to fight growing ATM fraud ... (See Cardless cash)

Perks multiply in latest generation of elite cards -- Why shell out $400 a year or more just to carry a super premium credit card? It's all about the perks. ... (See Elite cards)

For uncontrolled spenders, cash-only may be the right lifestyle -- Despite the benefits of credit cards -- convenience, purchase guarantees and rewards -- plastic is simply too convenient for some consumers to handle. If you're one of them it may be time to switch to a cash-only lifestyle ... (See Cash-only)


 Expert Q&A

View all expert q&a stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)

Secured card may be best when on a fixed income -- With your deposit as your credit line, you can't spend more than what you can repay ... (See Secured card)


 Frequent flier programs, airline rewards

View all frequent flier programs, airline rewards stories

How credit cards saved my vacation -- As intrepid travelers know well, few trips go perfectly as planned. That's when your credit card can come to the rescue. ... (See Vacation)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Cashing in reward points after death -- If you've got to oversee distribution of reward points to heirs of a deceased cardholder, it's best to redeem them for something with a concrete value ... (See Rewards)


 Infographics

View all infographics stories

Volume of credit cards finally back up near pre-recession levels -- As of the fourth quarter of 2014, the total number of open credit card accounts, and the volume of new cards being issued, are both nearing the 2008 levels ... (See Credit card volume)

Survey: Employees less likely to borrow on cards for necessities -- A fifth of employees have to borrow on their credit cards to pay for monthly necessities, a study by PwC shows, but overall, workers' financial wellness is improving ... (See Employees' financial wellness)

NY Fed: Debt in collection shrinks -- The percentage of accounts in collections and the average size of those debts both shrank, according to new data from the New York Fed. ... (See Debt in collections)


 Innovations, features, new products

View all innovations, features, new products stories

Cardless cash ATMs aim to reduce fraud -- New technology allows you to use your smartphone to withdraw cash, as a way to fight growing ATM fraud ... (See Cardless cash)

Perks multiply in latest generation of elite cards -- Why shell out $400 a year or more just to carry a super premium credit card? It's all about the perks. ... (See Elite cards)

3 ways to strengthen weak or nonexistent credit -- Building up your credit will take work and time. But knowing where to get started is key ... (See Strengthening credit)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)

What to say (and NOT say) to debt collectors -- When a debt collector calls, you may be tempted to lose your cool. This video shows you how to handle that dreaded phone call ... (See When debt collectors call)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card rate remains at 15 percent -- July 15, 2015: Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Survey: Average card rates remain at 15 percent for a 3rd week -- July 1, 2015: Interest rates on new credit card offers remained untouched this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)


 Merchant accounts

View all merchant accounts stories

Lowering merchant fees on large sales -- If your business sells big-ticket items, merchant fees on credit card transactions can add up. That doesn't necessarily mean you should limit your card acceptance, though ... (See Merchant fees)

8 steps to fighting chargeback fraud -- Credit card chargeback fraud is an ongoing problem for small businesses, which can have dire consequences. Though it's hard to detect, there are ways to fight back ... (See Chargeback fraud)

7 tips for using online alternative business lenders -- When banks turn them down for loans, small businesses are increasingly turning to online "alternative" lenders. The loans they provide can be a lifeline, but higher interest rates mean you should proceed with caution ... (See Online alternative business loans)


 Opening Credits

View all opening credits stories

How a balance transfer card can boost FICO score -- Opening a new line of credit can boost your rating by reducing your overall debt-to-credit-limit ratio ... (See Balance transfer)

Don't let new card's annual fee take you by surprise -- When applying for a new card, take the time to review its fee structure before you sign up ... (See Fees)

Report ID theft, even if the card was never used -- If a card card account was fraudulently opened but not used, it's still a crime, just as someone who broke into your house but didn't manage to steal anything is still a crook ... (See Theft)


 Research, statistics

View all research, statistics stories

Cities with the biggest, smallest credit card debt burdens -- People on the coasts aren't known for frugal living, but when you consider their income, they carry the lightest credit card debt ... (See City debt burden)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

2015 credit card fee survey: Issuers favoring fees, consumers beware -- Credit card issuers are showing an ever-increasing appetite for fees, a new survey from CreditCards.com shows, with the average card carrying six different fees. ... (See Fee survey)


 Reward programs

View all reward programs stories

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Cashing in reward points after death -- If you've got to oversee distribution of reward points to heirs of a deceased cardholder, it's best to redeem them for something with a concrete value ... (See Rewards)

Myth: Too much available credit hurts home loan -- If you have many cards with little or no balances, closing them won't boost your credit score ... (See Myth)


 Shopping

View all shopping stories

You've paid off your debt. Now what? -- Being debt-free comes with new disposable income. Here’s how to manage it. ... (See Debt-free)

New mobile sale apps help make a dent in your debt -- Apps and specialized websites are making personal sales simpler, safer and more lucrative than ever before. ... (See Mobile sales)

3 tips for using credit card price protection -- Price protection is a little-known credit card perk that could save you hundreds of dollars. But you have to know how it works to take advantage ... (See Price protection plans)


 Speaking of Credit

View all speaking of credit stories

Tips to boost credit score enough to qualify for a mortgage -- Low and mismanaged credit can be bumped up by taking these three credit card actions ... (See Improve score)

How a balance transfer card can boost FICO score -- Opening a new line of credit can boost your rating by reducing your overall debt-to-credit-limit ratio ... (See Balance transfer)

Myth: Too much available credit hurts home loan -- If you have many cards with little or no balances, closing them won't boost your credit score ... (See Myth)


 Spotlight: People and their plastic

View all spotlight: people and their plastic stories

Money advice from famous TV dads -- Sheriff Andy Taylor, Ben Cartwright, Louis Huang and even Homer Simpson can give financial lessons ... (See Money advice from TV dads)

How 'microresolutions' can transform your finances -- 'Small Move, Big Change' author Caroline Arnold was tired of failing her New Year's resolutions, so she took a bold step to break them down in achievable actions ... (See Microresolutions)

Q&A 'Future Crimes' author Marc Goodman -- Technology is rapidly evolving and so is cybercrime. Marc Goodman, author of "Future Crimes: Everything Is Connected, Everyone Is Vulnerable, and What We Can Do About It," explains ... (See Marc Goodman)


 Student credit cards, young credit

View all student credit cards, young credit stories

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card rate remains at 15 percent -- July 15, 2015: Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Don't let new card's annual fee take you by surprise -- When applying for a new card, take the time to review its fee structure before you sign up ... (See Fees)


 To Her Credit

View all to her credit stories

Secured card may be best when on a fixed income -- With your deposit as your credit line, you can't spend more than what you can repay ... (See Secured card)

Collectors can't win judgment without proof of debt -- A collector cannot win in court without proof that a debt is yours ... (See Proof)

Build credit before house hunting -- The desire to own a home may be strong, but with no credit, it's just a dream ... (See Home buying)


 Your Business Credit

View all your business credit stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Business debt caused by partner's con? You're still on the hook -- A business owner must pay credit card debt he owes, even though it was caused by an ex- business partner's shenanigans ... (See Business debt)

If disputing a charge with PayPal, approach merchant first -- if you want to continue to maintain a good relationship with a merchant, it's always better to try to seek a refund from him directly than to go straight to a card issuer or a third-party processor such as PayPal ... (See Refunds)


Uncategorized

View all Uncategorized stories

0 percent credit cards: a sweet deal if played right -- A credit card with an introductory 0 percent APR is one of the best deals in personal finance. It's also one of the most important ... (more)

Tips for choosing a business card -- One of the primary benefits of a business card is to separate your personal finances from your business account. This helps limit your personal risk ... (more)

Tips for choosing a student credit card -- A student credit card can be a meaningful first step toward financial independence, a way of building the kind of credit that can help secure ... (more)