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

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)

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)

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)


 Bad credit, credit repair

View all bad credit, credit repair stories

Canceling card doesn't wipe out charges for recurring services -- Once you allow recurring charges, they're tough to turn off, but canceling a card will just risk damaging your credit score and won't erase your obligation to pay ... (See Recurring charges)

Statute of limitations doesn't wipe credit slate clean -- Once a debt has passed the statute of limitations, that doesn't mean it gets wiped off your credit report ... (See Old debts)

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)


 Balance transfer, debt consolidation

View all balance transfer, debt consolidation stories

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card APR rises to 15 percent -- June 24, 2015: Average APR on new card offers inched up this week for the first time in over a month, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Don't ignore divorce decree debt mandate -- If the court says you're liable for a debt, even if the bank says you're not, pay up or expect to face a contempt charge ... (See Divorce)


 Breaking news

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Push notifications: the future of bank communication -- Six reasons push notifications will dominate mobile banking in the future ... (See Push notifications)

$7 million in refunds coming for card add-on products -- Consumer protection bureau tells credit monitoring vendors to reimburse customers who paid for services they didn't get ... (See Add-on product refund)

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)


 Business credit cards

View all business credit cards stories

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card APR rises to 15 percent -- June 24, 2015: Average APR on new card offers inched up this week for the first time in over a month, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Cash back cards

View all cash back cards stories

5 tips for saving money on pet purchases -- 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

View all cashing in q&a columns stories

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)

What else can I buy to boost my reward points? -- There are ways to increase your rewards earnings by engaging in what's called "manufactured spending." But the time-consuming pursuit is not for everyone ... (See Manufactured spending for rewards)

Will paying my utility bill on credit earn me points? -- If you pay off your credit card balance in full every month, it makes sense to put as many expenses as you can on your card -- provided you can do so without incurring fees ... (See Utility rewards)


 Credit account management

View all credit account management stories

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)

Canceling card doesn't wipe out charges for recurring services -- Once you allow recurring charges, they're tough to turn off, but canceling a card will just risk damaging your credit score and won't erase your obligation to pay ... (See Recurring charges)

Statute of limitations doesn't wipe credit slate clean -- Once a debt has passed the statute of limitations, that doesn't mean it gets wiped off your credit report ... (See Old debts)


 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

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)

Video: Protect your privacy while using mobile shopping apps -- If you use shopping apps on your smartphone, you may be sacrificing your privacy in ways you aren't even aware of. Here are four steps you can take to protect yourself ... (See Mobile apps and privacy)

Video: Answers to your most-common EMV questions -- As credit cards with secure chips begin to roll out across the U.S., we address some of the most frequently asked questions about them in a video interview with Smart Card Alliance head Randy Vanderhoof ... (See EMV answers)


 Credit scores, credit reports

View all credit scores, credit reports stories

Statute of limitations doesn't wipe credit slate clean -- Once a debt has passed the statute of limitations, that doesn't mean it gets wiped off your credit report ... (See Old debts)

Banks' internal 'behavior scores' can decide cardholder terms -- If you apply for a new card or higher limit from your existing card issuer, they'll judge you with a proprietary 'behavior score' that looks at how you've used their card before ... (See Behavior score)

When does interest begin accruing on charges? -- For those new to credit, it helps to know how interest can add to your balance ... (See When interest charges begin)


 Credit Wise

View all credit wise stories

Canceling card doesn't wipe out charges for recurring services -- Once you allow recurring charges, they're tough to turn off, but canceling a card will just risk damaging your credit score and won't erase your obligation to pay ... (See Recurring charges)

Don't fall for Internet loan scam out of desperation -- After bankruptcy, your choices for personal loans will be limited, but don't make a bad one ... (See Online loan scam)

Notify card issuer immediately if accountholder dies -- Pick up the phone and let the credit card company know; it prevents new charges and identity theft ... (See Deceased)


 Emerging payment systems: Prepaid, debit, gift cards

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

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)

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)

Payment method statistics -- Cash is fading, plastic rules and alternative payment methods are on the rise, according to the latest data on how we pay for things ... (See Payment stats)


 Expert Q&A

View all expert q&a stories

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)

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)

Canceling card doesn't wipe out charges for recurring services -- Once you allow recurring charges, they're tough to turn off, but canceling a card will just risk damaging your credit score and won't erase your obligation to pay ... (See Recurring charges)


 Frequent flier programs, airline rewards

View all frequent flier programs, airline rewards stories

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)

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)


 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

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)

Push notifications: the future of bank communication -- Six reasons push notifications will dominate mobile banking in the future ... (See Push notifications)

What else can I buy to boost my reward points? -- There are ways to increase your rewards earnings by engaging in what's called "manufactured spending." But the time-consuming pursuit is not for everyone ... (See Manufactured spending for rewards)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Canceling card doesn't wipe out charges for recurring services -- Once you allow recurring charges, they're tough to turn off, but canceling a card will just risk damaging your credit score and won't erase your obligation to pay ... (See Recurring charges)

Statute of limitations doesn't wipe credit slate clean -- Once a debt has passed the statute of limitations, that doesn't mean it gets wiped off your credit report ... (See Old debts)

Banks' internal 'behavior scores' can decide cardholder terms -- If you apply for a new card or higher limit from your existing card issuer, they'll judge you with a proprietary 'behavior score' that looks at how you've used their card before ... (See Behavior score)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card APR rises to 15 percent -- June 24, 2015: Average APR on new card offers inched up this week for the first time in over a month, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Average card rates remain at 14.99 percent for fifth week -- June 17, 2015: Interest rates on new credit card offers remained cemented in place Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate reports)


 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

When does interest begin accruing on charges? -- For those new to credit, it helps to know how interest can add to your balance ... (See When interest charges begin)

Score impact of maxing out 3rd line of credit -- Maxing out credit cards is never a good idea, but as long as you pay them off quickly, your score will rebound ... (See Maxing out cards)

Credit score impact of multiple balance transfers -- Moving debt from one balance transfer card to another can damage your credit ... (See Transfer)


 Research, statistics

View all research, statistics stories

Rate survey: Average card rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

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)

Consumer bureau expands complaint data -- Shoppers for financial services have a new trove of material to research, now that the U.S. consumer watchdog is publishing consumers' specific gripes about companies ... (See Complaints data)


 Reward programs

View all reward programs stories

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)

5 tips for saving money on pet purchases -- 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)

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)


 Shopping

View all shopping stories

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)

5 tips for saving money on pet purchases -- 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)

Push notifications: the future of bank communication -- Six reasons push notifications will dominate mobile banking in the future ... (See Push notifications)


 Speaking of Credit

View all speaking of credit stories

Banks' internal 'behavior scores' can decide cardholder terms -- If you apply for a new card or higher limit from your existing card issuer, they'll judge you with a proprietary 'behavior score' that looks at how you've used their card before ... (See Behavior score)

3 quick, easy, inexpensive credit score rebuilding tools -- Paying off all your debt at once will help, but it won't rebuild a slumping credit score by itself. To speed the process, add some new, positive loan payment history. Here's how ... (See Credit rebuilding)

The facts behind debt reduction methods -- How your credit score is affected by a debt reduction plan depends on what type of action you are taking. It helps to know the facts before choosing a method ... (See Debt reduction)


 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 rates hold steady at 15 percent -- July 1, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

When does interest begin accruing on charges? -- For those new to credit, it helps to know how interest can add to your balance ... (See When interest charges begin)

Cross-device tracking raises privacy concerns -- With cross-device tracking, marketers are looking to connect your smartphone, tablet and computer Internet behavior ... (See Cross-device tracking)


 To Her Credit

View all to her credit stories

Statute of limitations doesn't wipe credit slate clean -- Once a debt has passed the statute of limitations, that doesn't mean it gets wiped off your credit report ... (See Old debts)

Getting US loan after living abroad not easy -- Without a current credit history and score, and after living abroad for years, getting bank approval for a U.S. loan is tricky ... (See Loan)

Don't ignore divorce decree debt mandate -- If the court says you're liable for a debt, even if the bank says you're not, pay up or expect to face a contempt charge ... (See Divorce)


 Your Business Credit

View all your business credit stories

Business and personal expenses better on separate cards -- You can legally use a small-business credit card for all of your spending, but there are advantages to keeping them separate ... (See Separate business card)

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)

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)


Uncategorized

View all Uncategorized stories

Tips on choosing a balance transfer credit card -- Balance transfers can be a great tool for managing finances, if you use them to strike a course toward freedom from debt, not to put yourself on a path toward more of it ... (more)

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)