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

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Credit card delinquency statistics -- Our team has compiled statistics on U.S. credit card delinquencies over the years, collections, bankruptcies and much more ... (See Delinquency stats)

Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)


 Bad credit, credit repair

View all bad credit, credit repair stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Credit card delinquency statistics -- Our team has compiled statistics on U.S. credit card delinquencies over the years, collections, bankruptcies and much more ... (See Delinquency stats)

Debt problems plague troops after military service ends -- Returning military service members often face a barrage of personal finance problems ... (See Troops)


 Balance transfer, debt consolidation

View all balance transfer, debt consolidation stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)

How to combat 5 common female financial fears -- Female financial professionals describe the fiscal woes women typically shoulder and how they can be managed -- or avoided altogether ... (See Women's money fears)


 Breaking news

View all breaking news stories

Debt problems plague troops after military service ends -- Returning military service members often face a barrage of personal finance problems ... (See Troops)

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)

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)


 Business credit cards

View all business credit cards stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

How to salvage points earned on a failing business's corporate card -- A corporate bankruptcy doesn't mean rewards points will be seized. There are ways to salvage the points for personal use before the corporate card account is closed ... (See Bankruptcy)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)


 Cash back cards

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Survey: More cards bid farewell to foreign transaction fees -- Consumers looking for a card that won't tack extra fees onto purchases when traveling abroad now have more than 60 cards to choose from, according to CreditCards.com's 2015 foreign transaction fee survey ... (See Foreign fee survey)

When to close an annual-fee card -- Closing a credit card can lower your credit score a bit, but if your annual fee is due and a more rewarding card beckons, it's probably worth it ... (See Annual fee)

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)


 Cashing In Q&A columns

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How to salvage points earned on a failing business's corporate card -- A corporate bankruptcy doesn't mean rewards points will be seized. There are ways to salvage the points for personal use before the corporate card account is closed ... (See Bankruptcy)

Finding a single reward card for the whole family -- If you're looking to consolidate all household charges on one statement, consider adding family as authorized users ... (See Authorized users)

On a foreign trip, should I use credit cards at ATMs? -- The cards you use in the U.S. will probably work fine for international travels, but here are your options ... (See Foreign ATMs)


 Credit account management

View all credit account management stories

Credit card delinquency statistics -- Our team has compiled statistics on U.S. credit card delinquencies over the years, collections, bankruptcies and much more ... (See Delinquency stats)

Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)

Debt problems plague troops after military service ends -- Returning military service members often face a barrage of personal finance problems ... (See Troops)


 Credit Card Help

View all credit card help stories

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)

Trip canceled? Your credit card may reimburse you -- How much of your trip's travel insurance is already covered by your credit card? Some cards offer reimbursements on failed travel plans ... (See Trip cancellation)


 Credit card videos

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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

Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)

Debt problems plague troops after military service ends -- Returning military service members often face a barrage of personal finance problems ... (See Troops)

Reporting stolen cards on someone else's behalf -- If a friend or relative has lost track of credit cards, you can help, but only in a limited way ... (See Help)


 Credit Wise

View all credit wise stories

Reporting stolen cards on someone else's behalf -- If a friend or relative has lost track of credit cards, you can help, but only in a limited way ... (See Help)

Card offer in someone else's name probably not ID theft -- Keep up your guard, but sometimes junk mail is just junk mail ... (See Junk mail)

After one spouse dies, card debt likely impacts the other -- If one spouse dies owing substantial credit card debt, the living spouse can feel the effect, even if it was a solo account not in a community property state ... (See Spousal debt after death)


 Emerging payment systems: Prepaid, debit, gift cards

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

On a foreign trip, should I use credit cards at ATMs? -- The cards you use in the U.S. will probably work fine for international travels, but here are your options ... (See Foreign ATMs)

How to shop (somewhat) anonymously -- Worried about your personal information falling into the hands of data brokers or ID thieves? You can protect it at least somewhat without having to resort to cash-only buying ... (See Shopping (somewhat) anonymously)


 Expert Q&A

View all expert q&a stories

Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)

How to salvage points earned on a failing business's corporate card -- A corporate bankruptcy doesn't mean rewards points will be seized. There are ways to salvage the points for personal use before the corporate card account is closed ... (See Bankruptcy)

Reporting stolen cards on someone else's behalf -- If a friend or relative has lost track of credit cards, you can help, but only in a limited way ... (See Help)


 Frequent flier programs, airline rewards

View all frequent flier programs, airline rewards stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

How to salvage points earned on a failing business's corporate card -- A corporate bankruptcy doesn't mean rewards points will be seized. There are ways to salvage the points for personal use before the corporate card account is closed ... (See Bankruptcy)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)


 Infographics

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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)

What ID thieves do with the financial data they steal -- High-tech hackers get all the headlines, but an analysis of identity theft claims data by Travelers show the most common way stolen data gets used is a low-tech one: Thieves snatch a card, then go out and use it ... (See Use of stolen card data)


 Innovations, features, new products

View all innovations, features, new products 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)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)

Poll: Fraud alert false alarms common -- As banks get more aggressive in combating fraud, about 7 in 10 Americans contacted about possible fraud received at least one alert in error ... (See False alerts)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Credit card delinquency statistics -- Our team has compiled statistics on U.S. credit card delinquencies over the years, collections, bankruptcies and much more ... (See Delinquency stats)

Debt problems plague troops after military service ends -- Returning military service members often face a barrage of personal finance problems ... (See Troops)

Reporting stolen cards on someone else's behalf -- If a friend or relative has lost track of credit cards, you can help, but only in a limited way ... (See Help)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Why credit limits aren't revealed until after you get the card -- Banks don't disclose what your credit limit will be until after you get the card, which means consumers are deprived of a piece of information critical to making an intelligent choice ... (See Credit limit secrecy)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)


 Merchant accounts

View all merchant accounts stories

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)

Card acceptance fees too high? Shop for a new merchant processor -- Franchisees paying high credit card acceptance fees may lower them by shopping for a new merchant processor or promoting customers to pay by other means ... (See Merchant fees)


 Opening Credits

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Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)

New US resident must rebuild credit -- Unfortunately, a positive credit file built up in another country doesn't follow you here. Here's how to start over ... (See Credit building)

How to tell if a 'friend' stole your identity -- Sharing too much information with sketchy "friends" can put you at risk ... (See ID theft by "friend")


 Research, statistics

View all research, statistics stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Credit card delinquency statistics -- Our team has compiled statistics on U.S. credit card delinquencies over the years, collections, bankruptcies and much more ... (See Delinquency stats)

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)


 Reward programs

View all reward programs stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

How to salvage points earned on a failing business's corporate card -- A corporate bankruptcy doesn't mean rewards points will be seized. There are ways to salvage the points for personal use before the corporate card account is closed ... (See Bankruptcy)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)


 Shopping

View all shopping stories

Finally got a zero balance? Good! Now change credit strategy -- After paying off retail cards and shedding all debt, don't slam the door on credit. Keep accounts open and maybe use one occasionally to keep your score up ... (See Paid off)

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)

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)


 Speaking of Credit

View all speaking of credit stories

Why credit limits aren't revealed until after you get the card -- Banks don't disclose what your credit limit will be until after you get the card, which means consumers are deprived of a piece of information critical to making an intelligent choice ... (See Credit limit secrecy)

Getting a mortgage? Pay debts, go easy on charging -- The time between getting preapproved for a mortgage and the closing date on your home is crucial for your credit, so don't blow it by overborrowing ... (See Mortgages and card use)

How mortgage settlements affect your score (and for how long) -- It's been years since the recession thrust millions of homeowners into default. If you've paid your other bills, maybe you can qualify for another mortgage ... (See Deed on report)


 Spotlight: People and their plastic

View all spotlight: people and their plastic stories

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)

Applying repeatedly for credit after being turned down makes it worse -- If your response to being turned down for credit has been to apply over and over again, stop. You're making it worse. Before you do anything else, find out why ... (See Stop applying)


 Student credit cards, young credit

View all student credit cards, young credit stories

Credit card interest rates remain unchanged at 14.99 percent -- May 27, 2015: Average rates on new card offers lingered at 14.99 percent Wednesday after increasing the previous week to their highest point in more than 6 months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Computer financing options for credit newbie -- A 20-year-old weighs a loan versus a credit card for new computer purchase ... (See Options)

Rates jump to 14.99 percent: CreditCards.com Weekly Credit Card Rate Report -- May 20, 2015: Average rates on new credit card offers rose Wednesday to their highest point in more than six months, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates jump to 14.99%)


 To Her Credit

View all to her credit stories

Finally got a zero balance? Good! Now change credit strategy -- After paying off retail cards and shedding all debt, don't slam the door on credit. Keep accounts open and maybe use one occasionally to keep your score up ... (See Paid off)

Defaulted business cards result in tax liability -- Canceled business card debt can resurface as income owed to the IRS ... (See 1099-C)

Don't succumb to lure of debt settlement firm -- Don't pay someone to reduce your debts when you can do it yourself for free ... (See Debt settlement)


 Your Business Credit

View all your business credit stories

To get a business loan, you may need to buff personal credit -- Getting business credit before establishing good personal credit is like trying to learn to run before you can crawl. Take the first step by establishing good credit practices ... (See Building business credit)

Your rights when disputing fraudulent charges on a business card -- If a fleet card that wasn't being used by a small bushiness is suddenly maxed out, the owner's right to dispute and void the charges is similar to the rights for consumer cards ... (See Fraud charges)

Credit for startups almost always requires your Social Security number -- You may be asked for an Employer Identification Number (EIN) but you will almost certainly have to supply a Social Security number too ... (See Business credit)