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

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

Q&A: Applying for multiple credit cards at the same time is a bad idea -- Multiple hard inquiries, generated when you apply for several cards, can hurt your credit score. Research your options and apply for the one card that best suits your needs, and for which the odds are greatest that you will be approved. ... (See Multiple card applications)

The Equal Credit Opportunity Act: Protecting yourself from credit discrimination -- An August 2017 discrimination settlement against American Express highlights why regulators and consumers need to be more wary. ... (See Equal Credit Opportunity Act)


 Bad credit, credit repair

View all bad credit, credit repair stories

Q&A: Do I have to pay US debts if I now live abroad? -- It’s tempting to just ignore debts when they are on the other side of the world, but if you were ever to return to the U.S., your credit score would be toast ... (See Home abroad, debts in U.S.)

Q&A: Should I contest credit card wrongly reported as closed by me? -- Worried about a credit card that was wrongly reported as closed by you and not the card issuer? Who closed the account is not as important for credit scoring purposes as whether there was a balance on the closed account. ... (See Wrongly reported closed credit card)

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)


 Balance transfer, debt consolidation

View all balance transfer, debt consolidation stories

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)

Store credit cards: 6 ways to stay out of trouble -- A store card can be a good deal in the right situation, but the downside is interest rates of almost 30 percent ... (See Retail credit cards)

Survey: Average card APR stays at record 16.14 percent for fifth week -- The average APR for new card offers remained fixed in place this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See CreditCards.com rate report)


 Best credit cards

View all best credit cards stories

Best cash back credit cards -- A popular card wins our best card contest for the second year in a row. ... (See Best cash back credit cards)

Best Student Credit Cards -- Our panel of judges names the Discover it Chrome as the top student card for fall 2016 ... (See Best student credit cards)

Best No Annual Fee Credit Cards -- Our winner for this summer's best no-annual-fee card gives you an extra incentive to pay your bill on time. ... (See Best no annual fee credit cards)


 Breaking news

View all breaking news stories

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

The Equal Credit Opportunity Act: Protecting yourself from credit discrimination -- An August 2017 discrimination settlement against American Express highlights why regulators and consumers need to be more wary. ... (See Equal Credit Opportunity Act)

ID thieves covet SSNs over credit card data -- Social Security number breaches are outnumbering credit card data breaches 4 to 1 ... (See ID thieves go for the SSNs )


 Business credit cards

View all business credit cards stories

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)

Handling medical bills automatically charged to your card -- If you've agreed to allow medical charges to be put on your card in the event insurance doesn't pay, you could get hit with a big surprise on your next statement. Make sure you take care of the situation swiftly while you still have options ... (See Medical bills)

Survey: Average card APR stays at record 16.14 percent for fifth week -- The average APR for new card offers remained fixed in place this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See CreditCards.com rate report)


 Cash back cards

View all cash back cards stories

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

4 fine-print traps to watch out for in credit card rewards programs -- Making assumptions on how your rewards card program works can lead to disappointing discoveries. ... (See Fine print)

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)


 Cashing In Q&A columns

View all cashing in q&a columns stories

New iPhone X's facial recognition makes Apple Pay cooler -- If you're using your phone to make purchases, iPhone X should make the process easier and safer with the new facial recognition technology ... (See Apple facial recognition)

Q&A: Options for avoiding foreign transaction fees -- If you plan to travel internationally, you shouldn't be paying the 3 percent foreign transaction fee. There are now plenty of cards with no annual fee and no foreign transaction fee you can sign up for ... (See Foreign transaction fees)

Are there Whole Foods perks with my Amazon credit card? -- As Amazon buys Whole Foods, you could see some perks with your Amazon credit card ... (See Amazon)


 Credit account management

View all credit account management stories

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

Q&A: Applying for multiple credit cards at the same time is a bad idea -- Multiple hard inquiries, generated when you apply for several cards, can hurt your credit score. Research your options and apply for the one card that best suits your needs, and for which the odds are greatest that you will be approved. ... (See Multiple card applications)

The Equal Credit Opportunity Act: Protecting yourself from credit discrimination -- An August 2017 discrimination settlement against American Express highlights why regulators and consumers need to be more wary. ... (See Equal Credit Opportunity Act)


 Credit Card Help

View all credit card help stories

8 myths about settling credit card debt -- Before you decide to try debt settlement, make sure you know the difference between common myths -- and the truth ... (See Debt)

Credit Card Help: 9 things you need to know about prepaid cards -- Thinking about picking up a reloadable prepaid card? Here’s what you should know first ... (See Prepaid cards)

10 tips for dealing with debt collectors, collection -- First, pull your head out of the sand. Next, educate yourself on your rights and on who to reach out to for help or to register a complaint ... (See Debt collection tips)


 Credit card videos

View all credit card videos stories

Video: Drawing down debt -- When it comes to getting rid of debt, you've got to be creative and one artist took that idea to a new level when she drew out the statements of every one of her credit cards until they were paid off ... (See Debt)

EMV chip card torture test -- We put EMV chip credit cards through a series of tests to see how they stand up to common threats such as extreme temperatures, water and corrosive liquids. ... (See Test)

Video: Brews and banking with Capital One -- Banks like Capital One are reaching out to customers in a new way, by giving a Starbucks experience to visitors and giving them a chance to get their banking questions answered along the way ... (See Cafe)


 Credit scores, credit reports

View all credit scores, credit reports stories

Q&A: Applying for multiple credit cards at the same time is a bad idea -- Multiple hard inquiries, generated when you apply for several cards, can hurt your credit score. Research your options and apply for the one card that best suits your needs, and for which the odds are greatest that you will be approved. ... (See Multiple card applications)

Use miles, points for last-minute Northeast fall foliage trip -- If you know how to work your miles and points, you can actually still make a last-minute trip Northeast to check out the fall foliage. ... (See Fall foliage trip)

Q&A: Do I have to pay US debts if I now live abroad? -- It’s tempting to just ignore debts when they are on the other side of the world, but if you were ever to return to the U.S., your credit score would be toast ... (See Home abroad, debts in U.S.)


 Emerging payment systems: Prepaid, debit, gift cards

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

Plastiq, Tio: Pros, cons of charging your bills through an online service -- Services such as Plastiq and Tio let you charge many bills you'd otherwise have to pay straight from your bank account. But their fees range between 1.9 and 2.5 percent of each transaction. ... (See Bill-paying services)

New iPhone X's facial recognition makes Apple Pay cooler -- If you're using your phone to make purchases, iPhone X should make the process easier and safer with the new facial recognition technology ... (See Apple facial recognition)

Q&A: Using gift cards to amass reward points -- Prepaid gift cards can be helpful in your rewards earning strategy if you use them the right way ... (See Rewards)


 Expert Q&A

View all expert q&a stories

Q&A: Applying for multiple credit cards at the same time is a bad idea -- Multiple hard inquiries, generated when you apply for several cards, can hurt your credit score. Research your options and apply for the one card that best suits your needs, and for which the odds are greatest that you will be approved. ... (See Multiple card applications)

Q&A: Do I have to pay US debts if I now live abroad? -- It’s tempting to just ignore debts when they are on the other side of the world, but if you were ever to return to the U.S., your credit score would be toast ... (See Home abroad, debts in U.S.)

Q&A: Should I contest credit card wrongly reported as closed by me? -- Worried about a credit card that was wrongly reported as closed by you and not the card issuer? Who closed the account is not as important for credit scoring purposes as whether there was a balance on the closed account. ... (See Wrongly reported closed credit card)


 Frequent flyer programs, airline rewards

View all frequent flyer programs, airline rewards stories

Use miles, points for last-minute Northeast fall foliage trip -- If you know how to work your miles and points, you can actually still make a last-minute trip Northeast to check out the fall foliage. ... (See Fall foliage trip)

Big financial moves can add up to big rewards -- If you're looking to buy or sell a house or refinance, don't miss out on the thousands of points you could earn just by going with a bank offering a big promotion ... (See Rewards for mortgages, refis)

Charged Up! podcast: How to start a profitable side hustle -- If you've wanted to start a side hustle, now is your chance. Side hustle pro, author and world traveler Chris Guillebeau shares his secrets from finding an idea to making the business profitable in less than a month ... (See Chris Guillebeau)


 Get to the Points

View all get to the points stories

Use miles, points for last-minute Northeast fall foliage trip -- If you know how to work your miles and points, you can actually still make a last-minute trip Northeast to check out the fall foliage. ... (See Fall foliage trip)

Scare up rewards miles, cash back on Halloween expenses -- Halloween is a perfect time to hone in on your miles and points-earning strategies ... (See Get to the Points)

Tips for football fans on maximizing hotel rewards points -- Avoid seasonal price hikes by cashing in hotel rewards for free stays ... (See Football and hotel points)


 Infographics

View all infographics stories

ID thieves covet SSNs over credit card data -- Social Security number breaches are outnumbering credit card data breaches 4 to 1 ... (See ID thieves go for the SSNs )

Poll shows people use their credit cards for everyday needs -- Using cards for to earn rewards and as an emergency cushion are also common ... (See Card use poll)

Wallets get thinner as U.S. consumers avoid cash -- With mobile apps gaining traction as an accepted way to pay bills and other people, cash is taking up residence in fewer and fewer wallets. ... (See Cashless survey)


 Innovations, features, new products

View all innovations, features, new products stories

Plastiq, Tio: Pros, cons of charging your bills through an online service -- Services such as Plastiq and Tio let you charge many bills you'd otherwise have to pay straight from your bank account. But their fees range between 1.9 and 2.5 percent of each transaction. ... (See Bill-paying services)

How credit freezes work, what they cost -- Credit freezes can be great tools for protecting yourself against identity theft, experts say, but they're not for everyone ... (See How credit freezes work)

Fraudsters target video games for credit card fraud -- When it comes to gaming, your credit card can be compromised in a variety of ways, including account takeover, phishing and card theft through in-app purchases. ... (See Video game card fraud)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

The Equal Credit Opportunity Act: Protecting yourself from credit discrimination -- An August 2017 discrimination settlement against American Express highlights why regulators and consumers need to be more wary. ... (See Equal Credit Opportunity Act)

ID thieves covet SSNs over credit card data -- Social Security number breaches are outnumbering credit card data breaches 4 to 1 ... (See ID thieves go for the SSNs )

Q&A: Do I have to pay US debts if I now live abroad? -- It’s tempting to just ignore debts when they are on the other side of the world, but if you were ever to return to the U.S., your credit score would be toast ... (See Home abroad, debts in U.S.)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)

Survey: Average card APR stays at record 16.14 percent for fifth week -- The average APR for new card offers remained fixed in place this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See CreditCards.com rate report)

Chart: Historic credit card interest rates -- See key rates data from our weekly survey of card APRs 2010-2017 ... (See Historic credit card rates)


 Opening Credits

View all opening credits stories

Q&A: A small credit limit is fine for first credit card -- Once you demonstrate you can handle the card responsibly over a period of time, you can ask for a credit limit increase ... (See Small credit limit)

How to handle friend who cries fraud over authorized user card -- When someone makes you an authorized user on a card account, they can't accuse you of fraud later. ... (See Authorized user)

Q&A: When bankruptcy doesn't make sense -- The desire to walk away from debt can be strong, but bankruptcy isn't always the cure ... (See Bankruptcy)


 Podcast

View all podcast stories

Charged Up! podcast: How to start a profitable side hustle -- If you've wanted to start a side hustle, now is your chance. Side hustle pro, author and world traveler Chris Guillebeau shares his secrets from finding an idea to making the business profitable in less than a month ... (See Chris Guillebeau)

Charged Up! podcast: Achieving your dreams -- Who says you can't have it all? It depends on what "all" to you is. According to Ann Shoket, former editor-in-chief of Seventeen magazine, the world is your oyster and learning how to prioritize will allow you to enjoy all it has to offer ... (See Anne Shoket podcast)

Charged Up! podcast: The reason behind poor credit -- The root causes of financial distress, poor credit and high debt may not be what you think. Author Rachel Schneider spent a year traversing America and following the lives of hundreds of people to find out the problem ... (See Schneider)


 Products

View all products stories

Bank of America’s new premium travel rewards card offers up to a 75 percent rewards bonus -- Along with a 50,000-point sign-up bonus and rewards on every purchase, the Bank of America Premium Rewards card also lets account holders earn up to a 75 percent bonus on rewards. ... (See Bank of America)

AmEx launches Blue Delta SkyMiles card with no annual fee -- American Express has expanded its Delta SkyMiles product line with the launch of the Blue Delta SkyMiles card. ... (See Delta SkyMiles)

Guide: How to maximize your cash back on Amazon.com -- By using the right credit card, stacking up on coupons and discounts and using some handy tools to find the right price, you can really make your savings on Amazon add up. We’ll show you how in five steps. ... (See Amazon)


 Rate report

View all rate report stories

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)

Survey: Average card APR stays at record 16.14 percent for fifth week -- The average APR for new card offers remained fixed in place this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See CreditCards.com rate report)

Rate survey: Average card APR remains at record 16.14 percent for fourth week -- Sept. 6, 2017: The average APR for new card offers didn’t budge Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rates)


 Reaping Your Rewards

View all reaping your rewards stories

Big financial moves can add up to big rewards -- If you're looking to buy or sell a house or refinance, don't miss out on the thousands of points you could earn just by going with a bank offering a big promotion ... (See Rewards for mortgages, refis)

Keeping tabs on your reward cards -- If you're looking to maximize your card rewards, be sure to set up an organized system ahead of time to ensure you get the most rewards and never miss a payment ... (See Reaping your Rewards)

Pushing reward card applications to the limits -- The lure of reward cards can be strong, and you may decide to apply for every one that appeals to you. But banks are cracking down on how many you can sign up for and how many sign-on bonuses you can rake in ... (See Rewards)


 Research, statistics

View all research, statistics stories

ID thieves covet SSNs over credit card data -- Social Security number breaches are outnumbering credit card data breaches 4 to 1 ... (See ID thieves go for the SSNs )

Rate survey: Average card APR climbs to 16.15 percent -- Sept. 20, 2017: The average APR for new credit card offers inched up to another record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate survey)

Poll shows people use their credit cards for everyday needs -- Using cards for to earn rewards and as an emergency cushion are also common ... (See Card use poll)


 Reward programs

View all reward programs stories

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

Use miles, points for last-minute Northeast fall foliage trip -- If you know how to work your miles and points, you can actually still make a last-minute trip Northeast to check out the fall foliage. ... (See Fall foliage trip)

Big financial moves can add up to big rewards -- If you're looking to buy or sell a house or refinance, don't miss out on the thousands of points you could earn just by going with a bank offering a big promotion ... (See Rewards for mortgages, refis)


 Shopping

View all shopping stories

How credit cards take a bite out of gas prices -- Bonus points, cash back or cents off per gallon of gasoline add up ... (See Credit cards and fuel savings)

Big financial moves can add up to big rewards -- If you're looking to buy or sell a house or refinance, don't miss out on the thousands of points you could earn just by going with a bank offering a big promotion ... (See Rewards for mortgages, refis)

Store credit cards: 6 ways to stay out of trouble -- A store card can be a good deal in the right situation, but the downside is interest rates of almost 30 percent ... (See Retail credit cards)


 Speaking of Credit

View all speaking of credit stories

Q&A: Should I contest credit card wrongly reported as closed by me? -- Worried about a credit card that was wrongly reported as closed by you and not the card issuer? Who closed the account is not as important for credit scoring purposes as whether there was a balance on the closed account. ... (See Wrongly reported closed credit card)

Q&A: Applying for house refinance soon? Don't miss card payments -- The months prior to refinancing your home is not the time to miss bill payments, as this will lower your score. But there are ways to help your score ... (See Miss payments and mortgage)

Q&A: How to combine existing card balances without hurting score -- Combining several existing balances into an old, low-interest card is a smart move, as long as you keep all paid-off cards open to avoid hurting your credit score. ... (See Transfer)


 Student credit cards, young credit

View all student credit cards, young credit stories

Chart: Historic credit card interest rates -- See key rates data from our weekly survey of card APRs 2010-2017 ... (See Historic credit card rates)

Using credit cards for everything has risks, rewards -- Without the proper controls, you could find yourself with more debt than rewards points ... (See Charging)

Sending kids off to college with a rewards credit card -- Sending your kids off to college using a rewards credit card can help you earn rewards points while teaching your kid how to be financially responsible. ... (See College)


 The Credit Guy

View all the credit guy stories

Q&A: Applying for multiple credit cards at the same time is a bad idea -- Multiple hard inquiries, generated when you apply for several cards, can hurt your credit score. Research your options and apply for the one card that best suits your needs, and for which the odds are greatest that you will be approved. ... (See Multiple card applications)

Q&A: Applying for a second card? Keep the first one open -- If you're applying for a second card, don't close the first one. It could boost your credit score. ... (See Second credit card)

Q&A: Can I be sued over card debt beyond the statute of limitations? -- Even if your card debt is beyond the statute of limitations and may be uncollectable, you can be sued. Know your rights under the Fair Debt Collection Practices Act and seek legal advice. ... (See Debt)


 To Her Credit

View all to her credit stories

Q&A: Do I have to pay US debts if I now live abroad? -- It’s tempting to just ignore debts when they are on the other side of the world, but if you were ever to return to the U.S., your credit score would be toast ... (See Home abroad, debts in U.S.)

How to undo fraud charges when thief is a family member -- When you don't want to file a police report on a family member who stole your card, you're stuck with the responsibility of paying the bill. ... (See Family fraud)

Q&A: Is shared CD at risk if I file for bankruptcy? -- If listed only as a beneficiary, then no; but if jointly owned, perhaps ... (See Bankruptcy and CDs)


 Your Business Credit

View all your business credit stories

Handling medical bills automatically charged to your card -- If you've agreed to allow medical charges to be put on your card in the event insurance doesn't pay, you could get hit with a big surprise on your next statement. Make sure you take care of the situation swiftly while you still have options ... (See Medical bills)

How to find corporate cards opened under your company's name -- If you're worried more cards are opened under your company's name than you're aware of, there are ways to find out ... (See Corporate cards)

Chargebacks over merchandise quality can be tricky -- The burden of proving a product isn't genuine can fall on the buyer ... (See Chargeback)