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

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Essential family packing guide for summer travel -- When you have multiple people in your traveling party, a solid packing strategy becomes essential. ... (See Family packing guide)

How to spend your next long airport layover -- Who said getting stuck at an airport for a few hours in between flights has to be a drag? These travel-expert tips, and your card perks, have you covered. ... (See Tips for a long layover)


 Balance transfer

View all balance transfer stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Rate survey: Average card APR sets new record -- May 16, 2018: The average credit card interest rate broke a new record this week as lenders continued to adjust APRs on new cards, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Breaking news

View all breaking news stories

Retail card delinquencies at highest level since 2011 -- Missed payments on retail cards have been on the rise since 2013, according to new data from Equifax ... (See Delinquencies )

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Those with financial plans make other smart money moves -- If you write down a financial plan, you're much more likely to have an emergency fund and pay off your credit card bills monthly, Charles Schwab research shows ... (See Financial planners)


 Business credit, business cards

View all business credit, business cards stories

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Guide to mobile wallets: Samsung Pay, Apple Pay, Google Pay -- Got questions about mobile wallets? Our guide to Samsung Pay, Apple Pay and Google Pay has all the answers about operation, security and rewards ... (See Mobile wallets)

How to handle unpaid corporate credit card -- If you have a credit card from the company you work for with your name on it, you can find yourself battling creditors if the corporation doesn't pay ... (See Company card)


 Business travel

View all business travel stories

How to spend your next long airport layover -- Who said getting stuck at an airport for a few hours in between flights has to be a drag? These travel-expert tips, and your card perks, have you covered. ... (See Tips for a long layover)

Avoiding big surcharges when booking award flights -- If you plan on using award points to book a free flight on American Airlines' partner airlines, British Airways and Iberia, beware of hefty surcharges that can make your ticket feel anything but free ... (See Airline surcharges)

Airport lounge access for the whole family takes planning -- If you're choosing a card or lounge membership for your business travel, consider signing up for one that will allow you also bring your family when you're on the road for a personal vacation ... (See Airport lounge membership)


 Cash back cards

View all cash back cards stories

How to spend your next long airport layover -- Who said getting stuck at an airport for a few hours in between flights has to be a drag? These travel-expert tips, and your card perks, have you covered. ... (See Tips for a long layover)

5 times when a no annual fee card is worth it -- High-end credit cards come with a lot of perks, but sometimes a no annual fee card can offer what you really need. ... (See No annual fee cards)

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Cashing In Q&A columns

View all cashing in q&a columns stories

Should I shop at Whole Foods if I have an Amazon credit card? -- With 5 percent back at Whole Foods with an Amazon credit card, it can be tempting to shop there. But you'll need to do the math to see if you'll actually save money ... (See Amazon - Whole Foods)

Q&A: How do redeemed travel points get refunded if I cancel? -- Airline programs vary. On some, if you book award travel and later need to cancel, you'll get money back. But a lot of airlines' flights are nonrefundable. ... (See Refunds if you pay with points)

Can I sign up for the same card twice and get the sign-up bonus? -- If you already received a sign-up bonus for a credit card and closed it, in some cases you can sign up for the same card again and get the points ... (See Getting the same card twice)


 Credit account management

View all credit account management stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

5 times when a no annual fee card is worth it -- High-end credit cards come with a lot of perks, but sometimes a no annual fee card can offer what you really need. ... (See No annual fee cards)

Raising score for mortgage purposes? Don't open new cards! -- If you want to get your credit in shape for a mortgage approval, don't open new credit cards. Instead, lower your balance on your existing accounts ... (See Mortgages and card balances)


 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 scores, credit reports

View all credit scores, credit reports stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Raising score for mortgage purposes? Don't open new cards! -- If you want to get your credit in shape for a mortgage approval, don't open new credit cards. Instead, lower your balance on your existing accounts ... (See Mortgages and card balances)

Retail card delinquencies at highest level since 2011 -- Missed payments on retail cards have been on the rise since 2013, according to new data from Equifax ... (See Delinquencies )


 Emerging payment systems: Prepaid, debit, gift cards

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

Guide to mobile wallets: Samsung Pay, Apple Pay, Google Pay -- Got questions about mobile wallets? Our guide to Samsung Pay, Apple Pay and Google Pay has all the answers about operation, security and rewards ... (See Mobile wallets)

These gift cards add an extra bonus: discounts, even cash back -- Want to earn cash back rewards while making purchases with a gift card? Start by leveraging them with loyalty programs and rewards cards. ... (See Gift card rewards)

How to accept credit cards at your next garage sale -- Mobile payments have made cash-only garage sales a thing of the past. ... (See Credit cards at garage sales)


 Expert Q&A

View all expert q&a stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Raising score for mortgage purposes? Don't open new cards! -- If you want to get your credit in shape for a mortgage approval, don't open new credit cards. Instead, lower your balance on your existing accounts ... (See Mortgages and card balances)

Q&A: Can I protect my credit score if I can't pay card's full balance? -- Until you are able to regain control of your debt, take these steps to protect your credit score. ... (See Protecting credit score)


 Fine Print

View all fine print stories

Can you cancel your Amazon Prime, Costco memberships and keep using their cards? -- If you cancel a retailer's membership, can you keep using a credit card issued by them? We analyzed two cases: Amazon Prime and Costco. ... (See Retailer membership and credit cards)

Should I get my favorite brand's credit card? -- If you're a fan of a certain brand, you may be tempted to sign-up for their credit card to earn points toward future purchases. But, many of the big brand cards don't offer as much in rewards as a straight travel or cash back card ... (See Big brands and credit card rewards)

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)


 Frequent flyer programs, airline rewards

View all frequent flyer programs, airline rewards stories

How to spend your next long airport layover -- Who said getting stuck at an airport for a few hours in between flights has to be a drag? These travel-expert tips, and your card perks, have you covered. ... (See Tips for a long layover)

IHG Rewards Club Dining guide -- The IHG Rewards Club Dining program lets you earn up to eight points per dollar while eating out at your favorite restaurants. ... (more)

5 times when a no annual fee card is worth it -- High-end credit cards come with a lot of perks, but sometimes a no annual fee card can offer what you really need. ... (See No annual fee cards)


 Get to the Points

View all get to the points stories

Essential family packing guide for summer travel -- When you have multiple people in your traveling party, a solid packing strategy becomes essential. ... (See Family packing guide)

Active-duty military can get fees waived, special perks from rewards cards -- Some credit card issuers waive annual fees for active-duty military members, so it may be worth considering applying for some high-end travel rewards cards. ... (See Active-duty military credit card perks)

Honor mom with a points-fueled trip of a lifetime -- Instead of flowers and chocolates, consider surprising your mom with a trip she won’t forget using miles and points. ... (See Mom getaway)


 Have Cards, Will Travel

View all have cards, will travel stories

How to plan your summer rewards travel with or without points -- If you have a mound of points, great. If you don't, you can score a heap of points or a companion fare with a credit card sign-up bonus ... (See How to plan rewards summer travel now)

How to earn an exotic vacation at the grocery store -- You can earn an exotic vacation by using the right credit card when you fill your shopping cart at the grocery store. Start with a goal, and use the card that will help you achieve it. ... (See Earn a vacation at the grocery store)

Why savvy points earners always pick up the check -- In the world of credit card rewards, there are literally hundreds of points on the table every single time you dine out ... (See Pick up the check to earn rewards)


 Infographics

View all infographics stories

Those with financial plans make other smart money moves -- If you write down a financial plan, you're much more likely to have an emergency fund and pay off your credit card bills monthly, Charles Schwab research shows ... (See Financial planners)

Credit card losses from synthetic identity fraud jump -- Synthetic identity fraud, in which thieves create identities for bogus people, is increasing, Aite Group finds. And losses from the fraud are expected to rise another 53 percent by 2020. ... (See Synthetic identity fraud)

Child ID breaches rampant, usually caused by a familiar face -- In most cases, a family member or friend steals the child's data ... (See Child ID breaches)


 Innovations, features, new products

View all innovations, features, new products stories

Guide to mobile wallets: Samsung Pay, Apple Pay, Google Pay -- Got questions about mobile wallets? Our guide to Samsung Pay, Apple Pay and Google Pay has all the answers about operation, security and rewards ... (See Mobile wallets)

Video: Giving back with your card -- Some credit cards let you donate your rewards to the charity of your choice, with no work on your part. ... (See Donating rewards)

Should I get my favorite brand's credit card? -- If you're a fan of a certain brand, you may be tempted to sign-up for their credit card to earn points toward future purchases. But, many of the big brand cards don't offer as much in rewards as a straight travel or cash back card ... (See Big brands and credit card rewards)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Bill that could help prevent synthetic ID fraud passes Congress -- Banks will have new tools to fight synthetic identity fraud under a bill headed to President Trump's desk ... (See Synthetic ID fraud)

Do I have to pay fees and interest included in a wage garnishment? -- The best time to argue your case or settle the debt for less than you owe was before the judgment was assessed. ... (See Wage garnishment)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Rate survey: Average card APR sets new record -- May 16, 2018: The average credit card interest rate broke a new record this week as lenders continued to adjust APRs on new cards, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Matt About Money

View all matt about money stories

How card rewards rescued my family's vacation -- My family and I were set to travel to Spain over spring break, but a passport snafu nearly forced us to stay home. Here's how miles and points saved our vacation plans. ... (See Last-minute vacation tips)

Why it's wise to keep a card open – and when it's OK to close it -- Keeping a card open is the best way to keep your credit from harm, unless it might lead you to overspend. Here's what to do in that case. ... (See Reasons to keep a card open)

4 things no one tells you about your credit score – but should -- Having good credit is not as hard as you think. Here are four things that will help you stay on top of your credit without too much hassle. ... (See Matt about Money)


 Opening Credits

View all opening credits stories

Q&A: Can I protect my credit score if I can't pay card's full balance? -- Until you are able to regain control of your debt, take these steps to protect your credit score. ... (See Protecting credit score)

Will it hurt my son's credit if I cancel him as an authorized user? -- Once authorized user status is revoked, any credit reporting activity associated with that card disappears. Since children have short histories, they'll take a bigger credit score hit ... (See Cancel child as authorized user)

How are minimum payments determined on a 0 percent balance transfer card? -- Just because you are not being charged interest for a specific time period doesn't mean that you won't have to make minimum payments on that balance. ... (See Balance transfer payments)


 Podcast

View all podcast stories

Charged Up! podcast: How PayPal changed our lives -- Journalist and author Jacques Peretti explains how our spending habits have changed over the last 15 years due to technologies such as PayPal ... (See Podcast)

Charged Up! podcast: Getting your financial life in order -- Learn how to finally get your finances under control with a month-by-month strategy developed by author John Schwartz ... (See Financial organization)

Charged Up! podcast: Making the most out of your card rewards -- Listen to rewards strategist and writer Tony Mecia's tips on making the most out of your credit card rewards ... (See Credit card rewards)


 Products

View all products stories

IHG Rewards Club Dining guide -- The IHG Rewards Club Dining program lets you earn up to eight points per dollar while eating out at your favorite restaurants. ... (more)

Southwest Rapid Rewards Dining guide -- You can earn up to three Rapid Rewards points per mile on your dining purchases with the Southwest Rapid Rewards Dining program. ... (more)

Alaska Mileage Plan Dining program guide -- Our guide shows you how to get more Mileage Plan miles out of the Alaska Mileage Plan Dining program. ... (more)


 Rate report

View all rate report stories

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Rate survey: Average card APR sets new record -- May 16, 2018: The average credit card interest rate broke a new record this week as lenders continued to adjust APRs on new cards, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Rate survey: Average card APR remains at record high of 16.71 percent -- May 9, 2018: None of the cards included in CreditCards.com's weekly rate report advertised new APRs this week. ... (See Rate report)


 Reaping Your Rewards

View all reaping your rewards stories

5 times when a no annual fee card is worth it -- High-end credit cards come with a lot of perks, but sometimes a no annual fee card can offer what you really need. ... (See No annual fee cards)

Should I get my favorite brand's credit card? -- If you're a fan of a certain brand, you may be tempted to sign-up for their credit card to earn points toward future purchases. But, many of the big brand cards don't offer as much in rewards as a straight travel or cash back card ... (See Big brands and credit card rewards)

Hotel cards: Get the most free nights for the fewest points -- Hotel cards can offer some valuable redemption rates, but they're not as straightforward as airline points. Know which hotels give you the most free nights for the fewest points. ... (See Redeeming hotel points)


 Research, statistics

View all research, statistics stories

Retail card delinquencies at highest level since 2011 -- Missed payments on retail cards have been on the rise since 2013, according to new data from Equifax ... (See Delinquencies )

Rate survey: The average credit card interest rate remains at record high -- May 23, 2018: The average credit card interest rate remained at a record high of 16.73 percent Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Those with financial plans make other smart money moves -- If you write down a financial plan, you're much more likely to have an emergency fund and pay off your credit card bills monthly, Charles Schwab research shows ... (See Financial planners)


 Reward programs

View all reward programs stories

How to spend your next long airport layover -- Who said getting stuck at an airport for a few hours in between flights has to be a drag? These travel-expert tips, and your card perks, have you covered. ... (See Tips for a long layover)

IHG Rewards Club Dining guide -- The IHG Rewards Club Dining program lets you earn up to eight points per dollar while eating out at your favorite restaurants. ... (more)

5 times when a no annual fee card is worth it -- High-end credit cards come with a lot of perks, but sometimes a no annual fee card can offer what you really need. ... (See No annual fee cards)


 Speaking of Credit

View all speaking of credit stories

Raising score for mortgage purposes? Don't open new cards! -- If you want to get your credit in shape for a mortgage approval, don't open new credit cards. Instead, lower your balance on your existing accounts ... (See Mortgages and card balances)

Credit score impact of ignoring card debt while living on Social Security income -- If you have credit card debt and are living on Social Security income, you might be tempted to ignore the debt. But there might be other better options for your credit. ... (See Social Security income and card debt)

Can immigrants transition from ITIN to SSN without hurting their credit score? -- Replacing an ITIN with a SSN shouldn't have a major effect on your score, but you must ensure that your credit profile has been updated successfully ... (See New SSN and credit score)


 Student credit cards, young credit

View all student credit cards, young credit stories

New Barclays Upromise World Mastercard to offer 1.25 percent back on every purchase -- Saving for college is about to get even more rewarding – thanks to an upgraded offer for the Upromise Mastercard. ... (See Upromise)

Do student loans, work study, qualify as income on card application? -- Card issuers have different policies on what can be considered income on a credit card application. ... (See Qualifying income on card application)

More millennials have credit card debt than student loans -- More millennials have credit card debt than student loans, a NBC News/GenForward survey finds. ... (See Millennials and credit card debt)


 To Her Credit

View all to her credit stories

Why you shouldn't assume adult son's debts on new card -- It's natural to want to help, but putting your own finances in jeopardy is not the answer. ... (See Son's debt)

Do I have to pay fees and interest included in a wage garnishment? -- The best time to argue your case or settle the debt for less than you owe was before the judgment was assessed. ... (See Wage garnishment)

Is selling our house to pay off card debt a good idea? -- Losing hard-earned equity in your home to pay off card debt usually isn't the best option. ... (See Selling house to pay debt)


 Videos

View all videos stories

Video: Giving back with your card -- Some credit cards let you donate your rewards to the charity of your choice, with no work on your part. ... (See Donating rewards)

Card or cash? When traveling abroad, you often need both -- Credit card or cash? When you travel abroad, you need both plastic and local currency, as some places take cards and some are cash only ... (See Cards or cash for travel abroad?)

Video: 4 times you should close a card -- Here are four times you should consider closing a card, even if it means dinging your credit score ... (See Closing a card)


 Your Business Credit

View all your business credit stories

How to handle unpaid corporate credit card -- If you have a credit card from the company you work for with your name on it, you can find yourself battling creditors if the corporation doesn't pay ... (See Company card)

Can the wine club I belong to charge my card before pickup? -- Many subscription services charge your card on a set date every month, regardless of when you pick up or receive your purchase. ... (See Subscription services)

How to fund a small business -- If you're looking to start a side gig or small business and need some money upfront, consider saving up a small fund to get started and work on building great credit to qualify for a business credit card later. ... (See Small-business credit)