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 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)

6 hotels with water parks you can book with points -- How hotel points can provide a place to sleep as well as provide entertainment with access to world-class pool complexes ... (See Hotels with water parks)

Ready for your first airline card? Ask yourself these questions first -- Ready for that free flight? If your credit is strong, there's no reason why you can't get in on the action ... (See Airline cards)


 Balance transfer

View all balance transfer stories

When to be on the lookout for a credit card upsell -- How to combat the constant barrage of card offers you get from everyone from your insurance provider to your favorite store. ... (See Credit card upsell)

Individual vs. combined utilization: Which one has greater effect on score? -- Having at least one card with high utilization can hurt your score, even if your overall utilization is low. Here's what to do. ... (See Individual vs. combined credit utilization)

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Breaking news

View all breaking news stories

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

CFPB considers deleting complaints from website -- CFPB acting director John M. 'Mick" Mulvaney said deleting public database of consumer complaints about companies is an option ... (See CFPB complaint database)

Chase cuts benefits on 1 card, is reviewing other cards' perks -- Chase is dropping price protection and return protection from an airline credit card, and may be considering further changes to other products. ... (See Chase dropping card benefits)


 Business credit, business cards

View all business credit, business cards stories

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Expat guide: Maximize your US credit card while living overseas -- Moving abroad? Make sure to bring with you a U.S. credit card that charges no fees and includes benefits and rewards on purchases made overseas. ... (See U.S. cards for expats)

Funding a small business when you have a low credit score -- If you're looking to fund a new business but don't have the credit or established history to get a loan, there are ways to do it without resorting to a high interest loan ... (See Small business loans)


 Canada

View all canada stories

Credit file alerts Canadian equivalent of U.S. freeze -- Americans can order credit bureaus to "freeze" third parties -- including creditors -- from viewing their credit profile. Canadians don't have such tough credit file protections ... (See File alerts)

A breakdown of contactless payments -- Wondering exactly how contactless payments work? This illustration breaks it down ... (See Contactless breakdown)

How credit card interest works -- You might know what your credit card's interest rate is, but do you know how interest really works? Here's everything you need to know about your card's APR ... (See Interest)


 Cash back cards

View all cash back cards stories

Using points to visit national parks -- While visiting a national park might get you off the grid, you can use your credit card rewards beforehand to get you there for free ... (See National parks)

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Beefing up thin credit file can improve odds of next card approval -- Issuers want to see that you've successfully managed numerous accounts before approving you for a new, high-end card ... (See Thin credit file)


 Cashing In Q&A columns

View all cashing in q&a columns stories

Is it worth it to transfer Hilton hotel points to American Airlines? -- If you want to transfer hotel points to an airline to get a free flight, check the transfer ratio first to make sure you're not losing value ... (See Transferring points)

How to keep your points when you cancel a card -- When canceling a card, you may lose your points, but in many cases, you won't ... (See Keeping rewards)

What do I do if my credit card rewards are stolen? -- Thieves don't just target your credit line, but they can also get to your rewards. Take some safety precautions to make sure you don't lose what you've earned ... (See Stolen card rewards)


 Credit account management

View all credit account management stories

Spendthrift daughter racks up thousands on mom's card -- After racking up $1,500 in charges, mom told her to stop, but then she kept on spending. ... (See Spendthrift daughter)

Ready for your first airline card? Ask yourself these questions first -- Ready for that free flight? If your credit is strong, there's no reason why you can't get in on the action ... (See Airline cards)

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)


 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: 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)

Video: What are credit card grace periods? -- If you pay your credit card balance in full and on time each month, interest does not start charging immediately on new purchases. This is called a grace period. Let’s see why grace periods are so awesome ... (See Video: A credit card's grace period)

Video: Four times to open a new card -- Getting bogged down with card offers but not sure about adding more plastic to your wallet? Here are four times we think you should definitely take the plunge. ... (more)


 Credit scores, credit reports

View all credit scores, credit reports stories

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)

Individual vs. combined utilization: Which one has greater effect on score? -- Having at least one card with high utilization can hurt your score, even if your overall utilization is low. Here's what to do. ... (See Individual vs. combined credit utilization)

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Emerging payment systems: Prepaid, debit, gift cards

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

Card reward tips to save on baby and bridal shower gifts -- When buying bridal and baby shower gifts, you can use your credit card rewards to rack up points and cut your costs. One tip: Put a group gift on your card to get all the points. ... (See Baby and bridal showers)

Baseball fans, swipe your credit card for 'Ice cold beer here!’ -- MLB vendor Aramark will arm its in-seat food and beverage sellers with card payment systems for the 2018 season. ... (See Baseball vendors accepting credit cards)

4 cooler ways to redeem cash back rewards -- You can offset your statement charges, but you could also put that extra cash toward investing or your favorite charity. ... (See Cash back rewards)


 Expert Q&A

View all expert q&a stories

Spendthrift daughter racks up thousands on mom's card -- After racking up $1,500 in charges, mom told her to stop, but then she kept on spending. ... (See Spendthrift daughter)

Individual vs. combined utilization: Which one has greater effect on score? -- Having at least one card with high utilization can hurt your score, even if your overall utilization is low. Here's what to do. ... (See Individual vs. combined credit utilization)

Beefing up thin credit file can improve odds of next card approval -- Issuers want to see that you've successfully managed numerous accounts before approving you for a new, high-end card ... (See Thin credit file)


 Frequent flyer programs, airline rewards

View all frequent flyer programs, airline rewards stories

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)

6 hotels with water parks you can book with points -- How hotel points can provide a place to sleep as well as provide entertainment with access to world-class pool complexes ... (See Hotels with water parks)

Ready for your first airline card? Ask yourself these questions first -- Ready for that free flight? If your credit is strong, there's no reason why you can't get in on the action ... (See Airline cards)


 Get to the Points

View all get to the points stories

6 hotels with water parks you can book with points -- How hotel points can provide a place to sleep as well as provide entertainment with access to world-class pool complexes ... (See Hotels with water parks)

Airline, hotel rewards card trends to watch for -- Issuers are honing in on giving bigger bonuses to a select few, and reward those who continue to use their cards long after the welcome bonus has been achieved. ... (See Rewards card trends)

4 countries where you can stretch your hotel points -- The U.S. isn’t always where you can get the biggest bang for your points when it comes time to redeem. ... (See Hotel redemption deals)


 Have Cards, Will Travel

View all have cards, will travel stories

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)

Children flying solo? How to save on unaccompanied minor fees -- When buying airfare for an unaccompanied minor, you may be able to pay with your card points and use a premium card's travel credits to cover the added fees. ... (See Save on airfare for unaccompanied minors)

How points and miles can make first-class flights affordable -- Credit card points and miles can make first-class flights affordable. ... (See Points, miles and flying first class)


 Infographics

View all infographics stories

Americans going cashless varies by age and region -- While three in 10 Americans say they never or rarely carry cash anymore, millennial women in the the Southeast and Southwest are leading the way, a Capital One study finds. ... (See Americans are going cashless)

Cardholders desire security features from their mobile wallets -- The No. 1 desired mobile wallet feature: A "No, I didn't buy that" button. ... (See Mobile wallet security)

Half of new credit accounts are opened online -- Half of new credit accounts are opened online, but the percentage differs by generation, a Jumio survey finds. For example, millennials lead in starting and completing a credit application by smartphone. ... (See How we open credit accounts)


 Innovations, features, new products

View all innovations, features, new products stories

New Visa chargeback system aims to speed dispute resolution -- A new Visa chargeback system will speed the dispute process for consumers and cut fraud and costs for merchants. ... (See New Visa chargeback system)

Cardholders desire security features from their mobile wallets -- The No. 1 desired mobile wallet feature: A "No, I didn't buy that" button. ... (See Mobile wallet security)

Chase cardholders can charge advance horse-racing bets -- A decision by Chase to allow credit card transactions for online wagering on horse races is expected to prompt rivals to come out of the starting gate. ... (See Chase and online horse-racing bets)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Spendthrift daughter racks up thousands on mom's card -- After racking up $1,500 in charges, mom told her to stop, but then she kept on spending. ... (See Spendthrift daughter)

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

CFPB considers deleting complaints from website -- CFPB acting director John M. 'Mick" Mulvaney said deleting public database of consumer complaints about companies is an option ... (See CFPB complaint database)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

What to do when a balance transfer credit line isn't big enough -- Options for when that new balance transfer card's credit line isn't large enough to absorb all your high-interest debt. ... (See Balance transfer credit line)

Rate survey: Average card APR holds at record 16.62 percent -- April 11, 2018: The national average APR remained at its record high of 16.62 percent for a second week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Matt About Money

View all matt about money stories

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)

Credit card fees you can (and can't) negotiate with your issuer -- Not all credit card terms are negotiable, but many of them, including late fees and interest rates, are. These tips will help you get better terms on your card. ... (See Card fees you can negotiate)

Shopping for a new credit card: 3 crucial questions to ask -- The right credit card can mean major savings and generous perks. Here's what you need to ask yourself before applying to get the best card for you. ... (See 3 key card questions to ask)


 Opening Credits

View all opening credits stories

Beefing up thin credit file can improve odds of next card approval -- Issuers want to see that you've successfully managed numerous accounts before approving you for a new, high-end card ... (See Thin credit file)

Should I apply for new card just to get the bonus? -- If you have a high score, the ability to apply for and then cancel a new card just to get the bonus is not going to hurt your score much. ... (See Apply for new card)

Steps to clear fraudulent accounts set up by a parent -- A minor is not morally, financially or legally responsible for the debt incurred fraudulently by a parent. ... (See Fraudulent accounts)


 Podcast

View all podcast stories

Charged Up! podcast: How to successfully network -- Author and social scientist David Burkus talks about the most effective way to tap into your network ... (See Podcast on networking)

Charged Up! podcast: Mastering your taxes -- Make sure you're saving all the money you're entitled to when filing your taxes ... (See Podcast: Barbara Weldman on tax savings)

Charged Up! podcast: How smart couples can retire rich -- Numerous times bestselling author David Bach talks about the lessons in one of his most popular books, "Smart Couples Finish Rich." Bach claims you don't need to make a lot of money to make sure you have a lot when you retire ... (See Podcast: How smart couples can retire rich)


 Products

View all products stories

Chase to launch new Marriott Rewards card with a 100,000-point sign-up bonus -- Chase has unveiled plans to launch a new Marriott Rewards Premier Plus card with 100,000 bonus points, 6 points per dollar at Marriott hotels and 2 points per dollar on everything else. ... (See Marriott Rewards)

Get up to 80,000 bonus points and 10x points on hotel stays with Chase’s new IHG cards -- Chase and IHG have added two new products to their credit card portfolio: the IHG Rewards Premier card and the IHG Rewards Club Traveler card. ... (See IHG)

Earn 75,000 miles each year with the new Barclays Arrival Premier card -- Read on to see how – by combining the generous rewards rate with the annual bonus – you can earn more than 75,000 miles each year with the new Barclays Arrival Premier World Mastercard. ... (See Barclays)


 Rate report

View all rate report stories

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Rate survey: Average card APR holds at record 16.62 percent -- April 11, 2018: The national average APR remained at its record high of 16.62 percent for a second week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

Rate survey: Average card APR jumps to all-time high of 16.62 percent -- April 4, 2018: The average credit card interest rate broke a new record this week, landing within rounding distance of 17 percent for the first time ever, according to the Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Reaping Your Rewards

View all reaping your rewards stories

Using points to visit national parks -- While visiting a national park might get you off the grid, you can use your credit card rewards beforehand to get you there for free ... (See National parks)

Are foreign airline credit cards worth it? -- Find out which foreign airlines have domestic partners where you can easily transfer points ... (See Foreign airlines)

How to find hotel deals on hotel booking sites -- The best hotel deals often can be found on third-party websites ... (See Hotel deals)


 Research, statistics

View all research, statistics stories

Rate survey: Average card APR climbs to all-time high of 16.65 percent -- April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)

CFPB considers deleting complaints from website -- CFPB acting director John M. 'Mick" Mulvaney said deleting public database of consumer complaints about companies is an option ... (See CFPB complaint database)

Rate survey: Average card APR holds at record 16.62 percent -- April 11, 2018: The national average APR remained at its record high of 16.62 percent for a second week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Weekly rate report)


 Reward programs

View all reward programs stories

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)

6 hotels with water parks you can book with points -- How hotel points can provide a place to sleep as well as provide entertainment with access to world-class pool complexes ... (See Hotels with water parks)

Ready for your first airline card? Ask yourself these questions first -- Ready for that free flight? If your credit is strong, there's no reason why you can't get in on the action ... (See Airline cards)


 Shopping

View all shopping stories

Spendthrift daughter racks up thousands on mom's card -- After racking up $1,500 in charges, mom told her to stop, but then she kept on spending. ... (See Spendthrift daughter)

When to be on the lookout for a credit card upsell -- How to combat the constant barrage of card offers you get from everyone from your insurance provider to your favorite store. ... (See Credit card upsell)

Expat guide: Maximize your US credit card while living overseas -- Moving abroad? Make sure to bring with you a U.S. credit card that charges no fees and includes benefits and rewards on purchases made overseas. ... (See U.S. cards for expats)


 Speaking of Credit

View all speaking of credit stories

Individual vs. combined utilization: Which one has greater effect on score? -- Having at least one card with high utilization can hurt your score, even if your overall utilization is low. Here's what to do. ... (See Individual vs. combined credit utilization)

Too many new cards hurt my score. Should I cancel them? -- Applying for too many credit cards in a short time period can lower your credit score. Here are three steps you can take to restore your good credit score. ... (See Too many new credit lines)

Unpaid cable termination fees can seriously hurt your credit -- Considering canceling a cable contract without paying termination fees? Think again. It can be sent to collections and seriously hurt your credit. ... (See Unpaid cable termination fees)


 Student credit cards, young credit

View all student credit cards, young credit stories

Best starter credit cards, regardless of your creditworthiness -- Whether you're a student or a first-time cardholder getting in on the rewards game, these starter credit cards can help score savings from day one. ... (See Best starter credit cards)

Best credit card options for DINKs -- Are you a DINK couple – dual income, no kids – looking to splurge on travel, shopping or dining out using your credit card? These options and tips can help. ... (See Best cards for DINKs)

What type of card should I get before I go back to school? -- Once you quit working and become a full-time student, your chances of getting a card are pretty much gone. ... (See First card)


 The Credit Guy

View all the credit guy stories

New house vs. new cars: Which should I buy first? -- Buying a new house and new vehicles will both impact your score. If you want to make sure you qualify, go with the mortgage first. ... (See Credit impact: New house vs. new car)

Card debt payment options for elderly relatives with dementia -- If a relative is unable to take care of credit card debt due to dementia, you have options. ... (See Disabled relatives and credit card debt)

Do I still owe card debt past the statute of limitations? -- Even if your card debt has legally expired, that doesn't mean creditors can't take you to court seeking payment. ... (See Card debt's legal expiration date)


 To Her Credit

View all to her credit stories

Spendthrift daughter racks up thousands on mom's card -- After racking up $1,500 in charges, mom told her to stop, but then she kept on spending. ... (See Spendthrift daughter)

How do I get my lender to report payment activity to the credit bureaus? -- Not all lenders report payment activity to the credit bureaus; make sure yours does before applying for a credit card or loan. ... (See Payment activity)

Can employer deduct card transaction fees from my commission? -- Before you invest time selling products for a company, know exactly how you will be paid. ... (See Card transaction fees)


 Your Business Credit

View all your business credit stories

Funding a small business when you have a low credit score -- If you're looking to fund a new business but don't have the credit or established history to get a loan, there are ways to do it without resorting to a high interest loan ... (See Small business loans)

Some California businesses, but not all, are exempt from surcharge ban -- Ruling by 9th Circuit Court early in 2018 exempts some, but not all, businesses from ban on credit and debit card surcharges. ... (See California surcharge law)

How to get payment if a customer's credit card is declined -- Your small business has options to recover the money that is owed. ... (See Customer payments)