Credit Cards Blog

Monday, January 23, 2012 3:32 pm
By Janna Herron · Bankrate.com

Did you hear the one about the lady who got another person’s credit card in the mail? Twice? Cindy Sullivan of Minneapolis received a credit card from U.S. Bank, but the name on the card belonged to the woman who lived in her house more than eight years ago. Fortunately for the woman whose name

» Read more
Friday, January 20, 2012 4:39 pm
By Janna Herron · Bankrate.com

In the race to turn cellphones into credit card readers comes a new app that does just that. Card.io unveiled a mobile application that allows cellphone users to accept credit card transactions by taking a picture of a credit card with their phone and sending a receipt by email to the card’s owner. The app

» Read more
Thursday, January 19, 2012 4:00 pm
By Janna Herron · Bankrate.com

It seems like Chase is letting some delinquent credit card holders loose. Court records in major cities in California, Florida, Maryland, New York and Washington indicate that Chase has withdrawn nearly all its collection suits against cardholders, according to a recent article in American Banker. And Illinois records show the credit card issuer continues to

» Read more
Wednesday, January 18, 2012 4:21 pm
By Janna Herron · Bankrate.com

Five months after Visa proposed carrot-and-stick initiatives for retailers to usher in EMV-enabled credit cards onto U.S. soil, the credit card company is clearing up one fundamental misconception: what EMV cards actually are. In a blog Friday, the company distinguished between EMV-enabled credit cards and chip and PIN credit cards, two terms often used interchangeably

» Read more
Tuesday, January 17, 2012 3:33 pm
By Janna Herron · Bankrate.com

Here’s one more data point showing consumers piled on more credit card debt in the heat of the holidays. Consumer credit advocate CreditKarma.com said residents in only nine states paid down their credit card debt in December from the previous month. Of those, six — Arizona, Idaho, Indiana, Michigan, Oklahoma and Utah — paid down

» Read more
Friday, January 13, 2012 4:59 pm
By Janna Herron · Bankrate.com

Facebook friends could be the worst enemies of your credit score. That’s according to a disturbing article Friday from the New York Observer. The report, penned by Adrianne Jeffries, outlines the next frontier of determining creditworthiness: Using social media connections to help predict if you’ll pay back your credit card. (This is just as scary

» Read more
Thursday, January 12, 2012 4:37 pm
By Janna Herron · Bankrate.com

Remember that ketchup commercial from at least two decades ago: “Good things come to those who wait?” It might as well be, “Good credit scores come to those who wait,” after a new study shows consumers who exhibit more patience tend to have better credit scores. The research comes from the Boston Federal Reserve’s Center

» Read more
Wednesday, January 11, 2012 4:33 pm
By Janna Herron · Bankrate.com

When you’re mad as heck at your credit card issuer, I bet you at least once thought about screaming into the phone …”I’ll see you in court!” I hate to prick your bubble, but it’s probably an empty threat.  The Supreme Court ruled Tuesday that consumers who sign credit card agreements with arbitration clauses can’t

» Read more
Tuesday, January 10, 2012 3:21 pm
By Janna Herron · Bankrate.com

Holy moly, it looks like it was an expensive holiday season. A new report released from the Federal Reserve on Monday showed consumers charged more in November. Revolving credit (aka credit card debt) rose to $798.3 billion from $792.7 billion the previous month. Not only is that the third month in a row credit card

» Read more
Monday, January 9, 2012 3:39 pm
By Janna Herron · Bankrate.com

The worldwide headlines read like an international spy novel with credit cards as the currency of destruction. First strike: A Saudi Arabian hacker rumored to live in Mexico exposes at least 6,000 legit credit card accounts online belonging to Israeli citizens. Second strike: Israeli hackers allegedly are ready to leak the details on thousands of credit

» Read more
Page 30 of 61« First...1020...2829303132...405060...Last »