Personal Finance Advice and Commentary

Thursday, December 29, 2011 5:38 pm
By Lucy Lazarony · Bankrate.com

At long last, the checks are in the mail. For the more than 10 million credit card customers who filed claims in an antitrust class-action lawsuit over foreign-currency conversion fees charged between 1996 and 2006, the settlement checks are on the way. The first checks were mailed to consumers in late November, and the mailings

Wednesday, November 09, 2011 5:07 pm
By Lucy Lazarony · Bankrate.com

Discover has dropped its 2 percent fee on foreign transactions. As of Nov. 6, Discover will no longer charge foreign currency conversion fees to customers using their Discover cards outside the United States, according to Kathryn Henry, a spokeswoman for Discover. This change in policy regarding card transactions made in foreign countries applies to all

Wednesday, March 30, 2011 1:25 pm
By Lucy Lazarony · Bankrate.com

Chase is dropping the fee for foreign purchases from another of its travel rewards credit cards. Chase is eliminating foreign transaction fees on its Marriott Rewards Premier credit card, according to an email from Chase Card Services. The Marriott Rewards Premier credit card comes with a $65 annual fee, which is waived in the first

Tuesday, March 08, 2011 1:33 pm
By Lucy Lazarony · Bankrate.com

Credit card issuers are looking to woo elite travelers by dropping foreign transaction fees, dropping annual fees for the first year and rolling out hefty sign-up bonuses. Chase announced that it would no longer charge foreign currency conversion fees on the United Mileage Plus Visa and the Continental Presidential Plus card, The New York Times

Tuesday, January 25, 2011 1:21 pm
By Lucy Lazarony · Bankrate.com

Some major credit card issuers are eliminating penalty interest rates and easing off some credit card fees, according to a Jan. 22 article in The Wall Street Journal. Bank of America, Wells Fargo and Huntington Bank have stopped charging penalty interest rates on customers who pay late on their credit card bills. And Bank of