Personal Finance Advice and Commentary

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

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

Two weeks ago, my brother-in-law stumped me with a credit card question. While traveling in Ireland with my family, he encountered retailer after retailer asking if he wanted to charge his purchase with his Capital One credit card in euros or dollars. Imagine my embarrassment when I couldn’t help him answer that question. To keep

Card issuers are continuing to pull out all the stops to attract new customers to travel rewards cards. The latest offer aimed at elite travelers comes from Chase and its British Airways Visa Signature card. For a limited time, the card is offering 100,000 air miles to new customers. With the British Airways Visa Signature

Finding more credit card offers in your mailbox? You’re not alone. Credit card mailings have increased dramatically, according to a recent study by Mintel Comperemedia, a marketing research firm based in Chicago. According to Mintel Comperemedia, American consumers received about 1.4 billion offers for new credit cards in the fourth quarter of 2010, a hefty