Credit Cards
McLaren's Zak Brown, Mastercard's Raja Rajamannar tout partnership ahead of Las Vegas Grand Prix
McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing…
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Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Consumers likely paid hefty fees on Valentine’s Day if they bought gifts using credit cards. Swipe fees — fees credit…
High debt is causing more consumers to live paycheck-to-paycheck
Many workers are living paycheck-to-paycheck, with about one in three citing debt as one of the main reasons why, according…
CFPB finalizes rule capping credit card late fees at $8 on average
The Consumer Financial Protection Bureau (CFPB) is finalizing a rule that limits how much consumers are charged in late fees.…
Best rewards credit cards where you can use points toward things like travel, cash back
If you are going to be spending money anyway, you might as well earn some points when you swipe. There…
Credit card late fees capped at $8 under new Biden admin rule
The Biden administration on Tuesday finalized a new rule to cap all credit card late fees at $8, a move…
Credit card balances surge past trillion dollar mark as Americans struggle to build savings
Credit card balances hit a new benchmark in the fourth quarter of 2023, with balances topping the $1 trillion mark…
Credit card interest rates predicted to fall, but debt remains high
Predictions abound for credit card interest rates in the coming months. Like many interest rates, it's likely credit card interest…
How Capital One’s acquisition of Discover could impact consumers
In the wake of Capital One announcing plans to purchase Discover earlier this week, opposing views have already emerged over…
Capital One’s purchase of Discover faces political and regulatory hurdles
Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major…
Capital One, Discover merger will break Visa-Mastercard ‘duopoly,’ analysts say
Capital One Financial's $35.3 billion deal for Discover Financial would create new competition for payments behemoths Visa and Mastercard, potentially…
Consumer spending and debt are up as US economy begins rebound
Retail and food service purchases hit an estimated $700.3 billion in January 2024, a 0.6% rise from the year before,…
Student loan payments may be to blame for a spike in credit card delinquencies
A growing number of Americans are falling behind on their monthly credit card payments, and student loan repayments could be…
Bilt Rewards stops renters from ‘lighting your money on fire,’ founder and CEO Ankur Jain says
Bilt Rewards allows Americans to be rewarded for paying their rent, which is most people’s biggest monthly expense, as the…
Credit card debt poised to a hit a new record high
Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost…
Delta, American Express up card fees and add more perks
Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes…
Many consumers carrying a credit balance know it’s a bad idea: survey
Americans know that carrying a credit card balance is a bad idea, but 45% typically do so anyway, a recent…
Inflation broke Americans’ holiday budget – here’s how long it will take to pay off debt
Most Americans are experiencing a holiday spending hangover that could take months to recover from, a recent survey said. Seventy-four…
Read this before you sign up for a college credit card
Students may think that a credit card sponsored by the college or university they attend will offer them the best…