Credit Card News
Now Neiman Marcus breached by credit card hackers
Having heard reports of unusually frequent card fraud from customers of Neiman Marcus's upmarket brick-and-mortar outlets, Brian Krebs, publisher of KrebsonSecurity.com, approached the retailer to ask for further information. And,... Continue reading
Consumers “heart” their rewards credit cards
Capital One recently released its July-September quarterly credit card Rewards Barometer. It's based on a poll of more than 1,000 Americans who have rewards credit cards, and represents all rewards... Continue reading
HSBC’s credit card accounts will soon change hands. Good news for cardholders?
After weeks of fevered speculation, the future of HSBC's U.S. credit card operations has finally been resolved. Capital One Financial Corporation announced yesterday that it had agreed to buy the... Continue reading
Capital One boosts rewards for Black Friday weekend
Capital One last week announced plans for a special Black Friday promotion for holders of its rewards credit cards. From Nov. 25 to Nov. 28, you can gain enhanced points... Continue reading
Capital One, BoA launch new cash back rewards cards
Another week, another new credit card launch. That, at least, is how it feels. As credit card companies begin to feel strong again after the body blow that was the... Continue reading
Credit card offers through the roof
Over the last couple of weeks, this blog (Credit Card News) has been exploring some of the problems that credit card companies currently face, and how they're attempting to deal... Continue reading
Credit card regulation–new rules start Sunday
This Sunday, August 22, will see the implementation by the Federal Reserve of the latest set of rules to arise from the Credit CARD Act of 2009. Many credit card... Continue reading
Chase Freedom Card Relaunches with More Flexible Rewards Formula
Last year Chase launched its Freedom Card with much fanfare, touting the ability to easily move between cash back rebates and reward points programs, as well as offering 3% back/3... Continue reading
Chase Freedom Card Makes Cash Back Redemption Easier with Statement Credits
Chase announced today that its Chase Freedom Card would begin offering cardholders the ability to use cash back rewards as immediate statement credits versus waiting for $50 to accumulate in... Continue reading
Credit card use and debt both decline
Wednesday, Javelin Strategy and Research published research that makes grim reading for executives of credit card companies. Total credit card use is declining as more and more consumers are turning... Continue reading