Credit Card News
Visa and Bank of America Renew Partnership Through 2011
After openly entertaining the thought of running its own credit card processing network, Bank of America has decided to stick with Visa, signing an agreement that will keep the two... Continue reading
MasterCard Plans No Fee Increases in 2007
What came as bad news to Wall Street investors is good news for MasterCard credit card holders. While MasterCard announced better-than-expected earnings for the fourth quarter of 2006 due to... Continue reading
Visa Puts Its Money Behind Security
Visa USA announced this week that it will use both rewards and punishment in an attempt to get merchants to be more vigilant about securing cardholder data. Visa will offer... Continue reading
Pacific Gas & Electric Becomes Largest Utility to Accept Credit Cards
Pacific Gas & Electric, which provides natural gas and electric service to over 15 million people in California, announced last week that it will now accept Visa credit card and... Continue reading
New Gap Visa to Offer Rewards at Gap, Banana Republic, Old Navy
Gap Inc. will soon roll out a new Visa card that offers reward points redeemable for merchandise from Gap, Banana Republic and Old Navy stores. While each of the Gap... Continue reading
Senator Charles Schumer Warns on RFID Credit Cards
Radio frequency identification (RFID) credit cards are continuing to make enemies. This past Sunday it was New York senator Charles Schumer holding a press conference on a Manhattan street to... Continue reading
New Citi CashReturns Card Offers Automatic Cash Back and No Earnings Cap
Citi has launched a new cash back credit card that isn't trying to tempt you so much with the size of its rebate but with its simplicity. The new Citi... Continue reading
Visa Going Public
Visa announced today that it intends to restructure its operations to create a new company, Visa Inc., which will then have an initial public offering (IPO) to become a public... Continue reading
Sam’s Club to Accept MasterCard but Not Visa
Sam's Club, the warehouse club arm of Wal-Mart, announced yesterday that it is now accepting MasterCard credit cards for purchases at its 589 stores.� Previously Sam's Club had accepted only... Continue reading
Visa Sweepstakes Offering Ten 100K Holiday Prizes
Unless you're a really big spender, you can probably get all of your holiday shopping done with less than $100,000. So, if you're one of the ten winners in the... Continue reading