Credit Card News
Bank of America Credit Card Offers Double Rewards for Medical Expenses
Bank of America and pharmacy benefits management company MedImpact have announced a partnership to offer MedImpact's customers a suite of health-related services, including a Bank of America credit card that... Continue reading
Credit Card Companies Put “On Notice” by Senate Banking Committee
The Senate Banking Committee held a session this past Thursday titled "Examining the Billing, Marketing, and Disclosure Practices of the Credit Card Industry, and Their Impact on Consumers" in which... Continue reading
Citi and MasterCard Team Up with Nokia and Cingular on Cell Phone Payment Trial
The evolution of cell phones as payment vehicles may be taking another step forward with a trial slated to begin soon in New York City. Local residents who currently hold... Continue reading
Federal Regulators Rein in “Unfair” Credit Card Practices, But New Rules Don’t Apply Until 2010
The Office of Thrift Supervision on Thursday became the first federal agency to approve a series of new rules aimed at reining in credit card company practices seen as unfair.... Continue reading
Discover Raises International Profile with Purchase of Diners Club
Discover Financial Services announced today its purchase of the Diners Club credit card brand from Citigroup for $165 million. The move will help Discover expand its footprint outside of the... Continue reading
Credit Card Rate Averages Fall Again
Credit card rate averages have again set a new two-year low, according to our IndexCreditCards.com Credit Card Monitor survey, falling even further than we had predicted last month. And, with... Continue reading
Budweiser Visa Launched
The Budweiser Rewards Visa will offer three Specialty Rewards points for every $1 spent at Budshop.com and BudShop retail stores, on items in Budweiser consumer catalogs, on Anheuser-Busch brewery tours... Continue reading
Citi Becomes Exclusive Credit Card Partner to Concert Promoter Live Nation
Citi announced yesterday that it has become the exclusive credit card partner to Live Nation, the concert promoter that is now getting heavily into ticket sales as well. While specifics... Continue reading
Caremark to Incent Patient Behaviors with Credit Card Rewards
Would you choose generic drugs over brand-name drugs to earn extra credit card points? Drug plan provider Caremark plans to find out. Caremark and Bank of America announced today the... Continue reading
Are RFID Credit Cards Easy to Hack?
The New York Times is reporting today on an experiment by a University of Massachusetts professor and graduate student that used a cheaply-made card reader to decode the supposedly encrypted... Continue reading