Credit Card News
American Airlines to Only Accept Credit and Debit Onboard
American Airlines announced today that it will begin to transition to a "cashless cabin" this summer during flights within the United States and to and from Canada. Flight attendants will... Continue reading
Advanta to Cease Small Business Credit Card Lending
Advanta Corp, which specializes in small business credit card issuance, has taken the drastic step of completely shutting down the issuance of credit beginning June 10. No new Advanta credit... Continue reading
PlayStation Visa Launches with $150-Discount Offer on PlayStation 3 Systems
Via its PlayStation blog, Sony announced yesterday the launch of the PlayStation Visa credit card, which will offer reward points good toward PlayStation systems and games, as well as other... Continue reading
Bush Cheney Buy Judicial Branch for $2 Per Share
WASHINGTON – President George W. Bush and Vice President Richard B. Cheney announced today their intention to acquire the United States Judicial Branch for $35 million, or $2 per share,... Continue reading
Credit Card Rates Continue Downward Trend
After hitting a two-year low last week, average credit card rates moved even lower this week, thanks to the three-quarters of a point rate cut delivered by the Federal Reserve.... Continue reading
Average Credit Card Rate Goes Below 14%
Federal interest rate cuts continue to bring down average credit card rates, with the average interest rate for non-reward credit cards dipping below 14% this week, according to our IndexCreditCards.com... Continue reading
Consumer Credit Card Rates Down Slightly
The average credit card rate for non-reward consumer credit cards decreased to 14.10% from its previous 14.14%. For those with excellent credit, the average rate fell to 11.18% from 11.23%.... Continue reading
Average Credit Card Late Fee $35, Over-The-Limit Fee $32.24
Our twice-yearly check on average credit card late fees and over-the-limit fees shows no change since the middle of 2006. The average credit card late fee remains at an even... Continue reading
Credit Card Rates Up, Even After Fed Rate Cut
While the recent cut in interest rates was reason for applause in the financial markets, it was just a finger in the dike in the credit card arena, according to... Continue reading
T.J. Maxx Parent Company Announces Significant Credit Card Security Breach
By Liz Morris TJX Cos., the parent company of retailers T.J. Maxx and Marshall's announced yesterday that hackers have successfully stolen customer credit card information from the company's computer system.... Continue reading