Credit Card News
Citi Facebook app allows friends to pool rewards points
On Jan. 3, Citi unveiled a new program, the first of its kind, that's designed to allow those with the bank's rewards credit cards to pool their points through Facebook.... Continue reading
Verizon drops fee for paying with plastic
The good folks of Basking Ridge, N.J., must have been choking on the stench of burning rubber last week. The source of the noxious fumes? The headquarters of Verizon Wireless... Continue reading
Reports show surge in credit card use for 2011 holidays
It now looks close to certain: the 2011 holiday season was the time when many Americans once again fell in love with their credit cards, at least according to a... Continue reading
Survey measures stress of holiday credit card debt
With most of it over, we can now look back over the 2011 holidays, and ask: Was it worth it? Of course, spending time with family and friends is priceless,... Continue reading
Senator proposes new rules for prepaid cards
Prepaid cards are clearly on the upswing. According to a U.S. senator's website, Mercator Advisory Group reckons that the amount of money loaded onto "open loop" prepaid cards that you... Continue reading
Credit card news roundup, holiday edition
It's a busy time of year, so here in a very quick read is a news digest comprising four stories that haven't been covered in the main IndexCreditCards.com news blog.... Continue reading
Rewards credit cards now in retailers’ sights
If you've been following the credit card news blog here on IndexCreditCards.com, you'll know all about "interchange" fees, which are also known as "swipe" fees. They're the cut of the... Continue reading
Credit card debt bucks upward trend
There. It's been said. Like sane people everywhere, your blogger used to point and laugh when he saw an economist in the street, throw soft furnishings at the screen when... Continue reading
Rumors of HSBC’s demise may be greatly exaggerated
Is HSBC going to sell its U.S. credit cards business, or close it down if it can't find a buyer? There's certainly plenty of media coverage suggesting that that's the... Continue reading
Credit card debt makes a rare uptick
The Federal Reserve's monthly consumer credit report for May was released July 8. And it showed that "revolving" credit (which is 98 percent credit card debt) jumped that month at... Continue reading