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Many credit card companies are now offering their loyal cardholders credit card rewards. This provides the cardholder an opportunity to gain prizes just because they use their card. It is a great incentive for those that may not use their card much. The more credit card rewards they will receive, the more likely they are to use their card more frequently. Credit card companies realize that they profit more when cardholders use their cards more, and so the process is profitable to all involved.
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NEW YORK (CNNMoney.com) -- Your credit card terms may be getting a makeover, for the worse. Thanks to the ailing economy, a tight credit market and banking woes, credit card issuers are increasing fees or slashing risk. Here's what you need to know ...
Read moreSometimes those hurt most by credit cards don't even own one. At least that's the conclusion from an unusual alliance of merchants and consumer advocates fighting against what they say is an unfair, nonnegotiable fee charged by banks that issue ...
Read moreNEW YORK -- Here's one way to dodge credit card debt and late fees: Don't carry any plastic. "People look at me like I'm an anomaly. But guess what? It's a whole lot easier when you're not juggling debt," said Paige LeFevre, a 41-year-old Atlanta ...
Read moreThese days, if you miss even one payment on your credit card, you could be receiving a call from your bank instead of a letter. That is because more and more people are now defaulting on their credit card debt. A recent article in the Wall Street ...
Read moreDanielle Mathias-Lamb, a second-year nursing student, received a letter from Bank of America in January with a shocking message: The credit card she used to pay for her tuition was going to jump to a 28 percent interest rate from 10 percent. More ...
Read moreWASHINGTON — Over the objection of the White House, the House of Representatives today passed legislation to curb what its sponsors regard as abuses and unfair practices in the credit-card industry. By a vote of 312-112, the Credit Cardholders Bill ...
Read moreThe soaring cost of airline fees means thousands of air passengers could lose the protection of paying by credit card. Airlines have increased the amount they charge passengers paying for flights by credit card, leading some customers to pay by debit ...
Read moreLast week I got a glimpse at GoodGuide , a new product recommendation service that rates products as safe, healthy, and green based on their ingredients, manufacturing, and distribution. It's part of a new class of services that are bringing data ...
Read moreThe U.S. House of Representatives approved legislation to protect consumers from lending abuses by credit card companies. "The free ride is over; we're going to have some fair rules," Vermont Democrat Peter Welch said. The credit card measure, passed ...
Read moreWhen it comes to longevity, few royals can top America's King Consumer. For more than four decades, our shopaholic nation has shown an insatiable desire to spend until our credit cards melt. And throughout this era, consumer spending has, well ...
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