About John Oldshue

John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.

7 Ways To Get A Credit Card With Bad Credit

Consumers know how hard it is obtain a credit card if your credit score isn’t up to par. Despite all types of difficult circumstances, such as being laid off due to the poor economy, a bad credit score can prevent … Continue reading

The LowCards.com Weekly Credit Card Rate Report for September 18, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

The Demand For Coin Continues To Grow

The anticipation for Coin's revolutionary smartcard continues to be rather astounding. Coin is a smartcard and app that stores the information for up to eight credit, debit or gift cards. It combines the functionality of a mobile wallet with the … Continue reading

Credit Card Debt Reaches Post Recession High

New credit card debt in America hit a post-recession high in the second quarter of 2014, reaching a total of $28.2 billion, according to a new study. That is the largest amount of debt since the economic downturn and almost 200% … Continue reading

PayPal Launches One-Touch Mobile Checkout for Apps

PayPal is aiming to make mobile app payments a little easier with the launch of its new product, One Touch. This platform helps merchants and app developers give their customers a convenient way to pay for products and services. One Touch … Continue reading

The LowCards.com Weekly Credit Card Rate Report for September 11, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

The LowCards.com Weekly Credit Card Rate Report for September 4, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Retailers Given Tips on Fighting “Backoff” Malware

The "Backoff" malware that led to the massive Target breach last year is said to have infected more than 1,000 businesses in America, and now the Payment Card Industry is trying to protect retailers from an attack. The PCI Council … Continue reading

Gold Dealer Now Takes Bitcoin Instead of Credit Cards

In an effort to prevent credit card fraud on the sale of gold, the owner of Agora Commodities has decided to do away with credit card payments in favor of Bitcoin. The dealer will no longer be processing payments with … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 28, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Coin to Issue 10,000 Beta Cards This Fall

The highly anticipated Coin card will be placed into the hands of 10,000 additional beta testers this fall. A version of the card has already been in test for some time, but only 1,000 people were in the program. This … Continue reading

Credit Card Comparison Site Sued for Displaying Rates

First Premier Bank is suing card comparison site CardHub for displaying its credit card rates and fees on the CardHub website. First Premier claims this is copyright infringement. The suit was filed in a federal district court in South Dakota, … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 21, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Retail Credit Cards Become A Bigger Ripoff

Retail credit cards have always carried extremely high interest rates. But a recent study reveals these interest rates have increased over two percentage points in the past few years. The average APR for retail credit cards is now 23.23%. The survey … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 14, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Lock Your Debit Card With This Smartphone App

Ever wish you could just "turn off" your debit cards when you aren't using them? Then you wouldn't have to worry about someone spending money from your account. Thanks to an app from Malauzai Software, you could lock your bank … Continue reading

5 Tips For Credit Card Management In Your 20′s

Your 20’s are an important time in your life. It is usually when you are first given the burden of handling and managing your own money. For many, this can be liberating, but it also comes with its own set … Continue reading

“Backoff” Malware Program Causes Big Headache for Homeland Security

A program intended to help consumers fight credit card fraud is causing a significant problem for the Department of Homeland Security. Backoff is a malware program deployed to a store's point-of-sale system through remote access applications. Remote access applications are programs that … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 7, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

GameStop To Offer Credit Card With Very High APR

GameStop, the retail store that purchases and resells used games, will soon introduce its own credit card. The card will be marketed to hard core game enthusiasts in the United States, but it comes with some pricey drawbacks that may send … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 31, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Will Apple Enter the Mobile Wallet Fight?

Apple is rumored to be making plans for a mobile wallet to be launched this fall. This would allow current iPhone users to pay for physical items with their phones through an Apple-based software program. Apple is currently talking with … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 24, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Google Wallet Now Supports Gift Cards

Google Wallet has introduced a helpful new option for gift card users, allowing them to load the card's balance directly to their phones. The new gift card support is part of a series of upgrades Google recently put into the … Continue reading

New York’s Data Breaches Exposed 22.8 Million Personal Records

According to a report from New York's Attorney General, 22.8 million private records of New Yorkers have been exposed due to data breaches over the last eight years. The data breaches were reported by over 3,000 businesses, nonprofit organizations and … Continue reading

Rogue Flash Player Steals Credit Card Information from Android Devices

A new Trojan has started threatening Android users by disguising itself as Adobe Flash Player. Encountering this program could easily put your credit card data at risk. At this time, the malware is mostly targeting Russian users, but its codes … Continue reading

Looters Steal Credit Cards, Valuables from Malaysia Airlines Victims

The crash site of Malaysia Airlines Flight 17 is now being looted by locals. According to reports, thieves have already taken credit cards, jewelry and cash from the victims. The horrific tragedy already cost the lives of 295 innocent victims. … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 17, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Late Payments on Credit Cards Show Significant Decline

Overall credit card debt has dropped substantially since the recession several years ago. Consumers are carrying less of a balance on their credit card accounts. Cardholders are slowly shifting from being "revolvers" to "transactors." As a result, one major change … Continue reading

Eight-Year-Olds Can Now Get a MasterCard in the UK

Eight-year-old children in the UK can now have a debit card to call their own, thanks to the Osper Prepaid MasterCard. According to the Daily Mail, prepaid cards have been available for children 11 and up for some time, but … Continue reading

FTC Sues Amazon Over In-App Purchases by Children

The Federal Trade Commission is suing Amazon on behalf of parents who were charged for purchases their children made without their permission. The lawsuit claims Amazon allowed kids to rack up millions of dollars in transactions through their platform without … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 10, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Expresscoin Expands Bitcoin Trading to Canada

Digital currency retailer Expresscoin has expanded into the Canadian market. This marks the first expansion for the company outside of the United States. Expresscoin, which allows consumers to buy and sell Bitcoin and other altcoins, is one of the only companies to offer … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 3, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Debit Card Usage Increasing Despite Recent Data Breaches

The 2014 Debit Issuer Study from PULSE showed a consistent growth in consumer and business debit card use in 2013, despite the data breaches that have taken place in the past year. 14% of all debit cards were exposed in … Continue reading

Flaw Found in PayPal’s Authentication Process

PayPal is one of the most trusted online payment processors, but a flaw was recently discovered in its two-factor authentication process. PayPal asserts that no account information was revealed during the breach, and they are now aware of vulnerability in … Continue reading

Top 5 Summer Travel Credit Cards Of 2014

If you are a big summer traveler, you need to learn what credit cards give you the kinds of rewards and perks that match up with your interests. Most travelers are already familiar with credit cards that provide perks for … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 26, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Hackers Use YouTube to Sell Credit Card Data

YouTube is currently under fire for allowing thousands of videos on their website that promote the sale of stolen credit card data. Many of these videos are seen right next to ads for credit card companies like Visa, MasterCard and … Continue reading

Scan Credit Card into iOS 8 Safari Using Your iPhone Camera

Apple has made some major improvements to iOS 8 over the last few months, and one of them is a new ability to take pictures of your credit card to use in Safari. Instead of entering your card information manually, … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 19, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

How MasterCard Could Make Big Money from Your Spending Data

MasterCard is expected to see a huge boost in its profit margins by selling data about cardholder spending patterns to banks, retailers and government agencies across the country. MasterCard handles payments for more than two billion cardholders and merchants, and it … Continue reading

Credit Card Fraud May Also Be in Play at World Cup

Events like the World Cup are breeding grounds for credit card breaches, so soccer fans are being warned about using their cards during the popular event. The World Cup is taking place over the next month throughout 12 locations in Brazil, … Continue reading

Bitcoin Debit Card to Launch This Month

The much anticipated Bitcoin debit card from Xapo is set to launch sometime this month. The card will be accepted anywhere major debit or credit cards are accepted, though Xapo has not released the name of the card network it … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 12, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Top 3 Chase Credit Cards of 2014

If you are a Chase banking customer and looking for a new credit card, you have plenty of attractive options. You can take advantage of the perks that Chase offers its customers, such as relatively low interest rates, 0% APR … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 5, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

MasterCard Extends Zero Liability Policy at the ATM

MasterCard issued a zero liability policy for ATM transactions shortly after the Target card breach last year. Now, the company has decided to extend that policy through the month of October. The current policy protects cardholders when they use their … Continue reading

Scammers Target UPS, FedEx Customers

Everywhere we turn, it seems scammers and thieves are at work to steal our personal information. Overnight shipping companies seem to be the latest industry to be targeted. One scam involves UPS. Criminals purchase merchandise with stolen credit cards. They … Continue reading

eBay Data Breach May Be Bigger Than Target’s

The recently discovered eBay hack has the potential to be even larger than last year's Target breach. If the latest reports are true, the eBay breach may have compromised more than 100 million users' account passwords. eBay suspects the hackers … Continue reading

Recent Stories & News

Home Depot Breach Hit 56 Million Credit And Debit Cards

Home Depot Breach Hit 56 Million Credit And Debit Cards

September 19th, 2014

Earlier this month, Home Depot announced a data breach that hit its 2,200+ home improvement stores i[...]

LowCards.com Weekly Credit Card Update–September 19, 2014

LowCards.com Weekly Credit Card Update–September 19, 2014

September 19th, 2014

Millions of Americans' Wages Seized over Credit Card and Medical Debt Millions of Americans are sti[...]

7 Ways To Get A Credit Card With Bad Credit

7 Ways To Get A Credit Card With Bad Credit

September 18th, 2014

Consumers know how hard it is obtain a credit card if your credit score isn’t up to par. Despite all[...]

The LowCards.com Weekly Credit Card Rate Report for September 18, 2014

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September 18th, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tra[...]

PayPal Will Accept Bitcoin Through Its Subsidiary

PayPal Will Accept Bitcoin Through Its Subsidiary

September 18th, 2014

In an effort to adapt to the changing world of cryptocurrency, PayPal recently announced it will be [...]

Barclaycard Offers 0% APR for 34 Months On Balance Transfers in UK

Barclaycard Offers 0% APR for 34 Months On Balance Transfers in UK

September 17th, 2014

There are some very good balance transfer offers on credit cards here in the United States. But noth[...]

The Demand For Coin Continues To Grow

The Demand For Coin Continues To Grow

September 17th, 2014

The anticipation for Coin's revolutionary smartcard continues to be rather astounding. Coin is a [...]