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.

MasterCard and Zwipe Launch First Contactless Payment Card with Fingerprint Sensor

MasterCard and Zwipe have teamed up to create the world's first contactless payment card with built-in fingerprint sensor. The card is designed to provide superior security with the help of biometric technology while maintaining the convenience of swipe-free payments. The … Continue reading

The LowCards.com Weekly Credit Card Rate Report for October 23, 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

Federal Agents Accused of Misusing Credit Cards

A congressional hearing last week revealed there may have been significant misuse of taxpayer-funded credit cards by federal agencies. This is occurring in spite of the Government Charge Card Abuse Prevention Act of 2012 which was passed to prevent this. Auditors discovered more than … Continue reading

The LowCards.com Weekly Credit Card Rate Report for October 16, 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

Stratos Raises $5.8 Million for All-in-One Credit Card

Stratos is a startup that could become a direct competitor for the Coin all-in-one credit card. Stratos has now managed to raise $5.8 million in funding before it started manufacturing its product, a process that is now underway. Stratos works much … Continue reading

Ways to Get a Credit Card after Bankruptcy

Rebuilding your financial life after bankruptcy is not easy. Your credit score has taken a tremendous hit and needs to be increased. This will take time but you must be diligent in working toward this goal. One way for people … Continue reading

The LowCards.com Weekly Credit Card Rate Report for October 9, 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

Consumers Feel Better about Personal Finances

According to a new survey, consumers in the United States are finally starting to feel better about their personal finances. Absolute Strategy Research has been studying perspectives on job security, future economic prospects and financial success since mid-2009. In June … Continue reading

TraxPay and MasterCard Take B2B Payments to a Global Level

Traxpay is one of the leading companies in business to business payments, and thanks to MasterCard, it can now provide financial solutions for businesses on a global market. Traxpay currently serves clients in Europe, but it will be able to … Continue reading

The LowCards.com Weekly Credit Card Rate Report for October 2, 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

Stolen Medical Data Worth 10 Times More Than Credit Card Information

How much are your medical records worth? About $10 on the open market, which is 10 times more than the average stolen credit card number. According to Reuters, cyber criminals are beginning to turn their attention to medical records in … Continue reading

The 10 States with the Most and Least Credit Card Debt

Which states have the most credit card debt? The least? A new study by Experian-Oliver Wyman Market Intelligence Reports analyzed the average credit card debt in United States for the second quarter of this year, and it found that Alaska remained … Continue reading

The LowCards.com Weekly Credit Card Rate Report September 25, 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

What Happens When I Cancel a Credit Card?

Feel like you have too many credit cards in your wallet? If so, you might be tempted to cancel the cards you no longer use. This is a good way to minimize your potential for debt, but it could actually … Continue reading

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

Recent Stories & News

LowCards.com Weekly Credit Card Update–October 24, 2014

LowCards.com Weekly Credit Card Update–October 24, 2014

October 24th, 2014

Staples Investigates Reports of Possible Credit Card Data Breach The world's biggest office-supply [...]

Intel Develops Security Solution for Credit Card Transactions

Intel Develops Security Solution for Credit Card Transactions

October 23rd, 2014

As the world continues to strive for better credit card security, Intel has developed a hardware-sof[...]

MasterCard and Zwipe Launch First Contactless Payment Card with Fingerprint Sensor

MasterCard and Zwipe Launch First Contactless Payment Card with Fingerprint Sensor

October 23rd, 2014

MasterCard and Zwipe have teamed up to create the world's first contactless payment card with built-[...]

Online Bookstore Sourcebooks Suffers Data Breach

Online Bookstore Sourcebooks Suffers Data Breach

October 23rd, 2014

Most of the major data breaches that have occurred in the past year have taken place with transactio[...]

The LowCards.com Weekly Credit Card Rate Report for October 23, 2014

The LowCards.com Weekly Credit Card Rate Report for October 23, 2014

October 23rd, 2014

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

Paying for College Tuition with Credit Cards Can Be Costly

Paying for College Tuition with Credit Cards Can Be Costly

October 22nd, 2014

Despite the convenience that comes with paying for college tuition with a credit card, the choice to[...]

Citibank to Provide Free Credit Scores to Cardholders

Citibank to Provide Free Credit Scores to Cardholders

October 21st, 2014

Citibank will become the largest credit card issuer to provide free credit scores to their credit ca[...]