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.

Coin Launches Version 2.0: An EMV-Ready All-in-One Card

Coin began shipping its next generation plastic on August 26. The card has always included an NFC chip, which enables tap payments similar to Apple Pay, but version 2.0 has a number of upgrades. It is 0.8 millimeters thinner than … Continue reading

Visa Sets Deadline for Debit Card Issuers after Target Settlement

Less than a week after its settlement with Target, Visa has set a deadline for their debit card issuers to receive extra compensation from the Target data breach of 2013. Card issuers who wish to seek payments beyond what they will … Continue reading

Ashley Madison: Everything to Know about the Security Leaks

In July, a group calling themselves the Impact Team hacked into Ashley Madison, a dating website that encourages married couples to have affairs. The website is owned by Avid Life Media, which has been in business since 2001. Apparently, the … Continue reading

MasterCard Tests ‘Selfie Pay’, Facial Recognition Technology

MasterCard is testing new facial recognition technology that would allow users to verify payments with a quick photo. Dubbed "Selfie Pay," this new system will soon be tested in the United States and the Netherlands. To use Selfie Pay, an account … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 25, 2015

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

Target Reaches Settlement with Visa on Massive Data Breach

Nearly two years after the Target data breach that affected 40 million credit and debit card accounts in America, the retailer has finally reached a settlement with Visa for "up to $67 million." The two companies did not release the … Continue reading

BlackBerry Chooses PayPal for Peer-to-Peer Money Transfers

In an effort to catch up with modern technology, BlackBerry has created a money transfer platform on its BBM app that allows users to send money to one another through their phones. The company announced PayPal will be the financial firm … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 18, 2015

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

New Debit Card Offers Real-Time Bitcoin Conversions in UK

Bit-X has introduced a new debit card in the United Kingdom that promises real-time Bitcoin conversions for its users. The cards can be used anywhere debit cards are accepted, including online stores, ATMs and most major retailers. Several Bitcoin debit … Continue reading

Star Trek Credit Cards to Launch in September

We may be seeing the Final Frontier of Finance. The NASA Federal Credit Union announced they will offer four different Star Trek-themed credit cards next month. The four new Star Trek Platinum Advantage Rewards credit cards, offered in conjunction with … Continue reading

The LowCards.com Weekly Credit Card Rate Report August 11, 2015

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

American Express Corporate Cards Now Support Apple Pay

Today, American Express announced they are giving their corporate cardmembers the ability to make transactions with Apple Pay. In a press release, American Express says it is the first major corporate card to be integrated with the Apple Pay mobile … Continue reading

The LowCards.com Weekly Credit Card Rate Report for August 4, 2015

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 Partnership to Bring Samsung Pay to Europe

Samsung's highly anticipated mobile wallet, Samsung Pay, is expected to launch in America this summer, but an expanded partnership with MasterCard will now allow the digital wallet to reach Europe as well. MasterCard and Samsung have an existing partnership for the wallet … Continue reading

Consumers Learning to “Dip” Their Credit Cards

If you have recently received a new credit card in the mail, you may have been asked to "dip" your card when you made your transaction at the store. "Dipping" is replacing "swiping" in today's world of credit cards. New … Continue reading

Growth in European Card Fraud Fueled by Card-Not-Present Transactions

According to the latest FICO report, card fraud in Europe only grew by 6% in 2014. A majority of this increase was due to cross-border fraud, with domestic losses remaining relatively flat. While this number shows promise for the continent's card … Continue reading

PayPal Added to Subway’s Mobile Payment Options

Today, Subway announced an expansion of their mobile payment platform. Their 27,000 sandwich locations in the United States will take PayPal by the end of the year. Subway also introduced an updated app which allows their customers to choose a … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 28, 2015

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

CurrentC Payment App Set to Launch Next Month

CurrentC, often coined as the "Retailer's Answer to Apple Pay," is set to hit stores next month. The initial release of this mobile payment system will be a trial run in select stores, as the nationwide launch isn't set until … Continue reading

Google Testing “Buy Button” on Mobile Search Ads

Last week, Google unveiled a new feature called "Purchases on Google." Consumers now see a "Buy" button on a limited number of mobile search results. If they click on the button, they are taken to a page where they can … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 21, 2015

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

CFPB Reports Debt Collection as Top Consumer Complaint

The Consumer Financial Protection Bureau has officially launched a new series of reports, in which the organization highlights the most common consumer complaints submitted to the Bureau over the previous three months. In each report, the CFPB plans to showcase … Continue reading

The LowCards.com Weekly Credit Card Rate Report  for July 16, 2015

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

Walmart Canada Investigates Potential Online Data Breach

Walmart Canada is currently investigating a potential credit card data breach for an online photo center operated by a third party. The company announced the investigation on Monday and proceeded to close down the website yesterday. "We were recently informed … Continue reading

Americans Would Rather Have Nude Photos Stolen Than Financial Data

According to a new survey from MasterCard, 77% of Americans worry about the security of their personal information. 62% worry about their emails getting hacked, and 46% worry about being pickpocketed. But what is more surprising is the value that … Continue reading

1 in 4 Say Banks Put Corporate Needs Ahead of their Customers

Consumers are starting to become less loyal and less engaged with their banks, according to new information from GfK and Personetics. Only 31% of bank customers reported their banks understood their financial needs, and 28% said banks put their own … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 9, 2015

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

Greek Banking Block Hits PayPal Accounts

With Greek banking and ATM withdrawals coming to a screeching halt last week, it is no surprise that PayPal is limiting what Greeks can do on their accounts. Greek account holders will not be allowed to add funds to their … Continue reading

J.P. Morgan Launches New Prepaid Services

Today, J.P. Morgan Chase is announcing significant changes to its prepaid card program, according to The Wall Street Journal. The new system, under an agreement with New York Attorney General Eric Schneiderman, will provide online bill pay services and person-to-person … Continue reading

Credit Card Tips if Traveling to Greece

Yesterday, Greece held an historic vote on a referendum to accept terms on a new loan from other European countries. The loan terms called for more spending cuts and an increase in taxes. After years of similar loans and policies, … Continue reading

The LowCards.com Weekly Credit Card Rate Report for July 2, 2015

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

Hershey Park Investigates Possible Data Breach

Hershey Park may have become the latest target of a data breach on debit and credit cards used at the resort and theme park. The case is currently under investigation as Hershey Park works with law enforcement to track down the … Continue reading

Atom Bank Will Become UK’s First App-Only Bank

Atom Bank has no physical branches and currently, does not even have a website. But the company was just granted a banking license by the Bank of England and will begin operation later this year as an app-only bank. These … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 25, 2015

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

More Consumers Using Credit Cards to Finance Big Purchases

Americans are increasingly using their credit cards rather than tapping home-equity lines of credit to pay debts or finance a big purchase. According to new research from Sanford C. Bernstein & Co., more consumers are now utilizing their credit cards … Continue reading

Consumers Still Confused about their Credit Scores

The vast majority of Americans (90%) recognize the importance of having access to credit. But a significant percentage (52%) of adults do not understand the most influential factors that go into a credit score, and almost 40% do not know their … Continue reading

Is It Better to Overdraft a Checking Account or a Credit Card?

In desperate times, having the ability to overdraft your checking or credit card account can come in handy. It's like an instant personal loan without having to fill out an application. Of course, this loan has to be paid back right away … Continue reading

MasterCard To Provide Tokenization for Private Label Credit Cards

MasterCard has become the first payment provider to extend tokenization services to store branded credit cards. Tokenization is a unique security feature that credit card providers will adapt in the near future. Rather than collecting card data from their customers, … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 18, 2015

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 Is My Credit Card Limit Determined?

Credit card limits are determined by a variety of factors. Credit card companies are not going to put themselves in a position where they are likely to lose money. Every decision the company makes is based on a customer's potential … Continue reading

First Contactless Debit Card Hits the Saudi Market

Riyad Bank has taken a big step in the Middle East, becoming the first financial institution to release a contactless payment card in the Saudi market. Known as the Riyad Bank Debit MasterCard , this card marks a transition into … Continue reading

4 Downsides To EMV (Chip) Credit Card Technology

Most consumers have heard the reasons credit card companies are investing in new technology in order to keep their customers' valuable personal and financial data safe. Hackers and identity thieves are using sophisticated tactics in order to get their hands … Continue reading

AmEx Launches New Dining and Travel Benefits for Premier Rewards Gold Card

American Express has enhanced the benefits for Premier Rewards Gold Card members with new dining and travel rewards. These perks are available for new cardholders, as well as existing members. Some of the new rewards include: Double points at restaurants in … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 11, 2015

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

Wells Fargo Experiments with Biometrics for Mobile Security

Wells Fargo has decided to hop on the biometrics bandwagon. The bank recently revealed it is working on face and voice identity verification for its banking app, CEO Mobile. The security scan for CEO Mobile consists of a special token … Continue reading

The LowCards.com Weekly Credit Card Rate Report for June 4, 2015

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

Punkey, a New Malware Targeting POS Systems

pLate last week, the FBI sent out an internal cyber alert warning retailers of a new malicious software on the market that could compromise their credit card data. The malware, named "Punkey" based on the sitcom character Punky Brewster, attacks … Continue reading

The LowCards.com Weekly Credit Card Rate Report for May 28, 2015

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

Recent Stories & News

Samsung Pay Launches Limited Public Beta Test

Samsung Pay Launches Limited Public Beta Test

The much-anticipated mobile wallet Samsung Pay has finally hit the market, at least in beta form. Th[...]
Coin Launches Version 2.0: An EMV-Ready All-in-One Card

Coin Launches Version 2.0: An EMV-Ready All-in-One Card

Coin began shipping its next generation plastic on August 26. The card has always included an NFC ch[...]
Citi Simplicity vs ThankYou Preferred

Citi Simplicity vs ThankYou Preferred

Citi is making a big push to capture a larger portion of the credit card market, and this is actuall[...]
Credit Card Delinquencies Remain Low Despite More Subprime Lending

Credit Card Delinquencies Remain Low Despite More Subprime Lending

Even though subprime consumers are once again being courted and approved by credit card issuers, cre[...]
LowCards.com Weekly Credit Card Update–August 28, 2015

LowCards.com Weekly Credit Card Update–August 28, 2015

Banks Offering Mobile Banking But Consumers Slow to Adapt Financial institutions are offering mobil[...]
Banks Offering Mobile Banking But Consumers Slow to Adapt

Banks Offering Mobile Banking But Consumers Slow to Adapt

Financial institutions are offering mobile banking faster than consumers are adapting to it, accordi[...]
Smart Vending Machines Will Become the Norm

Smart Vending Machines Will Become the Norm

Mobile payments are no longer reserved for restaurants and retailers. Through recent technological i[...]