LowCards.com Weekly Credit Card Update–July 2, 2015

The Postal Service Wants You to Bank at Your Post Office Elizabeth Warren would like to change the way you bank. The Massachusetts Senator and consumer advocate firebrand may not be running for president. But her backing of the U.S. … 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

CFPB Slams Two Credit Card Add-On Companies for Unfair Billing Practices

Today, the Consumer Financial Protection Bureau has fined two companies, Intersections, Inc. and Affinion Group Holdings, Inc, for selling credit card add-on products to consumers, but never providing the services to the buyers. Many credit card companies work through third-party … Continue reading

35% of Adults Bring Credit Card Debt into Relationships

Over one-third (35%) of adults bring credit card debt into new relationships, more than any other form of financial debt, according to a new survey from NerdWallet. Men were more likely to bring credit card debt into the relationship than … Continue reading

LowCards.com Weekly Credit Card Update–June 26, 2015

Who's Addicted to Mobile Banking Are consumers addicted to mobile banking? Well, if pulling out a mobile phone to check a bank account balance during dinner--and even on a date--qualifies as addictive, then the answer is yes. A Chase-commissioned survey … Continue reading

Citi and Brooks Brothers Enter Credit Card Partnership

Today, Citi Retail Services and Brooks Brothers, the country's longest established apparel brand, announced a multi-year credit card relationship. Citi will provide private label and co-branded credit cards for the retailer. Citi currently provides private label and co-branded cards for … 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

LowCards.com Weekly Credit Card Update–June 19, 2015

Almost One in Six US Consumers are Using Mobile Wallets Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% … 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

Chevron and Texaco Launch Xponent Prepaid Gas Rewards Card

Chevron and Texaco have partnered to provide a new prepaid rewards card for fuel purchases. Known as the Xponent Rewards Card, this new opportunity gives consumers a chance to earn a discount on fuel just by spending money on everyday gas … Continue reading

How to Maximize Credit Card Benefits

Do you want to get the most out of your credit card rewards program? If so, you need to know how to use your credit card in the most efficient way. There are simple adjustments you can make to your … Continue reading

LowCards.com Weekly Credit Card Update–June 12, 2015

Hackers Go After Little Fish, Too, While Trawling for Credit Cards Hackers are going local in their efforts to steal credit card information from United States customers, hitting small businesses with as much frequency as retail giants. Take Eataly, the … 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

Capital One Venture Rewards vs. Barclaycard Arrival Plus

Airlines started their frequent flier programs as way of rewarding their best customers and encouraging loyalty. In addition, airlines began offering credit cards that earn frequent flier miles to extend these programs beyond travel. Yet in the past decade, the … Continue reading

LowCards.com Weekly Credit Card Update–June 5, 2015

FBI Warns Retailers of New Credit Card Malware A recent cyber attack against a restaurant chain's credit card system prompted the FBI to issue a warning last week that criminal hackers are using new malicious software to steal personal financial … Continue reading

Google Receives Major Support for Android Pay

Last week, Google announced that its mobile payment platform, Android Pay, will be available on Android tablets and smartphones. In the short time since its unveiling, the Apple Pay competitor has already received substantial support from a number of large … Continue reading

BitStamp Launches Bitcoin Debit Card in Europe

The European Bitcoin platform BitStamp has launched a prepaid debit card that can be used anywhere major credit or debit cards are accepted. The Bitcoins loaded onto the card can be converted to Euros, British pounds or American dollars for … 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

New Discover Cardholders Can Double Their Cash Back Rewards

One of the better credit card rewards programs just became even more attractive. Yesterday, Discover announced that consumers who apply and are approved for eligible cards during June and July will have their cash rewards doubled at the end of … Continue reading

Nordstrom Sells Credit Card Portfolio to TD Bank

Brand name clothing store Nordstrom has decided to sell its credit card portfolio to TD Bank Group, giving the Toronto-based bank exclusive rights to issue private label credit cards and branded Visa cards for its stores in the United States. … Continue reading

LowCards.com Weekly Credit Card Update–May 29, 2015

As Chip Cards Become Norm, Other Fraud Targets Rise Studies show a climb in the number of "digital shoppers" in the U.S. every year from 2010 with growth expected to continue. But as more buy online, security experts say "Card … 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

Fuel Rewards Expand the Ways Consumers Save Money on Gas

Fuel Rewards is an innovative program designed to save people money on gas purchases they already may be making. The company has now expanded to a national merchant coalition, giving shoppers even more ways to earn rewards. The new program … Continue reading

Capital One Venture vs. Chase Sapphire Preferred

Many frequent flier programs have become a source of frustration for consumers. Cardholders used to earn free flights with a specific airline's credit card by making their everyday purchases on their credit card and earning miles on that certain airline. … Continue reading

Top 5 Cards For Bad Credit With No Deposit

Do you have bad credit? Then you know it is very hard to qualify for a credit card that is not a secured card which requires a deposit. But at the same time, being approved for a credit card is … Continue reading

LowCards.com Weekly Credit Card Update–May 22, 2015

Debit Card Data Thefts at All Kinds of ATMs Soar Criminals are stealing card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter. … Continue reading

Credit Card Delinquencies Remain Steady, Despite 15 Million New Accounts

The latest TransUnion Industry Insights Report reveals credit card debt and delinquency rates have remained steady compared to last year, despite the addition of 15 million new card accounts in America. Delinquencies and debt in the first quarter of 2015 … Continue reading

The LowCards.com Weekly Credit Card Rate Report for May 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

Best Bad Credit Cards With A Cosigner

When you have bad credit, it can be really hard to receive a new card. One option is to apply for a secured card, but these always require a costly security deposit. On the other hand, there are also sub-prime … Continue reading

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

Secured vs. Unsecured Credit Cards

Credit cards are a vital tool for many Americans. Not only do these products allow access to a secure and convenient line of credit, but it can be difficult to reserve a hotel room or to rent a car without … Continue reading

LowCards.com Weekly Credit Card Update–May 8, 2015

Does Credit Card Debt Lead to Depression? Credit cards can carry more than high interest rates--they actually might increase your chances of depression. It's common sense that high levels of debt can stress you out. Now researchers have found a … Continue reading

Credit Card Debt Jumps in March

Consumers are borrowing once again. The latest Consumer Credit report from the Federal Reserve showed that consumer debt grew at an annual rate of 7.4% in March, which is the largest increase in 11 months. Total outstanding debt, not including … Continue reading

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

Credit Card Debt Linked to Depression

A new research study shows a distinct link between credit card debt and depression. The study from the University of Wisconsin-Madison assessed the impact different types of debt have on depressive symptoms, and how those symptoms affected different sectors of the … Continue reading

Oregon Student Debit Card Bill Passes House

A new bill aiming to regulate student debit cards has made its way through the Oregon House and is now headed to the state Senate. HB 2832 is designed to set up federal guidelines for colleges and universities that sign … Continue reading

Chase Slate vs. Chase Freedom

Chase credit cards are some of the most attractive cards on the market. They are issued by JP Morgan Chase which is one of the largest banks in the United States. They offer a card for just about any need … Continue reading

AmEx Cannot Stop Merchants From Promoting Cheaper Cards

A federal judge has ordered American Express to adjust its merchant agreements which prohibit retailers from encouraging their customers to use credit cards with fewer transaction fees. The ruling by U.S. District Judge Nicholas Garaufis could result in some better deals … Continue reading

Best Bad Credit Cards Of 2015

Having a troubled credit history does not mean that you are unable to get a credit card. In fact, having a credit card, and using it responsibly, is an important way to begin the process or rebuilding your credit. Thankfully, … Continue reading

LowCards.com Weekly Credit Card Update–May 1, 2015

Scott Walker Is Just Like You! In Debt Scott Walker has preached fiscal responsibility from the onset of his political career. But will his credit card debt undermine his message? Scott Walker owes Sears up to $50,000. According to his … Continue reading