RBS Fined $612 Million in Rate-Rigging Scandal

The global investigation into the manipulation of interest rates has led to a third major bank facing significant fines and worldwide embarrassment. Today, Britain's Royal Bank of Scotland was fined £390 million or $612 million for rigging the London Interbank … Continue reading

LowCards.com Weekly Credit Card Update December 21

Consumer Group Warns of Card Surcharges Credit cardholders must be on the watch for new check-out fees that merchants will be able to impose starting in January under a class-action settlement with Visa and MasterCard. But merchant trade groups say … Continue reading

Top Credit Card Stories of the Year

2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012: Swipe … Continue reading