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LowCards editors offer up-to-the-minute insights into important breaking news stories in the credit card and financial services industry.
July 2, 2020
Credit Card Industry Reins In Balance Transfer Offers As Banks Fear Defaults Balance transfer offers, which typically entice borrowers to move their d...
June 26, 2020
Verizon Launches No-Annual-Fee Visa Card with Competitive Rewards on Groceries, Gas and Dining Verizon and Synchrony have partnered to launch the new ...
June 22, 2020
Mastercard Research Indicates Sharp Rise in eCommerce, Abandonment of Cash According to Mastercard’s SpendingPulse research unit, in findings publis...
June 12, 2020
FBI Warns Hackers Are Targeting Mobile Banking Apps The FBI on Wednesday warned that malicious cyber actors were targeting mobile banking apps in an a...
June 5, 2020
Visa Says Covid-19 Crisis Could Help Drive $100 Billion Annual Shift to Debit Cards Over Time The Covid-19 crisis is pushing more purchasing over to d...
May 29, 2020
Borrower, Beware: Credit Card Fraud Attempts Rise During the Coronavirus Crisis Fraudsters are increasingly using pilfered credit-card numbers and phi...
May 22, 2020
Millions of Americans Skip Credit Card and Car Payments Millions of people are behind on their credit-card and auto-loan payments, the latest sign of ...
May 15, 2020
More Americans Using Credit Cards Than Cash for Food More Americans are relying on credit cards to buy essentials, like groceries, and conserving cash...
May 8, 2020
Credit Card Use Dives in March by Most Since 1989 Revolving credit, like credit cards, fell $28.2 billion, or 30.9% annual rate in March. That’s the...
May 1, 2020
It’s Suddenly a Lot Harder to Find a New Credit Card. Here’s How You Can Still Get Approved “We see lots of anecdotal indications of the...
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