Credit Card News

31
May
Hilton Hotel Credit Cards Offer Up to 125,000-Point Welcome Bonus

Hilton Hotel credit cards are offering some big time sign-up bonuses right now.Three different Hilton and American Express credit cards are currently offering more points than usual as welcome bonuses – the Hilton Honors Card from American Express, the Hilton Honors American Express Business Card, and the Hilton Honors Ascend Card from American Express. These […]

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26
May
Don’t Expect to Use Your Credit Card to Bet on Sports Anytime Soon

Now that states are able to permit gambling on sporting events, credit card companies will be watching closely. On May 14, the United States Supreme Court ruled that states can allow betting on individual sporting events. This overturns the 1992 federal law, the Professional and Amateur Sports Protection Act, that banned sports betting across America (except for

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11
May
Big Banks Want More of Your Credit Card Business

Big banks in the U.S. are making a strong push into the credit card industry. With outstanding credit card debt on the rise, credit card companies stand to make a lot of money from borrowers who are often paying high interest rates and cash advance fees. In particular, Goldman Sachs Group Inc. and Wells Fargo & […]

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09
May
Complaints Show Consumers Still Need Help After Equifax Breach

A recently published report from a few senators found that consumers are still struggling with the Equifax breach fallout. Following Equifax’s massive data breach affecting over 140 million people in 2017, Sen. Elizabeth Warren (D-MA) and two other Democratic senators have recently released a report critiquing the Consumer Financial Protection Bureau’s (CFPB) resp

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02
May
As Retailers Close, Store Credit Card Accounts Might Stay Open

With a rising number of retail stores closing their doors, consumers might also be affected when it comes to their store credit cards.From bank notices to phone calls, some consumers might be receiving requests for additional information regarding their store credit cards even though the retailer has been shut down for a while. For some […]

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24
Apr
Amex Offers a New Credit Card for Globetrotters

Big travelers might be interested in the new American Express Luxury Card, which rewards customers who travel frequently. Travelers might want to take note – American Express recently announced a new credit card, the Starwood Preferred Guest (SPG) American Express Luxury Card. The card is targeted at customers who travel frequently. It isn’t cheap, however – [&h

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10
Apr
Are Credit Card Signatures a Thing of the Past? Here’s What to Expect

The major credit card companies, like Visa and Mastercard, have stopped requiring signatures from their customers.The four biggest credit card companies, Visa, Mastercard, Discover, and American Express, stopped requiring signatures from their customers, the New York Post reported. It shouldn’t be a surprise that all four providers aren’t requiring signatures now; nota

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29
Mar
Q&A: How Kalpesh Kapadia and Deserve.com Are Helping the “Credit Invisibles”

For any individual at the college stage, obtaining credit is a necessary milestone on the path towards financial freedom and recognition. For instance, if you want a mortgage down the line, you need to have an established, successful credit history. Chances are you started building your credit in college. While this seems like a given, […]

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22
Mar
Should Colleges Allow Credit Card Marketers on Campus?

The Illinois state legislature is looking to stop credit card marketers from going after college students at public universities. The Illinois state government is stepping in to stop credit card companies from marketing credit cards on university and community college campuses.Many college students graduate with a large amount of student loan debt. But a less spoken [

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20
Mar
Synthetic ID Fraud Caused $290M in Credit Card Losses Last Year

Thieves using synthetic identities were responsible for rising credit card fraud balances in 2017.Criminals using synthetic identities led to huge losses for credit cards in the past couple years according to TransUnion in a new credit analysis. However, there is some good news: the growing trend lost some momentum in the past year.According to the […]

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