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Debt Credit Cards

  • Visa Mastercard

    Chances are your card has some valuable benefits buried in the fine print you're not even aware of.

  • Millennials are popping up in earnings calls this season

    At least 12 companies have addressed millennials this earnings season, according to transcripts available on FactSet.

  • What you don't know about credit scores can cost you. Here's what to know.

  • More than half of rewards program memberships are inactive, according to new data. Don't leave those points behind.

  • Al Kelly

    Visa's stock was up 1 percent in after-hours trading after it reported earnings that beat expectations Thursday.

  • NEW YORK, July 20- Citigroup Inc trimmed its outlook on Friday for the profitability of its North American branded credit cards business to a 2.15 percent return on assets from 2.25 percent. Chief Financial Officer John Gerspach, speaking in a quarterly conference call with fixed income investors, said the revision is a result of changing interest rates and a...

  • WASHINGTON— Republicans are targeting a rule that would let consumers band together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute. The Consumer Financial Protection Bureau finalized the rule last week. While they've succeeded in overturning more than a dozen regulations finalized in the final months of...

  • A shopper passes a shop door advertising acceptance of purchases with Master Card, Visa in Bakersfield, California.

    U.S.-based payment card companies are preparing to submit license requests to operate in China within months.

  • New York- based AmEx has increased spending on rewards to prevent its generally affluent clientele from switching to JPMorgan Chase& Co and Citigroup Inc, which have rolled out lucrative rewards in an effort to boost their own credit card businesses. AmEx said it spent $1.93 billion on card member rewards in the second quarter ended June 30, up 9 percent from a...

  • American Express

    American Express reported second-quarter earnings that beat analysts’ expectations Wednesday after the bell.

  • NEW YORK— Credit card company American Express said its second-quarter profit fell 33 percent, largely due to the fact that it had a significant one-time gain last year tied to the winding down of its business relationship with Costco. American Express' results for the quarter were distorted by the fact that in the second quarter of 2016, the company ended its...

  • The world is in a 'rewards bubble': Compass Point's John Williams

    John Williams, Compass Point Research, and Moshe Orenbuch, Credit Suisse, discuss American Express's stock performance in terms of its rewards programs for credit cards ahead of its earnings report.

  • LONDON, July 19- Britain will stop companies ranging from takeaway food apps to airlines from charging an extra fee to consumers who want to use credit cards and other payment services, the finance ministry said on Wednesday. "Rip-off charges have no place in a modern Britain and that's why card-charging in Britain is about to come to an end," Stephen Barclay,...

  • MADRID— Spain's Civil Guard said Wednesday that a former chairman of one of the country's largest banks has been found dead with a gunshot to the chest in a private hunting estate in southern Spain. The former head of the now defunct Caja Madrid savings bank was awaiting the result of an appeal to a six-year prison sentence for misusing corporate credit cards...

  • Citi ramps up rewards wars with new Prestige benefits

    Brian Kelly, founder and CEO of “The Points Guy,” speaks about Citi ramping up benefits for its Prestige card to compete with other rewards credit cards.

  • NEW YORK, July 17- When consumers have trouble making ends meet, bills from retailers that have gone bankrupt or closed tend to go toward the bottom of the pile. "We've begun to see some evidence of progress, but it's slower than what we had originally targeted," said Chief Financial Officer John Gerspach. Credit cards is the only major consumer business in the United...

  • NEW YORK— Citigroup's second-quarter profits fell 3 percent from a year earlier as the bank had to set aside more money to cover souring loans, especially in its credit card business. Like its rival JPMorgan Chase, Citigroup saw a sizeable increase in interest income. Citi had net interest revenue of $15.20 billion, up 6 percent from a year earlier.

  • Cramer Remix: This stock is just too sexy to ignore

    Jim Cramer may have an unhealthy obsession with this stock, but at this price, maybe you should too.

  • Jim Cramer on Mad Money.

    Jim Cramer may have an unhealthy obsession with this stock, but at this price, maybe you should too.

  • Cramer's take on the $9.94 billion deal investors are ignoring

    Jim Cramer examines the recently overlooked but promising merger between payment processors Vantiv and Worldpay.