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Debt Credit Cards

  • But paying the IRS with plastic probably isn't a good idea, and here's why. But when you put a tax payment on a credit card, the IRS doesn't pay those processing fees. To pay federal taxes with a credit card, you have to use one of the IRS' third-party credit card processors, which charge fees of 1.87 percent to 2 percent of the amount you put on the card.

  • NEW YORK, March 20- Wells Fargo& Co saw a drop in the number of consumers opening checking and credit card accounts in February, the bank said on Monday, marking a sixth month of declines since a sales scandal rocked the bank last year. Consumers opened 3 percent fewer checking accounts from January, and 43 percent, or 0.3 million, fewer compared with February 2016,...

  • NEW YORK, March 20- Wells Fargo& Co saw a drop in consumers opening checking and credit card accounts in February, the bank said on Monday, marking the sixth straight month of decline since a sales scandal rocked the bank last year. "It will take time for us to work through the changes we are making in our business, but we remain focused on strengthening our...

  • Credit card maximizers make carrying multiple cards their hobby, using this one for groceries and that one for travel, juggling due dates and rewards categories. But most people prefer to spend their time on other things. If the idea of chasing credit card rewards as a pastime doesn't appeal to you, using just one credit card is a reasonable choice.

  • WASHINGTON— Are mortgage rates going up? How about those nearly invisible rates on bank CDs— any chance of getting a few dollars more? "We are in a rising interest rate environment," noted Nariman Behravesh, chief economist at IHS Markit.

  • An upgrade being rolled out this summer to MasterCard's mobile payments service will let people open, manage and close their tabs at participating bars and taverns completely through their phones, without having to hand over a credit card. The Open Tab feature, available in the U.S. and the U.K., will be an upgrade to MasterCard's existing Qkr mobile payment...

  • Money in Wallet

    Get ready to pay more to borrow. When it comes to economics, certainty is usually elusive, but in the case of the expected decision by the Federal Reserve to raise short-term interest rates by a quarter-point on Wednesday, the impact on consumers is clear. ''It will be a direct pass-through to credit card holders,'' said Greg McBride, chief financial analyst with...

  • SAO PAULO, March 14- Interest rates for rolling over credit card debt in Brazil may fall by up to 50 percent under new rules, an industry group head said on Tuesday, as banks respond to pressure from policymakers to ease the burden on domestic borrowers. President Michel Temer unveiled a plan in December to slash interest rates on credit card debt to alleviate...

  • Before adding plastic to your wallet, consider these ways to save, NBC News reports.

  • American Express on mobile pay phone

    JPMorgan says American Express customers have $175 billion of loan balances at its competitors.

  • SAO PAULO, March 8- Itaú Unibanco Holding SA will cut the interest rate it charges on rollover credit card loans as Brazil's No. 1 lender seeks to comply with new rules to reduce the cost of borrowing for cash-strapped consumers and companies in Latin America's largest economy. With the new rules, President Michel Temer's government wants banks to speed up...

  • American Express Platinum Card

    The "Fast Money" traders discuss financial service stocks after American Express revamps credit card rewards program.

  • American Express ups its Platinum perks

    Sean McQuay, NerdWallet credit card and banking expert, weighs in on new Platinum Card fees and perks from American Express.

  • AmEx beefs up Platinum Card perks and fees

    CNBC's Courtney Reagan reports on new Amex Platinum Card perks and fees, including a $550 annual fee and $200 Uber credit.

  • American Express cards

    Facing competition for its higher-spending customers, American Express is expanding the benefits it offers Platinum Card members, like a $200 credit on Uber.

  • Wells Fargo had previously estimated that up to 2.1 million customers may have had checking and credit-card accounts opened in their names without their permission over a period of several years. An ongoing analysis of customer data may also be turning up more affected customers, according to Wells' annual 10- K filing with the U.S. Securities and Exchange...

  • In documents posted to its website on Tuesday as part of its annual investor day, JPMorgan predicted its costs will rise 3.4 percent to $58 billion, from $56.1 billion this year. At the day-long confab, held at JPMorgan's headquarters in New York, top executives offer their visions for the bank's four major business lines and mingle with investors, analysts and...

  • Feb 28- JPMorgan Chase& Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts. Total adjusted expenses for 2017 are expected to be about $58 billion, up from $56.1 billion in 2016, according to slides posted on the company's website as part of the bank's...

  • Feb 28- JPMorgan Chase& Co said it expected 2017 expenses to rise about 3.4 percent as the lender spends more on technology and signing up new credit card accounts. Total adjusted expenses for 2017 are expected to be about $58 billion, up from $56.1 billion in 2016, according to slides posted on the company's website. Some investors expecting banks profits to...

  • LONDON, Feb 24- British banks approved the highest number of mortgages in a year last month and credit card lending partly revived after a lull in December, industry figures showed on Friday, contrasting with earlier signs of a loss of economic momentum. The British Bankers' Association said its members gave the green light to 44,657 mortgages in January, up from...