GO
Loading...

Consumer Finance

More

  • COLUMBUS, Ohio— Prospective Ohio drivers would see added training requirements and the Bureau of Motor Vehicles would be allowed to accept credit and debit cards under a state transportation budget that easily cleared the Ohio House on Tuesday. The $7 billion, two-year spending blueprint lays out priorities for Ohio highway, road, bridge and public safety...

  • CHICAGO, March 3- New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. Anre Williams, president of global merchants services at American Express, cited cost and complexity as reasons for not issuing PIN numbers, which would require a much...

  • Final Glance: Credit Card companies Monday, 2 Mar 2015 | 6:08 PM ET

    American Express Co. rose$. 44 or. 5 percent, to $82.03. Capital One Financial Corp. rose$. 44 or. 6 percent, to $79.15. Discover Financial Services fell$. 72 or 1.2 percent, to $60.26.

  • NEW YORK— If you're shopping at Costco, you'll need a new credit card to pay for those family-sized packs of chicken breasts or toilet paper. After only accepting American Express the last 16 years, the retailer is switching to Visa and will use Citigroup as its exclusive provider of co-branded credit cards. Costco is a large and influential chain.

  • Midday Glance: Credit Card companies Monday, 2 Mar 2015 | 1:17 PM ET

    American Express Co. rose$. 41 or. 5 percent, to $82.00. Capital One Financial Corp. rose$. 24 or. 3 percent, to $78.95. Discover Financial Services fell$. 54 or. 9 percent, to $60.44.

  • Early Glance: Credit Card companies Monday, 2 Mar 2015 | 11:16 AM ET

    American Express Co. rose$. 47 or. 6 percent, to $82.06. Capital One Financial Corp. fell$. 04 or. 1 percent, to $78.67. Mastercard rose$. 46 or. 5 percent, to $90.59.

  • Costco strikes credit card deal with Citi, Visa Monday, 2 Mar 2015 | 8:36 AM ET

    NEW YORK— Costco says it struck a deal for Citi to be the exclusive issuer of its co-branded credit cards, with Visa replacing American Express as the card network. Costco and American Express ended their partnership after failing to reach an agreement on renewal terms. David Sherwood, Costco's director of finance and investor relations, said in a phone...

  • March 2- Warehouse club retailer Costco Wholesale Corp said on Monday it had entered into agreements with Citigroup Inc and Visa Inc for co-branded credit cards. Citigroup will become the exclusive issuer of Costco's co-brand credit cards and Visa will replace American Express Co as the credit card network for Costco in the United States and Puerto Rico from...

  • Final Glance: Credit Card companies Friday, 27 Feb 2015 | 6:02 PM ET

    American Express Co. fell $1.66 or 2.0 percent, to $81.59. Capital One Financial Corp. fell$. 44 or. 6 percent, to $78.71. Discover Financial Services fell$. 28 or. 5 percent, to $60.98.

  • Midday Glance: Credit Card companies Friday, 27 Feb 2015 | 1:25 PM ET

    American Express Co. fell $1.08 or 1.3 percent, to $82.17. Capital One Financial Corp. fell$. 03 or percent, to $79.12. Discover Financial Services fell$. 05 or. 1 percent, to $61.21.

  • Early Glance: Credit Card companies Friday, 27 Feb 2015 | 11:10 AM ET

    American Express Co. fell$. 69 or. 8 percent, to $82.56. Capital One Financial Corp. fell$. 03 or percent, to $79.12. Discover Financial Services rose$. 13 or. 2 percent, to $61.39.

  • Final Glance: Credit Card companies Thursday, 26 Feb 2015 | 6:02 PM ET

    American Express Co. rose $1.08 or 1.3 percent, to $83.25. Capital One Financial Corp. fell$. 51 or. 6 percent, to $79.15. Discover Financial Services rose$. 13 or. 2 percent, to $61.26.

  • Midday Glance: Credit Card companies Thursday, 26 Feb 2015 | 1:19 PM ET

    American Express Co. rose $1.14 or 1.4 percent, to $83.31. Capital One Financial Corp. fell$. 49 or. 6 percent, to $79.17. Discover Financial Services rose$. 05 or. 1 percent, to $61.18.

  • Early Glance: Credit Card companies Thursday, 26 Feb 2015 | 10:35 AM ET

    American Express Co. rose$. 53 or. 6 percent, to $82.70. Capital One Financial Corp. fell$. 18 or. 2 percent, to $79.48. Discover Financial Services rose$. 08 or. 1 percent, to $61.21.

  • WASHINGTON, Feb 25- Santander Consumer USA Holdings Inc will pay at least $9.35 million to resolve charges that it improperly repossessed the cars of members of the U.S. military, the U.S. Department of Justice said on Wednesday. SCUSA is the tenth largest U.S. auto lender, according to data provider Experian Automotive. The amount of outstanding auto loans...

  • Midday Glance: Credit Card companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    American Express Co. rose $1.18 or 1.5 percent, to $82.04. Capital One Financial Corp. fell$. 42 or. 5 percent, to $80.08. Discover Financial Services rose$. 16 or. 3 percent, to $60.92.

  • NEW YORK— American Express increased interest rates on some of its credit card accounts by an average of 2.5 percentage points in recent weeks, a spokeswoman for the company said Wednesday. American Express had been charging a lower interest rate, as much as 3.25 percentage points, on its credit cards compared with rates its competitors charge for customers...

  • Early Glance: Credit Card companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    American Express Co. rose$. 28 or. 3 percent, to $81.14. Capital One Financial Corp. fell$. 24 or. 3 percent, to $80.26. Discover Financial Services fell$. 16 or. 3 percent, to $60.60.

  • Feb 25- American Express Co is raising interest rates for a large number of its credit cards following a review that began a year ago, a company spokeswoman said. The company sent letters to its cardholders saying it is making adjustments after finding its rates were below those of rival cards, Bloomberg earlier reported, citing a copy of the letter.

  • American Express to raise credit card rates - Bloomberg Wednesday, 25 Feb 2015 | 6:08 AM ET

    Feb 25- American Express Co is raising interest rates for over 1 million cardholders for the first time in more than five years, Bloomberg reported. American Express told customers this month that their annual rates will rise an average of 2.5 percentage points to at least 12.99 percent following a review last year, Bloomberg reported, citing people briefed on...