Credit Cards


  • Midday Glance: Credit Card companies Monday, 15 Dec 2014 | 1:43 PM ET

    American Express Co. fell$. 87 or 1.0 percent, to $90.13. Capital One Financial Corp. fell$. 67 or. 8 percent, to $79.50. Discover Financial Services fell$. 38 or. 6 percent, to $61.43.

  • Early Glance: Credit Card companies Monday, 15 Dec 2014 | 12:00 PM ET

    American Express Co. fell$. 34 or. 4 percent, to $90.66. Capital One Financial Corp. fell$. 43 or. 5 percent, to $79.74. Discover Financial Services fell$. 06 or. 1 percent, to $61.75.

  • Forget the credit card, here's a new way to pay Sunday, 14 Dec 2014 | 11:06 AM ET

    Innovation in a new way to pay, called tokenization, may help counter the damage from retail database breaches.

  • Overeating? Undersaving? You've got company Wednesday, 10 Dec 2014 | 8:39 AM ET

    A new survey finds that Americans are most likely to blow their budget on restaurants and food, and they're overdoing it with credit cards.

  • Dec 5- Three companies have emerged to make a joint bid for Citigroup Inc's credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit consumer banking in the country. Shinsei Bank Ltd, department store operator Isetan Mitsukoshi Holdings Ltd and credit card service provider JCB Co Ltd want to buy the unit, which offers...

  • Be cautious about store credit cards—Here's why Friday, 5 Dec 2014 | 12:29 PM ET
    A Target employee promotes the store's Redcard debit and credit card to shoppers just after midnight on Black Friday, Nov. 28, 2014, in South Portland, Maine.

    Retail stores will often pressure you to sign up for their store credit card, but take caution when considering them, reports the Today show.

  • TORONTO, Dec 4- Canadian Imperial Bank of Commerce reported a weaker fourth-quarter profit on Thursday, hurt by the loss of some credit card revenue and softer results at its wholesale banking division. Canada's fifth-largest lender said its net income fell to C $811 million, or C $1.98 per share, in the quarter ended Oct. 31, from C $825 million, or C $2.02, a year...

  • Tips for sticking with your holiday budget Monday, 1 Dec 2014 | 5:30 PM ET
    People shop in Manhattan Mall on the morning of November 28, 2014 in New York City.

    The holidays are a time of year when the excitement of shopping is high. But pros have a warning.

  • Global air ticket fraud sweep nets 118 arrests Friday, 28 Nov 2014 | 8:33 AM ET

    More than 100 people were arrested after an investigation spanning 45 countries into the use of stolen credit cards to buy plane tickets.

  • Beware these holiday credit card traps Tuesday, 25 Nov 2014 | 9:35 AM ET

    Holiday spending is set to rise, and many consumers' credit cards will get a workout. Here are the credit card pitfalls you need to avoid.

  • NEW YORK, Nov 19- The owner of a New York debt settlement company was sentenced on Wednesday to nine years in prison for his guilty plea in a fraud scheme that authorities say victimized 1,200 people through false promises of relief from credit card companies and banks. Michael Levitis and his company, Mission Settlement Agency, committed crimes that resulted in...

  • TORONTO, Nov 17- JPMorgan Chase& Co said on Monday it notified Sears Canada Inc that it plans to terminate their credit card agreement, in another setback for the retailer. In the event of a sale, JPMorgan would pay Sears Canada up to C $174 million under certain circumstances. Sears Canada and JPMorgan said the bank will service the credit card business until at...

  • The best credit cards for holiday shopping perks Thursday, 13 Nov 2014 | 2:45 PM ET

    A new report singles out the credit cards offering the best holiday bonuses, including extra points, cash back, discounts and 0 interest.

  • Popular prepaid cards face new federal regulations Thursday, 13 Nov 2014 | 12:01 AM ET
    Visa prepaid cards are shown at a Duane Reade drug store in New York.

    Use of prepaid cards has grown rapidly, but consumer protections have not. The Consumer Financial Protection Bureau wants to change that.

  • Will retail therapy damp Singapore’s growth? Wednesday, 12 Nov 2014 | 9:27 PM ET

    Singapore's economy has managed slow-and-steady growth despite a mediocre global view, but high household debt may come back to haunt the city-state.

  • Best credit cards to extend your warranty coverage Wednesday, 12 Nov 2014 | 4:34 PM ET

    Most major credit cards will extend a manufacturer's warranty by an extra year, according to a CardHub report.

  • SHANGHAI, Nov 13- Chinese bank card operator UnionPay, which may soon have to defend its near monopoly against Visa and MasterCard, faces a much bigger threat from online payment providers such as Alipay, and is upgrading its systems to meet the danger. China said last month it would open its credit card market to foreign players following a World Trade...

  • U.S. rules would expand white collar crime informers Monday, 10 Nov 2014 | 11:11 AM ET

    WASHINGTON, Nov 10- U.S. regulators are working on rules that would require investment advisers, credit card firms and check cashers, among others, to serve as informers on white collar crime, a senior U.S. official said on Monday. "If we are to be as effective as possible in countering illicit finance, we must begin applying appropriate record-keeping, reporting and...

  • Card issuers go easy on late payments: Survey Monday, 10 Nov 2014 | 12:01 AM ET

    Punishment for the sin of being late on a credit card payment is getting slightly less onerous, according to a new report.

  • Costco may replace American Express in US: Report Thursday, 6 Nov 2014 | 11:17 AM ET
    A Costco store in Richmond, Calif., March 6, 2014.

    CostCo may be considering dropping American Express as the sole credit card accepted at its retail locations, according to one report.