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  • 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...

  • Americans are saving more, but is it enough? Monday, 23 Feb 2015 | 6:14 PM ET
    Calculator finance accounting

    Two new studies show conflicting data on how prepared Americans are for emergency financial situations.

  • One-third of Americans at risk of financial crisis Monday, 23 Feb 2015 | 6:00 AM ET
    Online shopping credit card

    A disturbing number of Americans have more credit card debt than emergency savings, a new study finds.

  • Save me: Credit score   Friday, 20 Feb 2015 | 12:32 PM ET
    Save me: Credit Score

    CNBC consumer reporter, Kelli Grant, offers tips on what to check on your credit score and how often to check.

  • AmEx hit with latest blow over merchant rules Thursday, 19 Feb 2015 | 12:45 PM ET
    American Express, Visa and Mastercard signage are displayed in a shop window in New York.

    The credit card company's rules for merchants violate antitrust laws, a US judged ruled Thursday.

  • AmEx to appeal antitrust ruling   Thursday, 19 Feb 2015 | 11:24 AM ET
    AmEx to appeal antitrust ruling

    A U.S. District Court judge ruled American Express has violated antitrust laws, and American Express says it will appeal the ruling, reports CNBC's Mary Thompson.

  • Judge: AmEx violated antitrust laws   Thursday, 19 Feb 2015 | 10:21 AM ET
    Judge: AmEx violated antitrust laws

    U.S. District Court Judge has ruled American Express has violated antitrust laws, reports CNBC's Mary Thompson.

  • On Wednesday, American Express Co said it would stop offering a co-branded credit card with Costco when its contract with the retailer ends in March 2016. These products are big business for companies such as American Express- nearly a third of the company's purchase volume is on co-branded cards. The official noted that banks that issue Visa or Mastercard...

  • Unpaid Chinese credit card bills leap 42 pct in 2014 Thursday, 12 Feb 2015 | 11:45 PM ET

    BEIJING, Feb 13- Credit card arrears in China leapt 42 percent last year to 35.8 billion yuan, central bank data showed, highlighting rising financial risks in the world's second-largest economy as growth cools to a 24- year old low. Unpaid credit card bills that were outstanding for at least six months jumped 10.6 billion yuan last year compared with 2013, data...

  • Feb 12- American Express Co said Costco Wholesale Corp would stop accepting its cards in the United States from next April, after the companies failed to reach terms on renewal of an agreement. Costco has already replaced American Express with Capital One Financial Corp as its credit-card issuer in Canada, starting this year. Costco has 468 warehouses in the...

  • Feb 12- American Express Co said it will stop issuing credit cards co-branded with Costco Wholesale Corp in the United States from March 31, 2016.

  • Retirement: 10 ways to live frugally Tuesday, 10 Feb 2015 | 2:12 PM ET
    Couple finances

    Scared of going broke in retirement? The first step is to create a budget and then get serious about where you can trim, USAToday reports.

  • Richest Americans prefer cash back   Monday, 9 Feb 2015 | 3:30 PM ET
    Richest Americans prefer cash back

    As credit card use begins to climb back to pre-recession levels, here is what affluent Americans want in a credit card.

  • NEW YORK, Feb 5- Wells Fargo& Co has agreed to pay $4 million for violations on credit card accounts at a former affiliate, New York Governor Andrew Cuomo said. Wells Fargo will pay a $2 million penalty and $2 million in restitution to consumers after the affiliate illegally took interests in borrowers' homes, in exchange for extending credit for routine credit card...

  • MasterCard profit beats as customers spend more Friday, 30 Jan 2015 | 10:26 AM ET
    Mastercard

    MasterCard reported a better-than-expected profit for the holiday shopping quarter as customers swiped their cards more often.

  • Jan 30- MasterCard Inc, the world's No. 2 debit and credit card company, reported a better-than-expected profit for the holiday shopping quarter as customers swiped their cards more often. U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as demand for women's apparel, jewelry and casual dining offset sluggish sales of...

  • MasterCard's quarterly profit rises 29 pct Friday, 30 Jan 2015 | 8:09 AM ET

    Jan 30- MasterCard Inc, the world's second-largest debit and credit card company, posted a 29 percent rise in quarterly profit as customers swiped their cards more often. The company's net income rose to $801 million, or 69 cents per share, in the fourth quarter ended Dec. 31 from $623 million, or 52 cents per share, a year earlier. Net revenue rose 14 percent to $2.42...

  • SHANGHAI, Jan 28-- The financial services affiliate of Alibaba launched on Wednesday a system that will use the e-commerce giant's data trove to assess the creditworthiness of Chinese consumers and businesses with little or no history at traditional lenders. The credit-scoring system, Sesame Credit, will mine user data as well as payment histories from...

  • LONDON, Jan 27- Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top banks hundreds of millions of pounds in compensation. The Financial Conduct Authority said on Tuesday 11 lenders and card issuers had voluntarily agreed to compensate customers after "...