Category: Credit News

Imagine this scenario. You visit your local supermarket to pick up your groceries for the week. The total bill is around $100, and when you whip out your trusty American Express card to complete the purchase, you’re told there will be a $3 surcharge. You’re immediately outraged and begin arguing with the clerk. They calmly… Continue reading Retailers May Soon Charge Fees for Those Who Use Credit Cards

With all the new technology being introduced to the world, one has to wonder if seemingly ancient plastic credit cards are on their way out, for good. After all, they haven’t changed a whole lot over the past couple decades. We’re still carrying around rectangular pieces of plastic in our wallets that contain 15 or… Continue reading Are Credit Cards Going to Be Obsolete Soon?

At first glance, the title of this post may sound a little misleading. And you might be thinking, hey, I’ve been buying lunch and dinner (and even breakfast) with my credit cards for decades. But that’s not what I’m talking about. I’m referring to credit card-like tools that actually transform into fork and knife when… Continue reading Finally You Can Eat With Your Credit Cards, Literally

Ever wonder how women and men manage their credit cards, and if there are any specific habits that one gender does more than the other? Well, there was a survey released about three weeks ago, which revealed that women pay higher interest rates on credit cards than men. The Financial Industry Regulatory Authority (FINRA) Foundation… Continue reading Gender and Credit Card Habits: It’s Not Personal

Ever wonder what the rich and famous carry in their respective purses and wallets? Clearly they can’t lug around bags of cash, so how do they make all those super expensive purchases? Well, like everything else in life, there’s another level of luxury you rarely hear about if you don’t run in that circle. Let’s… Continue reading The Most Expensive U.S. Credit Cards

Ever heard the expression, “nice guys finish last?” Well, the same principle could be true about your credit scores. A new study from researchers at LSU, Texas Tech, and Northern Illinois University discovered an interesting correlation between personality and credit scores. Specifically, they found that those who are more disagreeable and downright rude have a… Continue reading Study Suggests Rude People Have the Best Credit Scores

File this under amazing, or perhaps inane. But a staggering 21.6 percent of those surveyed in a new Visa poll believe the ability to speak English can determine your credit score. The survey of credit score myths found a number of other misconceptions about credit scoring, with that perhaps the most ridiculous. What else seemed… Continue reading One in Five Believe the Ability to Speak English Determines Your Credit Score

In case you somehow haven’t heard, large banks, most notably Bank of America, plan to start charging customers who use their debit cards to make everyday purchases. B of A plans to charge customers $5 per month starting next year to recoup income lost as a result of new restrictions on interchange fees, otherwise known… Continue reading Credit Cards Are About to Get Really Popular

Ever wonder who the top credit card issuers in the world are? Or just in the United States? Well, you can put your wonders to rest. As of the end of February, there were 576 million credit cards in circulation in the United States alone, according to CNBC. And U.S. consumer revolving debt was an… Continue reading Top 10 Credit Card Companies in the World

The new “Visa Black Card” was finally released. It is coined as “not just another piece of plastic,” both literally and figuratively, because it’s made out of carbon graphite, not the soft cheap plastic we’ve all become accustom to. Following in the footsteps of the infamous and rather elusive Black American Express card, the Visa… Continue reading The Visa Black Card Review