Americans are increasing their borrowing to fund a record holiday shopping season, pushing U.S. credit card balances to $1.29 trillion in the third quarter. U.S. Credit Card Balances Reach $1.29 … Read More
New cardholders utilizing the Venmo Credit Card can now earn up to 4% cash back on eligible dining and entertainment purchases by using the app’s split-transaction feature, according to details … Read More
As credit card issuers adjust their rewards ecosystems, consumers evaluating the best Citi credit card combinations face a restructured market following the removal of the Citi Custom Cash Card from … Read More
The Australian Taxation Office Eliminates Direct Credit Card Tax Payments After November 30 Following the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging, the Australian Taxation … Read More
As AI supercharges digital fraud, old-time credit card skimmers and bogus mail scams are staging a surprisingly lucrative comeback. Despite an unending barrage of modern phishing texts, antiquated physical attacks—from … Read More
When you request a balance transfer of $17,000 to streamline high-interest debt, watching a major institution like Wells Fargo approve you for a meager $4,000 credit limit feels like a … Read More
Intuit Deploys QuickBooks-Synced Credit Card to Capture Small Business Spend Intuit (NASDAQ: INTU) has debuted a proprietary small business-focused credit card engineered to sync directly with its flagship QuickBooks platform, … Read More
The U.S. House of Representatives has passed legislation prohibiting the use of specific Merchant Category Codes (MCCs) for firearm and ammunition retailers. The bill aims to block financial institutions from … Read More
US regulators are tightening capital requirements for large banks by imposing new charges on undrawn committed credit lines. This shift specifically targets fund finance and revolving credit facilities, forcing institutions … Read More
The Credit Card Feature Mirage: Why Premium Perks Mask Diminishing Returns Credit card issuers are increasingly marketing superficial benefits—such as metal substrates and generic lifestyle concierge services—to distract from rising … Read More
