Bank Credit Card Guide & Banking News

Credit-Card Users Face Higher Fees, Rates - Wall Street Journal
The Federal Reserve has slashed its benchmark rate to 1%, yet many people are getting hit with higher rates and fees on their credit cards. Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ...
Posted: Thu, 20 Nov 2008 07:24:00 GMT

Shopper's delight? David Jones' new credit card reviewed - ninemsn
Credit cards issued by retailers look like being the next big trend. Woolworths released its Everyday Money card in August and now David Jones has done the same — teaming up with American Express. The David Jones American Express card charges a ...
Posted: Thu, 20 Nov 2008 07:17:00 GMT

Happy holidays: money tips for travellers - ninemsn
Travellers cheques or cash were once the only ways to organise your money for an overseas trip. But the arrival of credit debit and prepaid cards have opened up a whole new range of options. Such cards may well prove easier than having to have your ...
Posted: Thu, 20 Nov 2008 07:17:00 GMT

Cash strapped businesses swimming in debt - News.com.au
A GROWING number of small or micro enterprises are resorting to credit or charge cards to keep their businesses operating as debtors take longer and longer to pay their bills. A report, Managing Cash Flow in Troubled Times, released yesterday by the ...
Posted: Thu, 20 Nov 2008 07:24:00 GMT

Salvation Army testing credit cards at red kettles - KUSA-TV
COLORADO SPRINGS (AP) - It's a true season of change -- the Salvation Army is experimenting with a plastic alternative for folks who don't have cash to throw in a holiday red kettle. This season, five bell-ringers in El Paso County will be the first ...
Posted: Thu, 13 Nov 2008 18:45:00 GMT

There’ll be no forgiving debt on credit cards - Houston Chronicle
WASHINGTON — Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt. The Office of the Comptroller of the Currency rejected the request for a special ...
Posted: Tue, 11 Nov 2008 23:55:00 GMT

Credit Scores More Important Than Ever for Best U.S. Loan Rates - Bloomberg
Nov. 13 (Bloomberg) -- Bryan and Trudi Sorge used two credit cards with 0 percent interest rates to pay for a new deck at their Pine, Colorado, home, unaware the transaction would lower their credit score. ``We thought why use the cash, this is ...
Posted: Thu, 13 Nov 2008 16:08:00 GMT

Credit Card Theft - Wtte28.com
Franklin County Sheriff’s deputies hope you can help them identify a man who stole credit cards and used them at several stores. These surveillance pictures are of the suspect. He used the cards at a CVS, Giant Eagle, Speedway and UDF. If you have ...
Posted: Tue, 18 Nov 2008 23:54:00 GMT

Merchant Accounts Still Untried By Many Small Businesses - HULIQ.com
A1 Merchant Accounts, a web resource that provides merchant services, says that many small businesses are still unfamiliar with merchant accounts and accept only cash or check payments while running the business. In today's world of online marketing ...
Posted: Thu, 20 Nov 2008 07:09:00 GMT

Banks Want To Forgive Credit Card Debt -- But The Government Says No - Consumerist.com
The next wave of the credit crisis — the skyrocketing defaults on credit cards — is coming in and odd alliances are being formed. The Consumer Federation of America , along with the Financial Services Roundtable ( a self-described "major player ...
Posted: Thu, 13 Nov 2008 16:15:00 GMT