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Credit card rewards are about to vanish, and guess who’s to blame?
With summer vacations just around the corner, millions of Americans are getting ready to cash in their hard-earned credit card rewards: points, miles and cash back they’ve accumulated all year to help cover flights,…
Editor's Pick
United increases airport lounge fees to counter overcrowding
United Airlines announced Monday that it's increasing the fees on its rewards cards that allow access to its airport lounges…
How credit card swipe fees are affecting shoppers
Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household…
US credit card defaults soar to highest level in 14 years
Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam…
Consumer watchdog warns companies against devaluing credit card rewards, launches tool to avoid scams
A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points…
Credit card usage is up as inflation continues to rise
Inflation has steadily been rising in recent years. The Consumer Price Index — a major measure of inflation — rose…
Walmart, Capital One end exclusive consumer credit card agreement
Capital One and Walmart announced Friday that they ended the agreement that made Capital One the exclusive issuer of Walmart's…
Financial dangers of store credit cards can be ‘severe,’ expert warns
Nearly every store has rewards credit cards available for customers, but not all the offers add up to major savings.…
Consumers discouraged by high interest rates and deteriorating financial health: study
Consumer satisfaction is taking a dip in the wake of high interest rates, driven up by inflation and the remnants…
eBay ditching American Express as a payment option this summer
eBay customers will no longer be able to use American Express credit cards to pay for purchases on the online…
Buy now, pay later products to be treated like credit cards, CFPB says
The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to Buy Now, Pay Later (BNPL) products. As a…
Most travelers trying to keep frugality in mind when planning summer travel: Experian
Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers…
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees…