credit card

Credit card is a payment card issued to cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges.

CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
December 08, 2024  |  CFPB

A federal judge has upheld an order blocking a cap on credit card late fees. U.S. District Judge Mark Pittman in Fort Worth declined last...

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Yonder Raises $31 Million to Expand Credit Card Outside UK
Yonder Raises $31 Million to Expand Credit Card Outside UK
September 19, 2024  |  Investments

Yonder has raised 23.4 million pounds (about $31.1 million) to expand its credit card designed to help cardholders build good credit habits while earning rewards....

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

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NerdWallet Launches Secured Credit Card and Credit-Building Features
NerdWallet Launches Secured Credit Card and Credit-Building Features
October 26, 2023  |  Credit Cards

Financial guidance platform NerdWallet has launched its first credit card. The new NerdUp is a secured credit card that is designed to help consumers build and improve...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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Amex Card Delinquencies Creep Up but Remain Below Pre-COVID Levels
Amex Card Delinquencies Creep Up but Remain Below Pre-COVID Levels
September 17, 2023  |  Consumer Finance

American Express says its credit card delinquency rates remain below pre-pandemic levels. As the company said in a Securities and Exchange Commission (SEC) filing Friday (Sept. 15)...

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Bank of America Expands Cashback Offerings on Customized Cash Rewards Card
Bank of America Expands Cashback Offerings on Customized Cash Rewards Card
August 22, 2023  |  Credit Cards

Bank of America (BoA) has announced an expansion to its Customized Cash Rewards credit card, providing cardholders with more benefits and opportunities to earn cash...

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DYPER Partners With EarlyBird on Credit Card and Rewards
DYPER Partners With EarlyBird on Credit Card and Rewards
July 12, 2023  |  Loyalty & Rewards

Diaper company DYPER has announced the upcoming launch of a credit card and rewards program. The new DYPER Card will provide parents with convenience, financial well-being and free...

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Goldman Reportedly Wants to Hand Off Apple Card to Amex
Goldman Reportedly Wants to Hand Off Apple Card to Amex
July 02, 2023  |  Apple

Goldman Sachs’ credit card partnership with Apple could be nearing an end. The banking giant is said to be in discussions with American Express to take over the...

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