Apple’s new credit card, the Apple Card, launched in August. The Apple Card builds on Apple’s existing credit card integrations in the iPhone, like Apple Pay. You can apply for the card right now through your iPhone, and setting it up is simple. Apple released a series of videos walking […]
The Federal Reserve cut its fed funds rate on Wednesday by 25 basis point to a range of 2% to 2.25% In response, banks across the US reduced their prime lending rate to 5.25% from 5.5%. This will affect the rates for credit cards and other non-mortgage loans. Visit Business […]
You can increase the credit limit on your credit card by submitting a request to your bank, either online or by phone. No matter how or where you apply for a credit limit increase, you’ll need to provide your employment status, annual gross income, and monthly housing payment. Most banks […]
JPMorgan Chase is planning to revoke its credit-card customers’ ability to sue them. The bank sent nearly all of its cardholders notifications alerting them that they were implementing binding arbitration that prevents customers from taking disputes to court or joining class-action lawsuits. The plan has been met with backlash from […]
Cancelling a credit card you don’t use can often do more harm than good. You shouldn’t close a credit card that has been open for a long time or a card with a high credit limit. Closing the account could negatively affect your credit history and credit utilization, and in […]
The vast majority of both Republican and Democratic primary voters support Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders’ plan to cap credit-card interest rates. Nearly 70% of Republican primary voters and 73% of Democratic primary voters said they either supported or strongly supported the proposal, according to a new INSIDER […]
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. Business Insider may receive a commission from The Points Guy Affiliate Network, but our reporting and recommendations are always independent and objective. Holly Johnson and her husband have 26 different cards. To […]
Apple debuted its own credit card at its March 2019 event. Available this summer, the card will not have any fees and was created in collaboration with Goldman Sachs and MasterCard. Watch the video above to see what the Apple Card offers.
At its event on Monday, Apple announced its first physical credit card. The company said the Apple Card wouldn’t have any international fees or over-limit fees and, perhaps most notably, there wouldn’t be fees for missing a payment. The credit card also touts a rewards program called Daily Cash, where […]
Apple on Monday announced its new credit card, the Apple Card. It comes out this summer. The card eliminates fees and offers daily cash-back rewards, among other features. Apple on Monday announced the details of the new credit card it’s launching with Goldman Sachs – an offering that includes no […]
Sephora is releasing its first-ever credit card this spring. Customers will have three options to choose from: the Sephora Credit Card, the Sephora Visa Credit Card, and the Sephora Visa Signature Credit Card. According to a press release provided to INSIDER, Sephora executive Andrea Zaretsky says the card will take […]
About 500 million people have had their data hacked after staying at Marriott brands, including W, Sheraton, and Westin, the company said on Friday. A breach in the Starwood guest-authorization database means that millions of people had a combination of their names, addresses, passport numbers, dates of birth, and other […]
Kogan.com plans a Kogan Money Credit Card. It has closed a deal with Citi for infrastructure, servicing and back office processing. The card will launch early 2019. Pure-play portfolio retailer Kogan.com just closed a deal with Citi to create a Kogan Money Credit Card. Details about the card, including interest […]
Deserve is a new company that’s focused on helping young people build credit. It just raised $US17 million from Sallie Mae, Accel, Pelion, Aspect Ventures, and Mission Holdings. For many college students, there’s a Catch-22 when it comes to their finances: They can’t get a credit card or student loan […]
The cost of card transactions between the UK and EU would “likely increase” in the event that Britain leaves the EU with no deal, the government has warned. Such increases could cost customers of firms like Uber, which processes UK journeys through its European headquarters in the Netherlands. The chances […]
Credit-card debt is at an all-time high in the US, with differences in balances and credit scores across regions. Residents in the Northeast and Upper Midwest generally own more credit cards and have higher credit scores. Southerners, on the other hand, have lower scores and fewer cards. Here’s how people […]
Credit cards are quickly replacing cash, and credit card usage is at an all-time high. As payment technologies like mobile wallets, cash-sharing apps, and cryptocurrency continue to advance, credit cards are transforming to keep up. The ways we use credit cards today may look completely different in the future – […]
A credit score is a number, used in countries like the US and Canada, which aims to predict your likelihood to meeting financial obligations like paying back a loan. Having a low credit score can make it harder and more expensive to get a mortgage, for example. Mant countries do […]
Credit-card debt can often become overwhelming. According to a new report by ValuePenguin, the average American household has $US5,700 in credit-card debt. Below, a certified financial planner (CFP) suggests an 8-step plan to paying off your credit card debt. When it comes tocredit card debt,it can get overwhelming – and […]
Credit card fraud is on the rise – and so are the different types of credit card scams. Credit card scammers are getting smarter – they use all sorts of tricks, from phony phone calls and emails to credit card skimmers and Wi-Fi hotspots- to obtain your personal information. You […]
The Federal Reserve hiked interest rates to a range between 1.75% and 2% on Wednesday. In response, banks across the US began raising their prime lending rate to 5% from 4.75%. This will affect the rates for credit cards and other nonmortgage loans. The Federal Reserve on Wednesday lifted its […]
For years, credit cards in the US from JPMorgan Chase, Citigroup, and others have offered price protection, a benefit that refunds customers up to $US500 if they buy an item and subsequently spot it cheaper somewhere else. Filing a claim was a laborious task, so few people ever did. Apps […]
The number of credit card accounts increased by 2.6% compared to this time last year. Some experts believe the increase is a good sign for America’s economy. The credit card delinquency rate has also risen slightly, increasing from 1.69% to 1.78%. Credit card use is on the rise. The number […]
Debit card fraud increased by 10% from 2016 to 2017, according to FICO. Since debit cards are linked to bank accounts, they don’t offer as much fraud protection as credit cards. Here’s when you shouldn’t use a debit card – and when you should use cash or a credit card […]
Credit card bills, with lists of charges from businesses you’ve sure you’ve never heard of, are sometimes harder to translate than an alien message left on a moon circling a distant sun. Stuart Grover founded a company, Look Who’s Charging, in 2016 after puzzling over expenses at his previous business, […]
The Federal Reserve hiked interest rates to a range of 1.50% to 1.75% on Wednesday. In response, banks across the US raised their prime lending rate to 4.5% from 4.25%. This will affect the rates for credit cards and other nonmortgage loans. The Federal Reserve on Wednesday lifted its fed […]
The Commonwealth Bank sold insurance for credit cards to people who couldn’t claim benefits, a senior bank executive told the Royal Commission into Financial Services. Under questioning, Clive van Horen, the executive general manager of retail products, agreed that credit card insurance was sold to people who couldn’t claim because […]
Amazon is in talks with JPMorgan Chase to offer a co-branded credit card for small business owners, Bloomberg reports. The credit cards would offer rewards points on purchases, and in the future, business insurance plans to small business owners, one unnamed source told Bloomberg. Amazon is looking to woo small […]
The e-commerce giant is in talks with banks including JPMorgan to launch a “checking account-like product,” the Wall Street Journal reported Monday. Any new product would be geared toward younger customers without bank accounts or credit cards. Amazon has reportedly been in talks with several large banks to launch a […]
Software analytics company CB Insights gives out bi-annual “peer awards” to its employees. The company uses a Starwood American Express business card to pay for its hefty Amazon Web Services bill, generating a ton of Starwood points, which can be used for hotels or flights. The two winners of the […]
Founder of air miles blog Head for Points said people often overlook the best way to earn points – credit cards. Rob Burgess said a American Express Preferred Rewards Gold charge card is a route to easy points. By spending £2,000 within three months you earn 20,000 American Express Membership […]
The Commonwealth Bank will introduce a new low interest credit card next year charging a 9.90% interest on purchases. The announcement comes as the major banks prepare to face parliament again, with Westpac and ANZ the first to face the House of Representatives economics committee today, with CBA boss Ian […]
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The Australian government will stop merchants from imposing excessive credit card surcharges under legislation being introduced in response to a key recommendation from the Murray Financial System Inquiry. Prime minister Malcolm Turnbull and treasurer Scott Morrison announced today that the ACCC will be made responsible for enforcing the surcharge regulations, […]
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