According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...

Visa, Mastercard, and American Express are having a tug-of-war over whose network will get to provide the back-end plumbing ...

The letter from the banking groups calls attention to the fact that although merchants may save money from increased ...

For credit issuers, this is marvelous news. It indicates that young people know they need to prove that they are responsible ...

“The Illinois Interchange Fee Prohibition Act (“IFPA”) threatens to upend the nationally integrated card payment system by ...

Card network Visa, which circulates 1.3 billion credit cards worldwide — or 37% of all credit cards in circulation, isn’t ...

U.S. Bank recently announced a new credit card that offers a market-best introductory 0% APR on balance transfers and ...

New card benefits include credits for airline and rideshare spending, and Instacart+ purchases made with the Chase-backed ...

A recent Bank of America analysis that covers credit and debit card spend in the U.S. reveals that card spending weakened ...

Seniors can and should get aggressive about downsizing their debt. Credit card debt is often the most expensive and should be the first to go. Many retired seniors are hesitant to sell investments, ...

Toby is the founder of CardRates.com and lends his 20 years of experience in the credit card industry to educate consumers. His commentary and reviews have been featured to millions on Yahoo! Finance, ...

John Ulzheimer is an expert on credit reporting, credit scoring, and identity theft. The author of four books on the subject, Ulzheimer has been featured thousands of times in media outlets including ...