Credit Card News & Advice

  • Credit Card Disclosures May Sway How You Pay

    If your credit card statement didn't tell you what your minimum payment was, would you be likely to pay more or less? A team of international researchers finds in a new report that, left to your own devices, you'd pay more – as much as 24 percent more.

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  • Banks Wounded, But More Fees Still Likely

    Consumers have won this round in forcing big banks to trash their plans for charging monthly debit card fees. But the banks are still staring down $6 billion in losses and they will have to make that up somewhere, say experts.

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  • Banks Bow to Consumer Pressure on Debit Fees

    Score one for consumers. After a month of public rage over Bank of America's plan to start charging debit card users $5 a month next year, the bank announced on Tuesday it was scrapping the plan. The move followed similar reversals by four of the nation's largest banks in the last week.

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  • Visa, MasterCard Want to Link Purchases to Ads

    What you charge on your credit card eventually may determine what ads you see online, according to a new report. The Wall Street Journal obtained documents indicating that Visa and MasterCard are working on strategies to link Web users with credit card purchases.

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  • Goodbye to Cheap Banking? You Bet, Say Experts

    Are free services at banks going the way of the complimentary airline meal and bags checked for free? You can bet on it, say experts. Banks that used to rely heavily on interest income are now looking to make it up with new fees.

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