Clik here to view.
LowCards.com Weekly Credit Card Update–March 29, 2019
Here’s Everything Apple Isn’t Telling You About Its New Credit Card Apple officially unveiled the credit card during a Monday press event alongside other new services. The card is being offered in...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–May 3, 2019
Bad Credit Card Debt Is on the Rise Red flags are flying in the credit card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off rate, the percentage...
View ArticleClik here to view.
Kroger Reverses Ban on Visa Credit Cards
Kroger has reversed the ban on Visa Cards and will now accept Visa at all locations. Kroger first banned Visa cards in August 2018. The ban involved 21 Foods Co. locations in California, but was then...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–November 1, 2019
Fed Cuts Interest Rates, But Indicates A Pause Is Ahead The Federal Reserve approved an expected quarter-point interest rate cut Wednesday but indicated that the moves to ease policy could be nearing a...
View ArticleClik here to view.
American Express May Be Paying Merchants to Accept Their Cards
American Express is known for charging higher merchant fees than the other credit card networks: Visa, Mastercard, and Discover. A number of businesses do not accept American Express because they do...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–November 22, 2019
AmEx Is Paying Up to Get Businesses to Accept Its Cards American Express wants more businesses to accept its cards. So it is paying them, sometimes in amounts approaching a half-million dollars. The...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–December 13, 2019
Americans’ Credit Card Debt Poised to Reach 10-Year High Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of...
View ArticleClik here to view.
Visa Plans to Adjust Swipe Fees for First Time in 10 Years
Visa is planning to adjust the rates merchants pay for credit and debit card processing, according to a new report from Bloomberg. Visa’s fees will vary based on the type of transactions a merchant...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–February 7, 2020
Visa Is Planning the Biggest Changes to Swipe Fees in a Decade Visa is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, hoping to persuade more people to...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–February 14, 2020
Credit Card Debt in U.S. Rises to Record $930 Billion Credit card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–April 10, 2020
Another Challenge for Small Businesses: Higher Card Fees Could Be on the Way Many small businesses could have another thing to worry about when they come out of a coronavirus coma: higher credit-card...
View ArticleClik here to view.
Visa and Mastercard Agree to Cap Merchant Fees for European Tourists
Visa and Mastercard agreed to cap the fees charged on card payments made by tourists in the European Union in an effort to avoid fines and investigations. The European Commission says the current fee...
View ArticleClik here to view.
When Will Plastic Credit Cards Go Away?
Experts believe the question is no longer if credit cards will disappear. It is how long before credit cards go away. As more people are switching to mobile payments made through their smartphones or...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–July 31, 2020
A Third Of Small Business Owners Have Tapped Personal Funds To Stay Afloat Roughly 35% of small-business owners in a survey said they’ve needed to tap their own funds—via a personal credit card and/or...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–October 23, 2020
JPMorgan Chase Takes on Square and PayPal with Smartphone Card Reader, Faster Deposits for Merchants JPMorgan Chase is rolling out a checking account that is paired with a new fintech-inspired service...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–December 18, 2020
Watch Out for Covid Surcharges on Credit Card Statements Industry reports indicate that credit card surcharges may be becoming a mainstream practice during the pandemic. Retailers are allowed to charge...
View ArticleClik here to view.
LowCards.com Weekly Credit Card Update–January 8, 2021
Federal Investigators Probing AmEx Card Sales Practices Federal investigators are probing business card sales practices at American Express. The inspectors general offices of the Treasury Department,...
View Article