Credit cards coming to vending machines
Credit card and financial company experts say that cashless vending machines, allowing consumers to pay for convenient snacks using a major credit card, will soon be on their way to America.
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Are Credit Card Perks of Yesterday Becoming a Past time?
For the third time this year, yet another major credit card company has decided to reduce or trade in some of the best perks of its Membership Reward Programs, which previously lured thousands of current credit card holders to its reigns who boasted time and time again about their year-end savings. |
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Bank of America to Become the Largest Manager of Private Wealth in the US
When Bank of America purchases U.S. Trust for $3.3 billion (in cash!), they will move from the second largest management firm of private wealth to the single largest in the United States, based on financial reports from private US banks on September 30, 2006. Once the banks are combined under Bank of America in March 2007, they'll be managing a total of $261 billion in assets. |
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Gas Stations Experiencing Decreased Profits Despite Higher Gas Prices- Due to Credit Cards
Higher gasoline prices are not only a source of constant frustration for consumer wallets, but convenience stores selling gasoline are also finding the higher gasoline prices a major challenge. Increased gasoline prices do not necessarily mean higher profits for retailers as one might think- instead, the higher gas prices result in higher costs that actually reduce profit margins for gasoline retailers- particularly due to the increase in the amount of credit card fees paid.
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Scamming in the UK
For our friends in the UK, a warning: a credit card scam is being pulled across Lincolnshire. It's an old classic, really. Card holders receive a telephone call from somebody pretending to be with their credit card company. |
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Identity Theft Dangers
Identity theft can happen to anyone. Just today, it was reported that Barclays bank chairman Marcus Agius fell victim to an imposter who sweet-talked call center staff into issuing a credit card in Agius' name. |
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Visa Wins World Travel Awards for Tenth Straight Year
For the tenth year in a row, Visa was named the World's Leading Credit Card at the prestigious World Travel Awards ceremony. The winner was determined by a worldwide online poll that asked travel agencies and front-line travel agents to choose the best credit card. |
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Simply Flexible Visa Offers New Kind of Reward
The new Simply Flexible credit card rewards financial responsibility by allowing card holders to choose their interest rates. For example, a card holder can select a very low APR if they agree to pay off 10% of their card balance each month. This is great news for over half of the card holders out there, who routinely carry a balance on their credit cards.
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