News about credit cards

Credit card issuers making a difference

[June 29th, 2011]

Credit card companies have been in the spotlight over the last few months. While the onset of recession saw these lenders go into hibernation, they are now back with a bang with the economy showing signs of recovery. There are cards that offer various deals to customers today with each one targeting a specific segment. [...]

Prepaid cards now a source of revenue to banks

[June 12th, 2011]

Banks and other financial institutions that saw their revenue being curbed with the introduction of the CARD Act have now begun issuing prepaid cards in large number to make up for the lost revenue. These cards have become so popular now that even state government are sidelining paper checks and issuing various benefits on these [...]

Limited history credit cards for those with no credit history

[May 27th, 2011]

Though the economy seems to be well on its path to recovery, people with no credit history or those with limited credit history still find it tough to find the right type of credit cards to help them build an enviable credit history that can get them various benefits and perks. The silver lining for [...]

AmEx reveals two new cards with cash back offers

[May 13th, 2011]

At a time when banks are willing to bend over backwards to bring in new customers, American Express is also not willing to be left far behind in the race. To keep pace with its competitors in the country, the bank has come up with two new credit cards that have cash back deals that [...]

0% APR credit card deals you should not miss

[April 26th, 2011]

The strong competition in the credit card industry has forced almost all credit card providers to offer steal deals to bring in new customers. While there are innumerable strategies that are employed by these companies, it is the 0% APR deals that are the most sought after by consumers. However, not all credit card lenders [...]

Obtaining student credit card after the CARD act just got tougher

[April 11th, 2011]

With spring just round the corner, students are trying hard to find a credit card to adorn their wallets to fund their small vacations. However, the implementation of the CARD Act has made the process of obtaining one tough. With the Federal Reserve placing several restrictions on banks desperately trying to woo youngsters, financial institutions [...]

Prepaid cards could be the solution to help card users from sliding into debt

[March 31st, 2011]

According to the recent research done by credit-land.com it has been found that at least 5 million people in the UK alone have a permanent issue of overdrafts and another 18 million are sliding into overdrafts since the last year. With these alarming figures people are generally worried about sliding into debt at some point [...]

Millions of BOA credit card account to see reduction in interest rates

[March 25th, 2011]

Just a few days ago, the Bank of America was in news because of their announcement to implement a $59 annual fee on a few of credit cards accounts. This move seemed to be defy the CARD Act. However, now the bank is in news for something totally opposite. Over a million card holders who [...]

BOA’s new rules defy CARD act

[March 16th, 2011]

One of the reports by the Associated Press suggests that Bank of America recently declared its plan to levy annual fees of $59 on certain credit card accounts. The spokespeople for this bank also announced that the accounts for which these new fees will be applicable will be decided based on multiple factors such as [...]

Capital one rolls out good credit card offers for people with limited credit

[March 11th, 2011]

It is not uncommon to see people with limited or fair credit struggling to find the right credit card that can give them a perfect balance of interest rates as well as credit limits. Though there are many credit card lenders who offer such cards, it is the cards from Capital One that are the [...]

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