Credit Card News

  • PenFed credit card users to get first trial of CFPB disclosure form

    Pentagon Federal Credit Union will test drive a new credit card disclosure form developed by the Consumer Finance Protection Bureau, officials announced this month. Acting CFPB director Raj Date told reporters at a Cleveland press conference that PenFed, one of the nation's largest credit unions, had agreed to share the CFPB-formatted terms and conditions document [...]

  • Discover Card finds half of small business owners looking for leads on social networking sites

    Researchers commissioned by the Discover Card have tracked a substantial increase in the number of small business owners using social networking sites over the past three years, according to a new report. However, analysts warn, their relative lack of participation on Facebook, Twitter, and Foursquare could leave small business owners wondering [...]

  • Truth in Lending Act to Apply to Credit Lines up to $50,000

    Federal regulators intend to extend consumer protection rules to high-value credit card transactions, according to a new Federal Reserve Board proposal. The Fed asked consumers to comment on two new policy changes that would update both Regulation Z and Regulation M, the federal rules that govern consumer lending and leasing activity.The new regulations raise the [...]

  • American Express forms NBA partnership for All-Star Game and Olympic Team rewards

    American Express extended its ability to provide unique cardmember experiences by signing a multi-year marketing agreement with the National Basketball Association. The partnership extends to all of the NBA's member leagues, including the WNBA, the NBA Development League, and the USA Basketball Team. The deal builds on the success of existing American Express partnerships with [...]

  • Treasury check phase-out to put reloadable debit cards into more Americans' hands

    A Treasury Department cost-cutting move could force more Americans to use reloadable debit cards, according to government officials. In a statement to reporters, Treasury Secretary Richard Gregg said that paper checks to American taxpayers actually cost the government $120 million per year. Requiring Americans to accept tax refunds, Social Security payments, and other federal disbursements [...]

  • Discover Card survey shows stronger holiday spending trend

    A consumer poll sponsored by Discover Card revealed American consumer confidence at its highest level in three years. Researchers commissioned by the credit card issuer asked 8,200 consumers about their spending intentions during November's pivotal holiday spending period. Although 45% of respondents still believe that the economy may get worse before it gets better, the [...]

  • Minnesota Attorney General targets credit card payment protection plan signups

    Minnesota's Attorney General warned consumers to check their credit card statements for extra service charges after accusing Discover Card representatives of deceptive marketing practices. Lori Swanson announced the lawsuit in a statement to reporters this month, alleging that Discover's telemarketing team tricked cardholders into signing up for expensive services during aggressive phone calls.Swanson's office obtained [...]

  • Newsletter Archive

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  • Favorite Links

    The following websites offer some very helpful information regarding credit cards. Please note that we are not responsible for any of the content contained on these sites and that we are not officially endorsing any of the websites featured on this page. MoneyMagicComprehensive source of information regarding personal finance issues. Administered by Mary Ann Campbell, who [...]

  • Customer Service Directory

    Following is a list of of the phone numbers for the customer service departments of the most common credit card issuers. Please Note! If you would like to apply for a card, please visit our Credit Reports section to apply online. You can not apply for a card using the numbers below (these are customer [...]

  • 2006 Proclamation Signing Ceremony by Arkansas Governor Mike Huckabee

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