Curtis Arnold
Curtis Arnold, Editor-in-Chief
Joe Taylor
Joe Taylor Jr., Reporter
Amber Stubbs
Amber Stubbs, Managing Editor

May 2005

College Student Credit Card Debt Down in Recent Years

Written by CardRatings.com
Posted On: May 26, 2005

Nellie Mae, the nation's largest provider of student loans, recently released a study which found that college students are carrying fewer credit cards and using them less than in previous years.  &nbspThe; study found that 76% of undergraduates carried credit cards in 2004, down from 83% at the time of their last survey in 2001. College [...]

Posted in Credit Card Debt / Settlement | 0 Comments

Credit Card Earnings Among Large Card Issuers Soar 51% in 2004

Written by
Posted On: May 25, 2005

  Credit Card Management, soon to be known as Cards & Payments, Source Media's magazine covering changes in the credit card industry, has published it's 2004 Bank Card Profitability Study and Annual Report. It was featured as the cover story in the May issue. The study found that large credit card issuers collectively made after tax [...]

Posted in Credit Card Companies | Other | 0 Comments

Credit Card Industry Reform Proposed by Senators

Written by
Posted On: May 22, 2005

U.S. Senators criticized the credit card industry in a hearing of the Senate Banking Committee last week for unfair practices and for failing to disclose information to consumers in a clear and understandable way. Noting that the new federal bankruptcy law helps financial companies, Senate Democrats are calling for laws to help people better understand [...]

Posted in Credit Card Laws | 0 Comments

American Express Launches New Platinum Business Premium Cash Rebate Credit Card

Written by CardRatings.com
Posted On: May 17, 2005

EDITOR'S NOTE:  THIS OFFER EXPIRED AND IS NO LONGER AVAILABLE.  The success of cash rebate cards continues to help fuel American Express' growth in the US as they unveiled another business cash rebate card for high-spending small business owners. The new "Platinum Business Premium Cash Rebate Card" carries no annual fee and offers up to [...]

Posted in Business Credit Card | 0 Comments

Credit Card Grace Periods Become More Graceless

Written by CardRatings.com
Posted On: May 13, 2005

"Say goodnight, Gracie" as credit card companies say goodbye to generous grace periods. In the past you could carry a balance on your credit card account for 30 days or more before paying a finance charge. This grace period has been shrinking over the past few years. The latest instance of grace period tightening is [...]

Posted in Credit Card Help | 0 Comments

$150 Gift Card Offer from Charles Schwab Bank Visa Credit Card

Written by CardRatings.com
Posted On: May 5, 2005

The Charles Schwab Bank Visa credit card, which was launched last fall and is issued by MBNA, is offering a $150 Visa gift card to it's new cardholders for a limited time only. This promotion is very aggressive and underscores Schwab's commitment to the credit card market. Benefits of the Charles Schwab Bank Visa include: Visa [...]

Posted in Visa Credit Card | 0 Comments

Credit Card Minimum Payments Rising Soon

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Posted On: May 3, 2005

We are pleased to share some great news for consumers! Your credit card minimum payment, which is typically calculated as only 2% of your credit card balance, will be climbing to up to 4% of your credit card balance soon thanks to guidelines set forth by bank regulators. We have been supporting such a change [...]

Posted in Credit Card Help | 0 Comments