Surfing a credit card balance from a high-interest card to one with a lower interest rate has been a common way for those with debt to pay it off more quickly and save money (or even make money) on interest. Balance transfer deals became scarce following the financial crisis of...
Posted October 3, 2011 | 10/03/11 07:33 PM ET
When Bank of America announced it will charge a $5 monthly fee for debit card use, consumers erupted with a torrent of angry words. Other banks have already begun implementing or testing similar fees: Wells Fargo begins testing a $3 monthly fee on Oct. 14 in Georgia, Nevada,...
Posted July 20, 2011 | 07/20/11 07:13 PM ET
You probably think the holders of the very best credit cards, such as the American Express Centurion (the "black card"), are all celebrities. But that may not be the typical Centurion member.
Perhaps a better example is Taysha Valez, the 29-year-old founder of myTAY...
Posted January 25, 2011 | 01/25/11 02:53 PM ET
American consumers have spoken! They really like some credit cards.
From September through December, CardRatings.com asked readers to choose their favorite credit cards or issuer in five key areas. After tallying hundreds of responses, we present the CardRatings Consumer's Choice Awards for the Best Credit Cards of 2010.
American...
Posted January 20, 2011 | 01/20/11 01:34 PM ET
On the heels of the CARD Act implementation in 2010, cardholders using more debit than credit cards, and the Federal Reserve recommending a cap on debit card fees issuers can charge merchants, the world of plastic has been kicked around over the past several years.
To see what...
1 Comments | Posted February 7, 2012 | 02/07/12 01:03 PM ET