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Credit Card

Credit Cards Need Chip and PIN Protection

Steve Pociask | Posted 03.17.2015 | Business
Steve Pociask

I agree with some of the new federal initiatives to prevent identity theft and protect consumers' privacy. But they can only do so much. The pressure is now on financial institutions to provide the most secure technology available.

How to Close the Racial Wealth Gap

Sean McElwee | Posted 02.21.2015 | Politics
Sean McElwee

Any presidential candidate should make the baby bond a central plank of their 2016 if they want to seriously address the problem of wealth inequality. Without such a proposal, wealth, and therefore political power will become increasingly concentrated in the hands of a small elite.

Why a $95 Credit Card Annual Fee Can Be Worth It

MyBankTracker | Posted 02.02.2015 | Money

To be clear, when I'm saying "benefits," I'm not referring to the tons of rewards that you can earn. I'm talking about the perks that often come with pages of fine print -- which we never bother to read.

Gerry Smith

Why Credit Card Companies Couldn't Stop Hacks At Target And Home Depot | Gerry Smith | Posted 10.29.2014 | Technology

While public outrage over recent data breaches has focused mostly on the retailers that were hacked, several security experts say the credit card indu...

Why Home Depot's Data Breach Is Worse Than You Think

Gene Marks | Posted 11.24.2014 | Small Business
Gene Marks

In a slow economy. Big companies can absorb losses, establish reserves, raise prices. Small businesses, including mine, have less resources and flexibility. We are exposed -- more exposed to this problem than anyone else.

What Do You Know About Your Credit Card? | Posted 11.02.2014 | Money surveyed Facebook users ages 18 and older throughout the U.S. to find out exactly what they do and do not know about their cards. Shockingly, we found that most don't know the basics about their cards and are even making some crucial mistakes when it comes to credit.

How to Negotiate Credit Card Retention So You Can Dodge Your Annual Fee

MyBankTracker | Posted 10.27.2014 | Money

It seemed like a good deal. That credit card you signed up for had great terms, it came with a gift of bonus points to boost your account, and even a ...

Why Timing Is Everything When Asking for Your Credit Limit Increase

MyBankTracker | Posted 08.03.2014 | Money

When is a good time to ask for a credit limit increase? Some times are better than others to ask for a raise in your credit line. First and foremost, ...

One Reason You Should Maybe Switch To MasterCard

Reuters | Posted 07.28.2014 | Business

* Cards issued in U.S. to have identity theft resolution assistance * Zero-liability coverage extension to take effect in Oct (Add...

What a Near-Perfect FICO Score Looks Like and How You Can Get It Too

MyBankTracker | Posted 07.22.2014 | Money

Does a perfect FICO score exist? No one has even seen one, if it is even possible to attain. But, we found someone who is extremely close to it. Na...

How to Get a Near-Perfect FICO 8 Bankcard Score: One Woman's Story

MyBankTracker | Posted 07.13.2014 | Money

There are advantages to maintaining a pristine credit profile. Primarily, having great credit means that you're more likely to qualify for loans and l...

4 Key Steps in Taking Control of Your Spending

Bradford M. Pine | Posted 05.20.2014 | Money
Bradford M. Pine

Budgeting is like exercising for many people: We know we should do it, and we really want to, but after a long day, it's pretty much the last thing on...

How Many Credit Card Frauds Must We Endure Before Security Improves?

The University of Central Florida Forum | Posted 05.19.2014 | College
The University of Central Florida Forum

By Maritza Martinez UCF Forum columnist Yes, it can happen to you... In November, I was contacted via phone and email by my credit card compa...

If You Read One Article About Dropping Credit Cards, Read This One!

Jim Gibson | Posted 05.07.2014 | Money
Jim Gibson

Here goes: closing or canceling a credit card starts a snowball effect that will give your credit score a wallop it may not be able to stand.

Yes, Virginia, There Is a Responsible Way to Use Credit Cards

Kali Hawlk | Posted 04.06.2014 | Money
Kali Hawlk

Don't let anyone use a fear tactic to scare you into thinking all credit card use will end in financial ruin.

4 Tools to Help Monitor Your Accounts for Fraud

MyBankTracker | Posted 04.01.2014 | Money

Fortunately, with the help of financial tools, consumers can keep a close eye on their accounts for any suspicious activity with these free tools.

Avoid Tax Pitfalls When Donating Your Credit Card Rewards Points or Miles

MyBankTracker | Posted 01.23.2014 | Money

The holiday season is a time to give back to those who are less fortunate and if you are considering making a donation from your credit cards rewards, be aware of the tax implications involved with this type of donation.

Why There's No Such Thing as "Free" in Travel

Christopher Elliott | Posted 10.24.2013 | Travel
Christopher Elliott

One of the more pervasive travel practices is calling something "free" when it's not. Like Southwest Airlines' clever Bags Fly Free campaign, which should actually be called, "Bags Are Included With Your Ticket." But it doesn't have the same ring to it, does it?

Is There Ever a Good Time to Close a Credit Card?

MyBankTracker | Posted 01.23.2014 | Business

Before you actually close your credit card, consider the effects that this will have on your credit scores.

How Small Fees Add Up to Big Problems for Small Businesses

Greg Voakes | Posted 12.08.2013 | Small Business
Greg Voakes

While running your own small business can be a deeply rewarding and exciting enterprise, you definitely need to play it smart to stay ahead of your competitors, even if they have far more resources at their disposal than you do.

If You Thought Airline Fees Were Bad, Read This

Christopher Elliott | Posted 09.20.2013 | Travel
Christopher Elliott

At the intersection of Highway 20 and Highway 101 in Willits, Calif., you'll find three service stations. But look closely before you pump gas, otherwise you could pay a lot more than you expect. What follows is a cautionary tale about junk fees from an industry we tend to ignore.

My Credit Card Company Lost My Payment. Now What?

Steve Rhode | Posted 11.04.2013 | Business
Steve Rhode

Dear Steve, In March 2013, I purchased $74.98 with a brand new Macy's Star Rewards card. They sent a statement, I paid the full amount, on time, in t...

Largest Hacking Fraud Case Ever

Reuters | David Jones and Jim Finkle | Posted 09.24.2013 | Technology

(Reuters) - Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies ...

Watch Your Wallet Overseas

Christopher Elliott | Posted 07.07.2013 | Travel
Christopher Elliott

If you travel overseas, some merchants hope you won't bother to ask basic questions or do a little mental math before you plunk down your credit card. Don't turn off your brain when it comes to using money overseas. Because they're counting on you to.

Visualizing the Evolution of the Modern Credit Card [VIDEO] | Posted 06.25.2013 | Technology

While technology has advanced since, considering close to a century has passed since the idea of a credit card materialized, it's particularly surprising to note how little has actually changed with credit card technology.