Holiday shoppers choosing prepaid cards as gifts…
With an expected $25 billion being spent on gift cards this holiday season, according to an Archstone Consulting survey, the new trend will be for consumers to purchase prepaid bank cards instead of company branded gift cards. Prepaid bank cards work just like gift cards but with more flexibility in that they can [...]

New card has built-in keypad and an integrated screen…
When credit cards were first introduced, the purpose was to make purchasing easier when consumers shopped at their local store. Security was of little concern because the transactions were all made face-to-face. But in today’s world of online and telephone purchasing, credit card companies are continually looking for [...]

American Express Program returns with Hot Holiday Deals…

Taking holiday deals to a new level, American Express has brought back their popular My WishList, which runs through December 18. My WishList is an online store that makes dreams affordable to American Express cardholders with the season’s most sought after items at discounts of up to 50%. Features include [...]

Court ruling corrects credit report inaccuracies after bankruptcy…
A new court ruling by Judge David O. Carter, U.S. District Court for the Central District of California, will give millions of consumers who filed for bankruptcy a second chance at a fresh start. The court order stems from a class-action lawsuit alleging that each of the credit [...]

Banks are taking extra steps to collect unpaid credit card debt…
Banks have stepped up their collection efforts on delinquent credit card accounts in an attempt to prevent further crisis. Delinquent customers will be receiving calls about even one missed payment sooner and more frequently and may be offered a payment plan, a break in interest or fees and [...]