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Credit Cards

Bank accounts could soon help determine creditworthiness

by Kristin Schwab
May 13, 2021
Some big banks will give credit cards to people who lack credit scores, looking instead at savings and checking account history.
Fizkes via Getty Images
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Why credit card limits could rise this year

by Justin Ho
Feb 26, 2021
Lenders aren't quite as nervous about consumer finances anymore, and they're anticipating a boom in consumer spending.
Credit card companies hope that increased credit limits will create more outstanding balances, meaning more revenue for them.
Joe Raedle/Getty Images
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COVID-19

Early in the pandemic, fewer Americans paid their credit card bills late

by Justin Ho
Jan 26, 2021
Government relief checks helped.
Last year's federal relief payments contributed to American households' ability to pay down their credit card obligations in the second quarter.
Violeta Stoimenova via Getty Images
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Italy launches app with incentives to get consumers to go cashless

by John Laurenson
Jan 18, 2021
In its battle against tax evasion, the government wants more Italians to change their payment method.
The Italian government is discouraging the use of cash and encouraging purchases by credit card to help it collect taxes.
Ridofranz via Getty Images
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Credit card debt is falling. That's good news — and bad news

by Justin Ho
Nov 19, 2020
It's good news for our personal economies, but it means we're not spending as much to prop the economy as a whole.
One expert says retail spending is losing steam right as the critical holiday shopping season is ramping up.
Olivier Douliery/AFP via Getty Images
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COVID-19

Travel rewards credit cards add more everyday perks like Uber Eats

by Justin Ho
Oct 27, 2020
Cards that once lured in customers with travel perks are now focusing on spending that’s closer to home during the pandemic.
Some cards with high annual fees are starting to switch from rewards on travel and hotels to discounts on things like takeout and groceries.
Dia Dipasupil/Getty Images
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Capital One cuts some credit card borrowing limits

by Sabri Ben-Achour , Nova Safo and Alex Schroeder
Aug 28, 2020
With government support waning, people could start tapping credit to make ends meet.
With the lapsing of federal pandemic relief, some in the credit card industry are concerned people could start tapping credit to make ends meet and then not be able to pay the debt back.
Drew Angerer/Getty Images
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Are zero interest credit cards easier or harder to get in this pandemic?

by Lukas Southard
Aug 20, 2020
Some credit experts say that if Congress does not pass a new relief bill soon, credit card offers could dry up more.
Another month, another monthly credit card bill.
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COVID-19

Visa CEO: "The world has changed dramatically"

by Kai Ryssdal and Sean McHenry
Jun 30, 2020
Visa CEO Al Kelly discusses the consumer economy and corporate responsibility today, amid the global pandemic and nationwide protests for racial justice.
"We've seen debit card volume increase much more than credit card volume," Visa CEO Al Kelly says.
Courtesy of Visa Inc.
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COVID-19

Discover says fewer people are opting to defer credit card payments

by Justin Ho
Jun 10, 2020
Will banks that offered forbearance see more customer loyalty down the road?
In the long run, it might be better for customers' financial health to pay off credit debt instead of deferring those payments.
Olivier Douliery/AFP via Getty Images
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