Credit Cards

Bank of America and JPMorgan Chase Report Rising Delinquencies
Credit Cards
Bank of America and JPMorgan Chase Report Rising Delinquencies
February 15, 2023

The two largest banks in the U.S. have reported rising delinquency rates on their credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Discover Reports Rising Credit Card Delinquency Rate
Credit Cards
Discover Reports Rising Credit Card Delinquency Rate
February 13, 2023

Discover Financial’s credit card delinquency rate has been rising each month since May 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
Credit Cards
Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
February 02, 2023

A leading House Republican says President Biden’s proposed credit card fee cap will hurt consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Biden Calls for Cap on Credit Card Late Fees
Credit Cards
Biden Calls for Cap on Credit Card Late Fees
February 01, 2023

The Biden administration wants to cap what it calls excessive credit card late fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
Credit Cards
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
January 31, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Worldline and ING Expand Card Partnership
Credit Cards
Worldline and ING Expand Card Partnership
January 30, 2023

Worldline has announced an extended card issuing and processing arrangement with ING. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Capital One Card Spending Up 9% as Credit Loss Provisions Triple
Credit Cards
Capital One Card Spending Up 9% as Credit Loss Provisions Triple
January 24, 2023

Capital One Financial’s latest results show consumers continue to spend, but a modestly worse economic outlook has boosted allowance for credit losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
Credit Cards
Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
January 24, 2023

Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Credit Card Interest Rates Expected to Reach Average of 20.5%
Credit Cards
Credit Card Interest Rates Expected to Reach Average of 20.5%
January 05, 2023

Credit card interest rates are expected to average 20.5% by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...