Credit Cards

Credit Cards
Capital One Continues to Lead Credit Card App Provider Rankings
September 27, 2022

Still: Top of the heap. A-number one. At least for this month, In the latest reading of the PYMNTS Credit Card App Provider Index, Capital One continued to maintain its top spot, though the ranking slipped two points to a most recent reading of 98....

Credit Cards
DoorDash, Chase Launching Co-Branded Mastercard
September 27, 2022

Delivery service DoorDash is joining forces with Chase and Mastercard to launch its first-ever credit card. According to a Tuesday (Sept. 27) news release, the DoorDash Rewards Mastercard lets cardmembers access benefits and earn rewards on things they purchase both on and off the DoorDash...

Credit Cards
TD Bank, Target Credit Card Partnership to Continue Through 2030
September 21, 2022

Target’s RedCard credit card offerings will continue to be developed by the same team, as TD Bank and Target have extended their credit card partnership, which began in 2013, through 2030. With this contract extension, TD Bank will continue to be the exclusive issuer of...

Credit Cards
Lawmakers Debut House Version of Credit Card Competition Act
September 19, 2022

A pair of U.S. congressmen have introduced the House companion to the Senate’s Credit Card Competition Act of 2022, designed to bring more choice to the credit card market. “Credit card companies and mega banks keep finding new ways to squeeze our small retailers in...

Credit Cards
Card Issuers See Upswing in Borrowing
September 18, 2022

Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18). The assessment was based on credit card data from eight issuers in the United States. August data for the eight...

Credit Cards
What Merchants Are Doing Wrong With Credit Card Surcharges
September 16, 2022

As inflation causes consumers to trade down and spend less, the notion of merchants adding a surcharge to credit card transactions is controversial and can be a deal breaker unless establishments are upfront about it, which is the route savvy merchants are taking. In studying...

Credit Cards
BofA Delinquent Credit Card Rate Creeps Up in August
September 15, 2022

Bank of America credit card metrics were mixed in August, with a slightly higher delinquency rate but better net charge-offs, a Seeking Alpha report said Thursday (Sept. 15). The delinquency rate was up 0.3 percentage points from July, hitting 0.88% from 0.85%. But it was...

Credit Cards
Barclays US, Priceline Launch Card That Earns Points on Redeemed Points
September 15, 2022

Aiming to help customers earn and use rewards more quickly, co-branded credit card issuer and financial services partner Barclays US Consumer Bank and online travel firm Priceline have introduced a feature that allows cardmembers to earn points even when redeeming points. With this new PricePoints...

Credit Cards
Entrust Unveils Tool that Promises More Durable Payment Cards
September 13, 2022

Entrust, a trusted identify and digital infrastructure company that produces equipment for the on-site production of payment cards, announced Tuesday (Sept. 13) the availability of a new tool that it said will make flat cards more durable and as a result save issuers money. The technological...