Credit Cards

Credit Cards
Citi, ExxonMobil Expand Credit Card Relationship
February 01, 2022

Banking giant Citi and ExxonMobil have announced an extension of their long-standing credit card relationship, the companies said in a news release Tuesday (Feb. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Credit Cards
Brooks Brothers Extends Credit Card Alliance with Citi
January 28, 2022

Brooks Brothers and Citi Retail Services are extending their consumer credit card alliance in a collaborative drive to revolutionize omnichannel payment options, according to a press release on Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Credit Cards
Visa, Mastercard, Synchrony Results Spotlight Credit Rebound — But for How Long?
January 28, 2022

The payment networks that have reported earnings thus far — Visa, Mastercard and American Express — show a full-fledged resurgence in credit spending, after green shoots started to emerge in previous quarters. Get the Full Story Complete the form to unlock this article and enjoy...

Credit Cards
UK Payments Watchdog Calls for Credit Card Reforms
January 26, 2022

The U.K.’s payments watchdog has called for reforms that would increase competition in retailer’s card services amid a rise in cashless transactions stemming from the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Record Spending Gives AmEx a Profitable Q4
January 25, 2022

American Express Chief Financial Officer Jeff Campbell downplayed the omicron variant’s effect on travel spending Tuesday (Jan. 25) after the company saw its fourth-quarter profit exceed expectations amid record spending levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amex Teams With Artists for New Platinum Card Designs
January 20, 2022

American Express is adding more art to its high-end Platinum cards, Bloomberg reported Thursday (Jan. 20). 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...

Credit Cards
Merchant Payments Coalition Urges US Lawmakers to Consider Card Fees
January 19, 2022

The Merchant Payments Coalition (MPC) sent a letter on Wednesday (Jan. 19) to the U.S. Senate Committee on Banking, Housing and Urban Affairs to highlight Amazon’s decision and reversal regarding the acceptance of Visa credit and debit cards in the U.K. Get the Full Story...

Credit Cards
Interchange Fees Back in US Antitrust Spotlight Post Amazon UK Visa Card Ban Reversal
January 19, 2022

In the U.K., Amazon’s ban on Visa cards has been abandoned, but the ripple effects may last long and reach far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Cards
Instacart Launching Co-Branded Credit Card With Chase, Mastercard
January 19, 2022

Credit card issuer Chase and online grocery platform Instacart on Wednesday (Jan. 19) announced an expansion of their partnership with Instacart’s first credit card, with Chase as the exclusive issuer and Mastercard as the exclusive payments network for the new offering. Get the Full Story...