Credit Cards

Credit Cards
Credit Card Delinquency Data Hints at Paycheck-to-Paycheck Pressures
December 16, 2022

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Credit Cards
TD Bank Renews Nordstrom Credit Card Collaboration
November 23, 2022

TD Bank is extending its credit card program with Nordstrom, serving as the exclusive issuer of the luxury retailer’s Visa and private label cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Credit Cards
NY Fed: Consumers Stick With Credit Cards as Balances Grow
November 21, 2022

Consumer credit demand has been on the decline this year, except when it comes to new applications for 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....

Credit Cards
False Declines Drop When Merchants and Issuers Show a Little Trust
November 18, 2022

Card declines are known to blast off during peak shopping seasons, the winter gifting holidays topping the list, and the pernicious problem of false declines is a fixable part of this problem that cost merchants and issuers an estimated $440 billion in 2021. Get the...

Credit Cards
American Express and Square Team on New Seller Credit Card
November 16, 2022

American Express and commerce solutions provider Square have partnered to create a forthcoming credit card that will be designed for Square sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Credit Cards
Synchrony Q3 Delinquencies Hint at Paycheck-to-Paycheck Consumer Pressures
October 26, 2022

Every earnings season tells a tale. So far the storyline is that consumers remain buoyant, are still willing to open their wallets and wield credit cards to get what they need. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Credit Cards
Ex-PayPal CEO Wants Middle-Income Earners to Reach ‘Nirvana’ With Credit Card Platform
October 24, 2022

Former PayPal CEO Bill Harris has launched Nirvana Money, a credit card product for middle-income earners as consumers work to keep their heads above water amid inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Credit Cards
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Credit Cards
BofA, AmEx Report Rising Credit Card Delinquencies
October 17, 2022

Credit card delinquency rates in the U.S. are slowly creeping upward, Bank of America and American Express reported Monday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...