Credit Cards

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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. Get the...

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). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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. Get the Full Story...

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. Get the...

Credit Cards
Synchrony Financial Credit Card Deliquency Rate Up to 3.1% in August
September 12, 2022

Synchrony Financial on Monday (Sept. 12) reported a rate of credit card delinquencies as a percentage of receivables of 3.1% for August, the highest level in at least a year, in a filing with the Securities and Exchange Commission. Get the Full Story Complete the...

Credit Cards
Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
September 12, 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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...