Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]
Credit Cards
Trending topics and news from the Credit Cards category
Back to news homeWhy Banks Are Suddenly Closing Customer Accounts
Naafeh Dhillon had just left the holiday light show at Saks Fifth Avenue in New York when he learned that all of his bank accounts had mysteriously gone dark.After the […]
When It Comes to Money, Your Brain Can Be Your Own Worst Enemy
With the average credit card interest rate at nearly 24 percent, according to LendingTree, it’s expensive to stay in debt. Yet 29 percent of credit card customers pay only the […]
How Young Couples Talk About Money in Relationships
Opening a line of communicationTessa Miller Kiesz, 21, and her partner, Nicholas Brester, 22, had been living together for about two months when they decided to adopt a kitten named […]
How Taylor Swift Got Fans to Sign Up for Their First Credit Cards
Halie Smith’s devotion to Taylor Swift runs so deep that she feels as if she can trust her like a friend. After the pop star encouraged fans to vote in […]
Varo’s bank charter milestone, more corporate cards and BNPL under a microscope
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our […]
Payment Data Could Become Evidence of Abortion, Now Illegal in Some States
Digital payments are the default for millions of women of childbearing age. So what will their credit and debit card issuers and financial app providers do when prosecutors seek their […]
Mastercard and Visa Suspend Operations in Russia
Mastercard and Visa said they would suspend operations in Russia, essentially severing cardholders there from transactions outside the country in response to the invasion of Ukraine.The suspensions announced on Saturday […]
Visa hopes its new crypto consulting arm will help it become cooler than its competition
The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients […]
Robinhood Hits College Campuses, Where Credit Card Companies Fear to Tread
Robinhood, the free stock-trading app with 21 million active users and counting, is about to hit the road for a college coffeehouse tour to drum up new customers.Now where have […]