Credit Cards

Browse Credit Card Categories:

NextAdvisor Credit Card Blog Headlines

Consumers Union wants to know what you think about credit card reform
Consumers Union has created CreditCardReform.org, which provides news updates and explanations to ensure that readers understand how credit card reform effects their financial situations, as well as a wealth of tips to help readers use credit responsibly. In the months before the new protections outlined in the latest legislation go into effect, Consumers Union is attempting [...]

Master hacker pleads guilty
Infamous hacker Max Ray Vision, a.k.a. "Iceman", a.k.a Max Butler pleaded guilty yesterday to wire fraud charges. Wired Magazine reports that he "stole nearly 2 million credit card numbers from banks, businesses and other hackers, which were used to rack up $86 million in fraudulent charges." Butler started out as a good guy, doing contract [...]

Credit Card Accountability, Responsibility and Disclosure Act dissected
When President Obama signed the Credit Card Accountability, Responsibility and Disclosure Act into law, a number of credit card companies went on the defensive, predicting annual fees, diminished grace-periods, and other customer-focused expenses. Enter two doctoral candidates at Harvard, Ryan Bubb and Alex Kaufman, who tell us in their recent New York Times op-ed piece [...]

Credit Cardholder's Bill of Rights includes special protections for college s...
While the Credit Cardholder's Bill of Rights offer protections for all Americans, there are a few amendments that specifically designed to help prevent college students from racking up thousands of dollars of debt while they are still undergrads. First, there are much more strict limits on the amount of credit that can be offered up to [...]

Credit card processors' new approach to preventing data theft
When credit card processors fail to adequately protect customer data, data breaches and identity theft occur. This fall, they'll be trying out a new strategy for protecting that data. Since processors are finding it impossible to thwart each and every hacker, they'll encrypt the data in such tiny segments that stealing it will no longer [...]

How do we receive a list of retailers in the Citi Bonus Cash Centers?
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way. Q: How do we receive a list of retailers in the Citi Bonus Cash Centers? A: There are currently 574 retailers that provide [...]

Criminals target ATMs to steal your identity and credit cards
Robert Siciliano is a NextAdvisor.com Expert Guest Blogger Skimming is a form of identity theft that is one of the financial industry's fastest-growing crimes, according to the U.S. Secret Service. The worldwide ATM Industry Association reports over $1 billion in annual global losses from credit card fraud and electronic crime associated with ATMs. Skimming is a relatively [...]

Will New Federal Reserve Rules End Rate Jacking?
We pointed out a couple months ago how the credit crisis could be lowering your credit score, even if you paid all your bills on time and in full. A related problem we've seen occurring all too frequently in the last month has been so-called rate jacking. The definition of rate jacking is when a [...]

Credit 101
If you are a high school or college student, now is the best time to begin establishing a credit history, and that means that it's also time to learn how to use credit responsibly. You may have one or two credit cards already, or perhaps you're just beginning to consider applying for your first. Either [...]

Say goodbye to inactive credit cards
Credit card companies aren't just lowering credit limits in response to the economic downturn. They are also more likely to cancel inactive cards. This can lower your credit score by decreasing your amount of available credit, but also by shortening your credit history. If you have one or more credit cards that haven't been used [...]