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LowCards.com Weekly Credit Card Update–June 22, 2020
Mastercard Research Indicates Sharp Rise in eCommerce, Abandonment of Cash According to Mastercard’s SpendingPulse research unit, in findings published in a digest Thursday, there has lately been a...
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Is a Cashless Society Good for America?
The United States continues to break away from cash transactions. The popularity of online shopping and the increase in alternative payment methods has pushed many consumers to eliminate cash from...
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LowCards.com Weekly Credit Card Update–August 14, 2020
Goldman Sachs Vies For GM’s Credit Card, Betting You’ll Buy Coffee With Your Car Goldman Sachs is seeking to acquire the credit card business of General Motors, doubling down on consumer banking and...
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LowCards.com Weekly Credit Card Update–August 28, 2020
A Peek At Facebook’s Plans For Mobile Payments Facebook, the world’s largest social media platform, is planning to introduce mobile payment options which will include Facebook Pay. The move will give...
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LowCards.com Weekly Credit Card Update–September 4, 2020
Visa Says U.S. Spending on Cards Up Despite Drop in Jobless Aid Visa said overall spending on its cards by U.S. consumers climbed in July and August even after elevated unemployment benefits expired....
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LowCards.com Weekly Credit Card Update–September 11, 2020
Citi Customers Can Now Make Their Credit Card Minimum Payment Using Rewards Points Citi is now offering a temporary point redemption opportunity that gives customers the option of redeeming cash...
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LowCards.com Weekly Credit Card Update–September 25, 2020
Ruth Bader Ginsburg Paved the Way for Women to Get Credit Cards But there’s a less known aspect of her legal work that has had profound consequences in the world of finance: if you are a woman who...
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LowCards.com Weekly Credit Card Update–November 12, 2020
Wells Fargo Seeks Bidders For Private-Label Credit Card Unit Wells Fargo is seeking to sell its private-label credit card and point-of-sale financing unit as part of an ongoing strategic review of its...
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LowCards.com Weekly Credit Card Update–December 10, 2020
Capital One Stops ‘Risky’ Buy-Now-Pay-Later Credit Card Transactions Capital One has barred customers using its credit cards to clear buy-now-pay-later debt as the transactions bear unacceptable risk,...
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LowCards.com Weekly Credit Card Update–December 30, 2020
Economy Flops, Credit Cards Approvals Drop Since June 2020, the likeliness of a credit card application being declined surged from 26% to 35.1% in October, according to NY Fed data. This high turndown...
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