The rate at which credit card loans have to be written off has fallen sharply since 2010, according to Equifax, one of the three nationwide credit reporting bureaus.
Federal credit unions could be subject to additional caps on credit card interest rates if a group of Democratic senators gets its way
More than 1,000 credit unions now have their credit card offerings listed on CreditCardConnection.org, a website dedicated to helping consumers find credit union-issued cards.
Card specialist Ondine Irving says most card programs sold to banks wouldn't qualify for list.
In a move aimed at enabling very small merchants to accept credit cards, Intuit says its GoPayment merchant tools will be sold at 2,300 Verizon Wireless stores.
Survey finds Facebook dominant channel and deals and promotions the primary motivator.
"Pretty amazing stuff," consultant Robert Hammer says of fee income eclipsing interest on card loans.
The $5.3 billion American Airlines Credit Union reported that its relatively young credit card program has remained strong during the Great Recession.
Cards services director credits focus on low interest rates, minimal fees.
The Members Group cites results, urges issuers to retain and boost rewards programs.