Spending rises by $15.94 billion, which is a 35% increase over Q3 2013’s figure.
First quarter balance pay downs decrease again, and year-end balances expected to rise.
CardHub.com finds growth and cites drawbacks, including costs of choosing wrong card.
CardHub.com study finds most issuers don't distinguish liability between holder's consumer and business cards.
Walmart advanced further into the financial services arena last week with a new product it will offer in conjunction with American Express.
CFPB mum on new Walmart/Amex offering, while card rater considers it a top-tier new product.
One indication of how deeply plastic payments have influenced the U.S. retail market has been the explosive growth in gift cards at the expense of cash, checks and other forms of plastic. Not only has the National Retail Federation reported that gift cards have effectively extended the holiday shopping season...
CardHub.com says consumers purchased almost $28 million in gift cards over the 2011 holiday season.