Big banks lost big bucks on interchange since Durbin. Smaller banks experienced a slight decline while credit unions held steady.
Card website criticizes First Premier Bank's credit limit fees.
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.