Payments/Credit/Debit

Unemployed residents of New Mexico who receive unemployment benefits by card will be able to get them without paying a fee at an ATM deployed by a CUSO, according to the New Mexico Business Weekly.

The $1.2 billion Chartway Federal Credit Union has cut the rates on its credit cards as most, if not all, bank card issuers have raised their own.

Credit card issuers will be playing defense in Washington during the next few days.

An independent card industry analysts speculates that other bank card issuers will follow Bank of America's recent move to charge a 4% fee on balance transfers.

MasterCard International has developed an application with which users of Apple's iPhone can find the location of any ATM no matter where they are in the world, the card brand announced.

Credit unions may have yet another opportunity to offer their members and non members a better card deal just when many consumers with very solid credit scores are getting frustrated with their bank card issuer.