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Why credit card limits could rise this year

Feb 26, 2021
Lenders aren't quite as nervous about consumer finances anymore, and they're anticipating a boom in consumer spending.
Credit card companies hope that increased credit limits will create more outstanding balances, meaning more revenue for them.
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Last year's federal relief payments contributed to American households' ability to pay down their credit card obligations in the second quarter.
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Italy launches app with incentives to get consumers to go cashless

Jan 18, 2021
In its battle against tax evasion, the government wants more Italians to change their payment method.
The Italian government is discouraging the use of cash and encouraging purchases by credit card to help it collect taxes.
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Credit card debt is falling. That's good news — and bad news

Nov 19, 2020
It's good news for our personal economies, but it means we're not spending as much to prop the economy as a whole.
One expert says retail spending is losing steam right as the critical holiday shopping season is ramping up.
Olivier Douliery/AFP via Getty Images

Travel rewards credit cards add more everyday perks like Uber Eats

Oct 27, 2020
Cards that once lured in customers with travel perks are now focusing on spending that’s closer to home during the pandemic.
Some cards with high annual fees are starting to switch from rewards on travel and hotels to discounts on things like takeout and groceries.
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Capital One cuts some credit card borrowing limits

With government support waning, people could start tapping credit to make ends meet.
With the lapsing of federal pandemic relief, some in the credit card industry are concerned people could start tapping credit to make ends meet and then not be able to pay the debt back.
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Are zero interest credit cards easier or harder to get in this pandemic?

Aug 20, 2020
Some credit experts say that if Congress does not pass a new relief bill soon, credit card offers could dry up more.
Another month, another monthly credit card bill.
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Visa CEO: "The world has changed dramatically"

Jun 30, 2020
Visa CEO Al Kelly discusses the consumer economy and corporate responsibility today, amid the global pandemic and nationwide protests for racial justice.
"We've seen debit card volume increase much more than credit card volume," Visa CEO Al Kelly says.
Courtesy of Visa Inc.

Discover says fewer people are opting to defer credit card payments

Jun 10, 2020
Will banks that offered forbearance see more customer loyalty down the road?
In the long run, it might be better for customers' financial health to pay off credit debt instead of deferring those payments.
Olivier Douliery/AFP via Getty Images

Now you can earn Marriott points at the grocery store

May 4, 2020
Since many people aren't traveling, the hotel company is trying to capitalize on an activity that gives people an incentive to use its cards.
A woman wearing a mask at a grocery checkout stand. Hotel giant Marriott will give points for grocery purchases.
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