CardTrak.com - Most Trusted Source of Credit Cards Since 1986

Library:

• Latest
• Search
• 2009
• 2008
• 2007
• 2006
• 2005
• 2004
• 2003
• 2002
• 2001
• 2000
• 1999
• 1998
• 1997
• 1996

Latest Daily Credit Card News at CardTrak.com

Limit Chop August, 24, 2009

Over the past twelve months nearly 60 million cardholders have been victims of a credit card credit limit reduction. Since the October "Credit Crunch" an estimated 33 million U.S. cardholders were hit with a "Limit Chop." more

Upper 15% Card August, 21, 2009

For consumers with very good jobs, that bring in at least $120,000 per year in household income, there is a new card that offers it all. The new "Sapphire" card from Chase is targeted at the upper 15% of U.S. households in income and offers no preset limit, ... more

CARD Act Impact August, 20, 2009

While some provisions of the new "Credit CARD Act" take effect today the credit card industry will be undergoing fundamental change over the next five months to adjust to the full impact of the new regulations. Pay close attention to ANY communications from ... more

Rate Uptick August, 19, 2009

Thanks to the new credit card rules that go into effect shortly, core credit card interest rates have been rising and will likely rise higher by early next year. At the start of the recession average credit card APRs hovered around 16%, dropping to slightly ... more

Card Stealers August, 18, 2009

The government has finally put a face on several recent data theft crimes that potentially affected more than 170 credit and debit cards. It is the largest alleged credit and debit card data breach ever charged in the U.S. Following an investigation by U.S. ... more

Visa Adventure August, 17, 2009

The ultimate hunting and fishing trip awaits one lucky winner in a new credit card sweepstakes that starts this week. Just use any Visa card at a Cabela's store between August 20th and September 7th and your name goes in the hat. more

More Freedom August, 14, 2009

As more card issuers shift to focusing on existing cardholders rather than signing up new ones, look for more linkage between credit cards and other banking services. Chase's "Freedom" credit card rewards program, first launched in July 2006, now has a new ... more

June Debt August, 13, 2009

Consumer revolving credit, mostly credit card debt, has been declining at a much faster pace in 2009 than previously reported and continued its rapid downward spiral in June. Posting its tenth consecutive monthly decline, U.S. consumer revolving credit dipped ... more

Instant Rewardification August, 12, 2009

priceline.com has launched a credit card offering instant rewards. When cardholders make a purchase, they collect rewards points and then, as soon as the points post to their account (typically within two days), redeem accumulated points to pay for items on ... more

Rewards Shift August, 11, 2009

During a recession... shift happens. New research shows membership in credit card rewards programs is decreasing significantly while debit card rewards programs are gaining popularity. more