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Latest Daily Credit Card News at CardTrak.com

Three Dirty Words October, 23, 2009

Ask any big banker how they perceive the "CARD Act," the "FAIR Act" and the "CFPA" and they will likely utter an expletive. Don't even mention the "Expedited CARD Act" as it could get physical. more

Gconomy Visa October, 22, 2009

Credit cards are getting "greener" each day and this week the card with most "green" to-date has entered the market. The new "Gconomy Visa" offers points for each purchase, donates a portion of every purchase to a "green" schools program, and rewards ... more

CARD Accelerated October, 21, 2009

Cardholders want it and want it NOW! While some legislators are trying to get the remaining "CARD Act" provisions implemented sooner, a new survey shows 56% of Americans want the laws moved up to December instead of February 2010. more

Christmas Cards October, 20, 2009

After being shelved for years due to high administrative costs, "Christmas Club" store cards are back. Sears, Kmart and the Stage Stores have launched new cards this season. With the Sears "Christmas Club" gift card, customers can deposit funds on the cards ... more

Home Giblets October, 19, 2009

About 30% of U.S. consumers plan to adjust this year’s travel plans for Thanksgiving. Nineteen percent of the general population who traveled last year will be staying home this year. more

Sorry Dude October, 16, 2009

A new survey finds since September 2008, there are 88 million fewer accounts and credit lines, which have been reduced by $751 billion while 4.36% of bankcard accounts are more than 60 days late, the worst seen in 5 years. New accounts opened were 54% lower ... more

Money Manager October, 15, 2009

In response to its research showing 43% of consumers prefer debit card payment methods, MasterCard Worldwide has launched its "Money Manager" interactive financial management tool. The new launch allows MasterCard cardholders to monitor debit card spending ... more

Latest Pulse October, 14, 2009

A monthly consumer tracking poll reveals consumer confidence gained ground in October for the fourth time in the wake of the Federal Reserve's Chairman assertion three weeks ago that the recession is over. But, the high unemployment numbers and weak consumer ... more

Aug Debt October, 13, 2009

Another sign that "Wall Street" and "Main Street" are not intersecting is that consumer credit is declining rapidly. Consumer revolving credit, mostly credit card debt, took another enormous dive as Americans cut more than $9 billion off in August, bringing ... more

Mother Lode October, 8, 2009

As competition ramps-up, American Express announced the launch of a new "Gold" charge card that offers the opportunity to earn triple "Membership Rewards" points on airfare purchases, double points on gas and grocery purchases, and one point for all other ... more