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Latest Daily Credit Card News at CardTrak.com

Elvis Lives September, 9, 2009

As the ELVIS anagram portends LIVES, the King's legacy continues with the release of an updated credit card. The new "Elvis Presley Visa" features a rare photo of Elvis at Graceland. more

Bankruptcy Pulse September, 8, 2009

The year-on-year growth in the number of U.S. consumer bankruptcy filings downshifted in August but represented the fifth highest month among the past 12 months. In August, filings rose at a 24% annual clip, compared to a 34% annual pace in the prior month. more

Bestest Cards September, 3, 2009

The results are in and the best credit cards for customer satisfaction are NOT Visa and MasterCard. The J.D. Power and Associates "2009 Credit Card Satisfaction Study" ranks American Express and Discover as first and second, respectively, in overall ... more

Credit Abyss September, 2, 2009

A new study shows more consumers are sinking into the deadbeat category of sub-prime and deep sub-prime credit scores. Meanwhile, the same study reveals that banks are being plagued by "strategic defaulters," or those borrowers who default on their mortgages ... more

School Package September, 1, 2009

With 84% of college undergraduates holding at least one credit card, card issuers are allowed to aggressively market to this demographic for only 5 more months before legislation puts on the brakes in February 2010. Students on campuses across the Country are ... more

Card Game August, 31, 2009

If you think the new credit card regulations mean the end of "fine print", then you better get some new eyeglasses. Under new credit card regulations that went into effect this month you now have to right to opt out of changes to your account, but what is not ... more

Card Fade August, 28, 2009

Since the start of the recession the number of Visa and MasterCard credit card accounts has dropped like a rock. Credit cards hit turbulent waters in the final three months of 2008 and have fallen out of favor as debit cards have taken over. more

Biz Multi Card August, 27, 2009

A new business card has emerged that enables businesses to use it as a prepaid card or as a secured credit card to build business credit. But watch out, the card has super high fees. more

Card Balances August, 26, 2009

Average credit card debt slipped a bit a mid-year, hovering at $5700. Alaska remains the state with the highest average credit card debt while Iowa remains the lowest. According to TransUnion average credit card debt declined to $5,719 as of June 30th, ... more

Walmart MoneyCenter August, 25, 2009

The nation's 800 pound retailing gorilla is slowly but surely muscling into more banking type services. Walmart is now enabling consumers to pay utility, landline phone, cable/satellite, credit card bills, auto and wireless phone at their local store on the ... more