Substantial Decline in College Credit Card Agreements
A report recently released by the Consumer Financial Protection Bureau showed the number of college credit card agreements between issuers and institutions of higher learning or alumni organizations...
View ArticleFlexControl Helps Cardholders Control Credit Card Payments
U.S. Bank recently launched a new program known as FlexControl, which allows cardholders to manage the type of payments they make on their credit cards. FlexControl lets consumers determine if they...
View ArticleCFPB Orders $6.5 Million in Refunds to Service Members for Auto Loans
The CFPB ordered U.S. Bank and its nonbank partner to pay nearly $6.5 million to members of the U.S. military who were misled about terms and fees of their auto loans. Service members who participated...
View ArticleSpecial Summer Perks from your Credit Card
If you are looking for things to do this summer, your credit card could give you free or discounted tickets to museums and theme parks, as well as some lucrative travel benefits. These perks can save...
View ArticleReconsideration–Another Chance at Getting a Credit Card
Reconsideration is an unpublished "secret" in the credit card industry. If your credit card application has been rejected, there is a number you can call to explain your side of the story to a real...
View ArticleLowCards.com Weekly Credit Card Update–September 13, 2013
Americans Cut Back Again on Credit Cards Americans cut back on using their credit cards in July for the second straight month, while taking on more debt to buy cars and attend school. Slow but steady...
View ArticleBig Banks Look to Credit Cards for Growth
As the number of people refinancing loans continues to decline, big banks like US Bank and Wells Fargo are relying on credit cards to bolster their profits. Wells Fargo already announced a push on...
View ArticleMobile Banking Likely to Cost Consumers
More Americans are turning to mobile banking because it is fast, convenient and free. You can manage your accounts directly from your smartphone, whether it be deposits or transfers. What would happen...
View ArticleU.S. Bank Creates Problem for Consumers with New Debit Cards
U.S. Bank has started sending out new debit cards to its customers as a result of recent data breaches at major retailers. They are certainly not the only bank to do this in order to combat possible...
View ArticleLowCards.com Weekly Credit Card Update–March 21, 2014
Consumers Not Powerless in Face of Credit Card Fraud Most card companies already have custom alerts and other features that not enough consumers use. Then there's something that all cards should have...
View ArticleU.S. Bank Tests ID Scanning App
U.S. Bank is developing a new mobile app to verify the identity of their credit card applicants. The app will allow applicants to take a photo of their drivers license with their phone to instantly...
View ArticleU.S. Bank to Refund $48 Million for Improper Credit Card Practices
Last week, the Consumer Financial Protection Bureau lowered the boom on U.S. Bank for improper credit card practices. The CFPB ordered the bank to refund $48 million to customers. The bank must also...
View ArticleLowCards.com Weekly Credit Card Update–October 3, 2014
Cyberattack Against JPMorgan Chase Affects 76 Million Households A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a...
View ArticleBest Bad Credit Cards With A Cosigner
When you have bad credit, it can be really hard to receive a new card. One option is to apply for a secured card, but these always require a costly security deposit. On the other hand, there are also...
View ArticleFidelity Drops American Express, Switches to Visa
Fidelity has ended its 12-year credit card partnership with American Express and Bank of America, and will now offer Visa-branded cards through U.S. Bank. The company said it made the switch because it...
View ArticleUS Bank Launches Sweepstakes for Downloading Mobile App
Now through January 31, 2016, US Bank is running a “Happy New You” Sweepstakes for customers who download the company’s Your Community app. With more than 100 prizes available valued up to $10,000, US...
View ArticleU.S. Bank Offers Business Owners Access to MasterCard's Business Network
Late last week, U.S. Bank announced it would be the first bank in the county to give its small business customers access to MasterCard’s Business Network. The Network is a customized, consolidated...
View ArticleBank of America Now Offers Real Time Person-to-Person Payments
Bank of America has begun processing real-time person-to-person (P2P) transactions using the Early Warning clearXchange network. U.S. Bank went live with this program earlier this year. Using...
View ArticleAwards Announced for Mobile Product Innovations
Barlow Research presented U.S Bank, Wells Fargo, BCSG and Xero with Monarch Awards for their innovative mobile products and features. The companies won in the following categories: Most Innovative...
View ArticleU.S. Bank Offers Mobile Banking Customers Touch ID
U.S. Bank customers now have access to Touch ID on their iPhones, which will allow them to access their bank accounts quickly and conveniently using their fingerprint. “We have been looking at ways to...
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