Banks Rework Credit Cards With New Technologies

Ever wonder where they get all that money for these hight tech gadgets. They are stealing the working poor blind. Pretend to be in a financial fallout/meltdown with consequential catastrophic results, then beg for government bailouts because they seize on the opportunity of a weak administration. Then have the gall to raise interest rates to extortion like levels. Then post record profits for the year. Who is in control here?

Hang on to your ASSets. Wonder why the economy won't jump start? The Midleclass is in hock up to its ears Now the Banks hope to bleed it further to make p for their CDO losses. Only Obama stands before the big fleecing of the sheep by the GOP

What they are talking about is SCREWING the consumer that uses credit cards as they have in the past. Forget about how the consumer has been a loyal customer and uses the credit card and pays down the debt on same that is no longer the case.

For those of you using the "if you cant afford it then dont buy it" argument to tell everyone not to have credit cards, remember this... Although you can use your debit card as you would your credit card for most hotel and car rental reservations, it's not always the smartest or safest way to go... here's an interesting article that talks about it: http://education.cardhub.com/credit-card-required/ Not everyone who uses a credit card does so because they can't afford the item they are purchasing...and many credit cards have buyer's protection which is REALLY nice when the stores wont back up their merchandise.

How will men carry them in their wallets?

sounds like credit companys want to out fancy each other for no real reason but to say they have this or that over another. This will no doubt cause more cost to their cards and the scaner .There will be people ,for health handy caps that will be unable to use some of these . Seems this is leading to a pain in the rear in more ways than one. What wrong with a picture and finger print card ? Or something as simple to serve the same purpose ? The cost factor to them and the stores would be much less with less problems for every one.

Well...we need to take out CREDIT CARD completely out of the system....simple as that....credit cards is only for the Idiots...this system works just fine before credit stuff goes in the system...and now we have about $2,4 Trillion personal debts not included house market....and if credit stuff never go in this system we never have ''THAT'' Trillions in the personal debt...in the end don't change some of the laws how credit stuff is going to works, or fees, or limit,or this or that....just vote and take out completely out of the system and all personal financing problems are solved...AMEN...

I would appreciate more pictures to accompany this item. I have trouble visualizing what you are talking about. Cards with buttons? I cannot fathom something like that. Pictures - please!

For the person taking are of his mom an friend with cancer. Make sure your mom has a homestead on her home. Then contact a attorney or credit counselors. If she get social security they cant garnish s.s. and if shes in to much debt bankrupty might be your answer. With so much bad credit out there and people going under the car dealers are taking more people with bad credit. I think our econmy is hurting millions and if they dont take people with bad credit alot of companys will go under. I think we will see more and more companys with a sign in the window -No Credit check

These new cards will also have a tracting chip in them. The government will know what you buy and where you buy it. Also they will know where you are at. Best thing is to shread all of these cards and pay them off. I canceled the only one that I had when they decided to start charging a monthly fee for just having it. If I can't afford to pay cash then I won't get it.