Credit Card

New Credit Card Gives Cash Back for Paying Your Bill

The BankAmericard Better Balance Rewards card, a new credit card from Bank of America, will pay you to repay them: It offers cash rewards of up to $120 a year to cardholders who pay off more than the minimum balance every month.

The Most Important Item in Your Credit Report

Most of your financial life is reflected on your credit report. But there's one specific aspect that carries more weight than any other when Equifax, Experian, and TransUnion calculate your credit score -- because it accounts for more than half of the updates the credit bureaus receive.

AmEx: Still America's Favorite Credit Card

American Express remains the most beloved credit card issuer in the country. For the sixth year in a row, the card issuer has taken first place for customer satisfaction, according to a survey of nearly 14,000 credit card customers conducted by J.D. Power and Associates.

Credit Card Rates Rise Again

Borrowers continue to pay record low rates, with one major exception: credit cards. Banks have been raising rates on credit card users of all stripes over the past year, but those with no credit histories or poor credit scores saw the biggest increases.

How I Went Bankrupt at 23

For as long as Amanda Chatel could remember, her dad had warned her about the dangers of credit cards. Then she got to college and began ignoring those warnings -- repeatedly.

Visa 1Q Profit Rises 16% as Card Use Rises

Visa said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas. The San Francisco-based payments processor posted a notable 10 percent increase in U.S. credit card use. But debit card use rose just 6 percent. That's the slowest debit card growth rate in more than a year, and comes during the first three-month period that new rules were in place to limit the fees retailers pay to accept the cards.

How This Credit Card Can Stop Overspending

Americans are expected to accumulate $54 billion in credit card debt in 2011, according to a recent study. So imagine a card that you can program to control your spending -- one that actually shuts off if you blow past your monthly budget at your favorite shoe store, or sends you an alert when you eat out more than you planned.

Are You Photoshopping Your Finances?

It's one thing to use Photoshop to make your waistline look slimmer in your snapshots. Many people also take a distorted view of their finances, fooling themselves about the health of their balance sheets. Here are some common self-deceptions.

How to Dig Yourself Out of Credit Card Debt

U.S. credit card debt shrank 5% in the second quarter from a year ago, approaching 10-year lows. It's not just due to banks, which have written off uncollectible debts. Consumers have been taking control of their finances, tightening their belts and working second jobs to pay off their credit card bills.

How to Avoid Credit Card Fees on Utility Bills

It's summer, a season of warm days and scary air-conditioning bills. Want to pay your bills with plastic so you can get reward points? Well, the credit-card fees utilities charge could change your mind. SmartCharge offers some customers a way to avoid those fees.

Embarrassing Money Issues Men Have

Embarrassing money issues can rear their ugly heads at any time, putting any of us in situations that can be downright cringe-worthy. But unlike...

New Online Tools Help Manage Your Money For Nothing

Too many of us rely on ballpark estimates to track our finances, but when it comes to money, there's no need to wing it: Several new online tools debuted at the Finovate Conference this week that can help take the guesswork out of figuring out how much you have, owe or are owed.

Square Gets Valued at $200 Million: Is It the Next PayPal?

Square makes it much easier for even the smallest retailers to accept credit cards: The mobile payment firm offers easy to use hardware that plugs right into iPhones or Androids. But at least part of its new high price tag probably derives from the fact that its founder, Jack Dorsey, also co-founded Twitter.