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.