DebitCard

We all know that making late payments or having credit card accounts in collections can hurt your credit scores. But you might be shocked to learn that a lot of other seemingly innocent actions can also negatively impact your credit rating. Here's a list of five surprising things that can lower...

With tax season coming to an end in the next few weeks, taxpayers and the Treasury Department alike will be waiting to see the results of a pilot program for issuing refunds on prepaid debit cards. The program was rolled out to a limited pool of taxpayers this January. The program, which was...

There's a big change on college campuses this year. In the past, you would have seen tables outside the student union, featuring logos of banks and credit card companies, luring gullible freshmen with offers of free coupons and T-shirts in exchange for filling out a credit card application. No...

Visa topped Wall Street's earnings expectations, as the credit-card giant smartly shifted its focus to debit cards, which consumers are using more frequently for non-discretionary purchases such as gas or food. The company boosted its revenue outlook for 2011 to boot.

Some of us do it every day: We swipe our debit card then either sign our name or enter a PIN number -- and (voila!) the purchase is done. But little do consumers know that when they sign for a purchase they are costing retailers significantly more than if they enter their PIN -- a fact that could...

Even though the most recent consumer credit reports show credit card debt is declining, consumer's debit cards are getting quite a workout. Debit card transactions recently surpassed credit card transactions for the first time ever. Experts are forecasting debit card transactions to surge even...

Consider this case: a man miscalculates how much money is in his checking account, uses it seven times in a day with no single charge more than $12 and ends up charged with $234 in overdraft fees. Welcome to the dangers of debit cards.The plight of Peter Means, 59, of Colorado and how he came to be...

The status of using a credit card to pay for dinner, a movie, clothes or anything else you need or want immediately is a lot of fun to have -- until the bill arrives. And the joy of using a credit card, as almost everyone who has used one on a spending spree or a weekend out knows, can easily turn...

Reserve Solutions is marketing a new kind of debit card - one that lets you stop at the ATM and withdraw money from your 401(k). The withdrawals are treated as loans against your retirement account, and you must repay the funds to the plan with interest. Of course, it's being marketed as a...

Nancy Trejos, a personal finance columnist for the Washington Post had her identity stolen and her debit card and bank account compromised. She was lucky. Her bank called her while someone was trying to buy over $800 of merchandise with her debit card number.The writer found herself in an unusual...