debitcards
| 10:00PM 8/16/2011
A new report emerged Tuesday that Wells Fargo will begin charging some customers $3 every month to use their debit card -- further indication that banks are putting on the squeeze as new swipe-card regulations are set to take effect.
| 9:00AM 7/28/2011
CardHub.com recently put five of the most well-known prepaid card issuers under the microscope to see how useful their products are based on fees and features. Which offers the best deal? The answer might surprise you. But the real question is should you use a prepaid card at all.
| 8:00AM 7/13/2011
We got lots of reaction to our article about how changes in debit and credit card swipe fees may affect you. Swipe fees are the charges retailers pay when they allow you to use plastic. One question kept coming up: "Do I pay those fees when I use my debit card?" Regina Lewis explains.
| 9:30AM 7/05/2011
Banks received some long-awaited news last week: the Federal Reserve voted to cap fees charged to retailers on debit card transactions at roughly 24 cents per transaction, down from an average of 44 cents. Financial institutions had feared the Fed's initial proposal of a 12 cent cap would go...
| 9:30AM 7/03/2011
Banks received some long-awaited news last week: the Fed capped the fees they can charge to retailers on debit card transactions at roughly 24 cents per transaction, down from an average of 44 cents. It was better than they'd feared: The initial proposal was a 12 cent cap. But how will all those pennies add up for consumers?
| 3:27PM 6/29/2011
The Federal Reserve is set to limit the fees that banks charge retailers for swiping debit cards to 21 cents, a higher cap than initially proposed.
Banks succeeded in convincing the Fed that its initial proposal of 12 cents was too low after a six-month lobbying blitz. They currently charge an...
| 6:30AM 6/28/2011
The Federal Reserve is preparing to issue its final rule on debit card "swipe fees" Wednesday. If the expected cut to those fees arrives, banks are likely to respond by cutting interest rates on high-yield checking accounts and squeezing profits from other banking products. DailyFinance explains what it all means to you.
| 7:00AM 3/17/2011
Think before you swipe. Fees at some ATMs are hitting $5 as banks seek to re-coup lost revenue over debit cards and overdraft charges due to federal regulatory changes.
| 9:00AM 2/20/2011
Prepaid credit cards are marketed as a great tool for training teens about credit. But critics point to a long list of steep fees and penalties. That leaves parents to figure out if the credit lessons are worth the money. Here's what to consider before buying that card.
| 11:00AM 3/22/2010
Having a good credit score is important. We here at WalletPop have told you how to get or keep a good credit score, and how to fight back against reporting mistakes that can harm your score. But there's one particular type of quirk that could be hurting your score without your knowledge: cards...