Category: Credit Card News
Navigating the complex world of credit cards? Our credit card news category has you covered. Get the latest updates on industry trends, new card offerings, rewards programs, interest rate changes, and more. Whether you’re looking to optimize your credit card strategy, evaluate the best options for your needs, or stay on top of the ever-evolving credit card landscape, this is your go-to destination for expert insights and analysis.
Credit Card News
CFPB Fines Apple and Goldman Sachs Combined $89.8 Million
by Kyle Burbank
The Consumer Financial Protection Bureau (CFPB) is taking action against both Apple and Goldman Sachs regarding failures related to the Apple Card. About the order: The CFPB has ordered Apple and Goldman Sachs to pay a combined $89.8 million due to customer service issues and other alleged missteps with the Apple Card. These fines include at least $19.8 million in redress and $45 million in civil money penalties for Goldman... Credit Card News
Navy Federal Credit Union Launches cashRewards Plus Card
by Kyle Burbank
Navy Federal is adding an enhanced rewards card to its line-up along with a special bonus. About the cashRewards Plus Card: Now, Navy Federal Credit Union customers can earn more cashback thanks to the introduction of the cashRewards Plus Card. This new option joins the existing cashRewards Card and earns 2% back on all purchases. Meanwhile, the cashRewards Card will continue to be available and earns 1.5% back. According to... Credit Card News
Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate
by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13... Credit Card News
Bank of America Unveils Third Annual “More Rewards Day”
by Kyle Burbank
Next month, for one day only, Bank of America credit card customers will once again be able to earn bonus rewards. About More Rewards Day: Bank of America is bringing back its More Rewards Day for 2024. This year's celebration will take place on Thursday, November 7th. As they have for the past two years of events, customers will be able to earn bonus cashback, points, or miles on all... Credit Card News
Amazon Increasing Credit Card Offers for Prime Big Deal Days
by Fioney Staff
With Amazon's next big sale event on the horizon, the online megaretailer is offering increased welcome bonuses for its rewards credit cards. About the offers and the Prime cards: Starting October 8th, Amazon will celebrate Prime Big Deal Days (not to be confused with Prime Day). As part of this promotion, the site has also revealed special limited-time offers for new Amazon credit card customers. From now until October 31st,... Credit Card News
American Express Green Card Removing LoungeBuddy Credit
by Kyle Burbank
It looks like American Express is preparing an update to its Green Card after dropping a benefit from the card's site. About the update the LoungeBuddy: As noticed by Doctor of Credit, American Express has updated the listing for its Green Card to remove one key perk. Previously, customers could get up to $100 in annual credits for LoungeBuddy. However, looking at the terms for the card, it now states... Credit Card News
Wells Fargo Adds Virgin Atlantic to Points Transfer Program
by Kyle Burbank
Wells Fargo has added another popular travel currency to its Point Transfer portal. About the new addition and Wells Fargo Point Transfer: Those with Wells Fargo credit cards can now transfer their Wells Fargo Rewards points to Virgin Atlantic Flying Club or Virgin Red. These transfers are completed at a rate of 1:1, meaning that one Wells Fargo Rewards point will be converted to 1 Virgin point. To get started,...