Trend Continues as Australian Credit Card Balance & Usage Literally Down Under Again
The amount Australians owe declined 2.1% year-on-year (YOY) in January, compared to a YOY decline of 1.9% YOY in December, according to data on …
Credit cards
BMO CashBack Mastercard Makes CardTrak’s Nifty 9 Cards for Canadians
The BMO CashBack Mastercard is one of the most popular general purpose Canadian credit cards, based on new cards issued and is highly rated …
Average Credit Card Rates Poised to Set to Hit Stratosphere if Feds Crank Interest Rates Up
Average credit card rates currently charged by issuers of Visa, Mastercard, Discover, and American Express are now at the highest level since 2001 and …
Scotia Bank Visa Card – Among Most Popular Credit Cards in Canada
The Scotia Momentum No Fee Visa is one of the most popular credit cards in Canada, based on cards-in-force. Scotiabank is currently offering a …
Canadian Cardholders Use Credit Cards Judiciously as Most Clear Balances Monthly
Canadian cardholders have slacked off in credit card usage this year as consumer confidence declines after hitting an all-time high in November 2018. However, …
Stiffing Credit Card Issuers Up a Pinch in Wake of a Peppy U.S. Economy
The number of Americans stiffing credit card Issuers has been slowly growing but confounds economists. While the number of consumers more than 30 days …
President’s Club Perks: Credit Cards, Rare Ale, Stadium Seats, Gun Range, Barber Shop
Feeling “Presidential” Today? Strap on your seat belt, open your wallet and enjoy the President’s Club Perks. By the way, former President Obama’s favorite …
Credit Card Account Rejection and Cancellation Rates Creeping Up
Credit card account rejection and cancellation rates rose slowly last year and will likely continue throughout out 2019. There is a growing consensus an …
Average Credit Scores Top 700 as Prime Status Remains Elusive to Most Americans
Average credit scores for consumers in the U.S. continue to hover around 700. Over the past ten years, consumer FICO credit scores have increased …
Nuisance Credit Card Fees Decline as Merchant Fees More Than Offset the Gap
Americans shelled out less in nuisance credit card fees, such as late payment fees and high-fee credit card cash advances in 2018, due a …
