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Proposal to limit late and overdraft fees: How to avoid them in the 1st place
The federal government has announced several initiatives to reduce late and overdraft fees. However, you can avoid these altogether — here's how. Read More
This Week In Credit Card News: Reward Programs Now Under Scrutiny By The Feds
But the lure of rewards programs can encourage people to apply for credit cards and use them to earn free airline tickets or hotel nights, and maybe not focus on fees and high interest rates. As ... Read More
What to know about the Biden administration's proposed rule to limit bank overdraft fees
The banking industry is expected to combat the agency’s proposal with a multi-million dollar lobbying campaign, according to the Associated Press. Overdraft fees ... a debit card and the bank pays for ... Read More
Bottom Line: Mastercard signs former House Financial Services Committee counsel
Banking Mastercard hired 9th Street Strategies to lobby on financial issues related to services, interchange and payments. A bipartisan, bicameral bill called the Credit Card Competition Act ... Read More
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