The basic idea behind double-dipping is to link your credit card purchases to as many rewards programs as possible so you can stack your cash back or points earnings. That way, in addition to the ...

Handing your teenager a credit card can build financial muscle, but a single missed payment can tank their score for years.

The fight over swipe fees has reached Congress. The Credit Card Competition Act, a bipartisan bill spearheaded by Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., aims to boost competition ...

Credit card companies work hard every day to make sure that your private information is kept safe. However, this doesn't stop criminals from thinking more outside the box to get their hands on ...

Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

But technically, credit card swipe fees aren’t a tax paid to the government. Rather, the money is collected by the banks in concert with Visa and Mastercard, which control almost 80% of the U.S ...

New research from independent payments consulting firm CMSPI shows merchants will pay at least $18.6 billion in credit and debit card swipe fees this holiday season.

To put a number to it, retailers like our company collectively forked over $148 billion in credit card swipe fees last year. And that’s a roughly $12 billion increase compared to 2023.

Underlying the latter is the notion that credit and debit card companies are overcharging for swipe fees, and as such, government should step in to limit what they can charge.

When a customer pays a merchant using a credit card, the credit card company charges a “swipe fee.” The fee can range between 1.4% and 3.5% of the transaction’s cost, depending on the credit card ...

The fight over swipe fees has reached Congress. The Credit Card Competition Act, a bipartisan bill spearheaded by Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., aims to boost competition ...