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Credit cards

  • Saturday, 21 June, 2025
    Claer Barrett
    Credit card points seem increasingly, well, pointless

    Frequent flyers will go to incredible lengths to unlock perks as companies tighten the rules

    A BA lounge
  • Friday, 20 June, 2025
    UK credit card borrowing costs at a 19-year high

    Rise comes despite cut in base rates by Bank of England

    A pile of assorted credit cards
  • Monday, 28 April, 2025
    UnhedgedRobert Armstrong
    The US economy: suspended animation Premium content

    Plus consumer credit

  • Thursday, 6 March, 2025
    Financial services
    Visa and Mastercard face UK regulatory action over lack of competition

    Payments regulator says card duopoly’s sharp fee increases are costing businesses £170mn extra a year

    Visa and Mastercard credit cards piled together
  • Sunday, 19 January, 2025
    Markets InsightSheila Bair
    Credit scores are hazardous to your financial health

    Dominated by Fico ratings, scores serve the interests of the lenders, not consumers

    Someone using contactless payment on a mobile phone
  • Wednesday, 1 January, 2025
    Serious MoneyClaer Barrett
    Secrets of an airline points millionaire

    How far will you travel to collect Avios and EuroBonus points in 2025?

    An image appears to depict a stylized world map with interconnected points, a plane symbolizing travel, a calendar with marked dates, and a points tally (“Points: 102”) in the bottom corner
  • Sunday, 29 December, 2024
    US economy
    US credit card defaults jump to highest level since 2010

    Consumers are ‘tapped out’ after years of high inflation and as pandemic-era savings have evaporated

    A man holds a red credit card in one hand while using a laptop with the other.
  • Wednesday, 23 October, 2024
    US financial regulation
    Goldman and Apple fined $89mn over US credit card programme

    Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

    Jennifer Bailey, vice-president of Apple Pay, speaks about the Apple Card at the Steve Jobs Theater in 2019
  • Tuesday, 15 October, 2024
    LexMastercard Inc
    American love of credit cards will blunt instant payment appeal Premium content

    Visa and Mastercard can rest easy for now

    Close-up of Visa and Mastercard credit cards arranged in a stack
  • Thursday, 15 August, 2024
    US economy
    America’s torrid affair with credit cards

    Caveat creditor

  • Thursday, 1 August, 2024
    Worth it?Martyn James
    Are travellers’ credit cards worth it?

    The first of a new series where we test the benefits of clubs and products

  • Tuesday, 23 July, 2024
    Mobile payments
    Payments using digital wallets surge in Britain

    Better security and looser limits on spending fuel mobile transactions as cash continues its decline, report finds

    A woman with a smart phone using contactless payment
  • Tuesday, 23 July, 2024
    LexAmerican Express Co
    Gen Z can help Amex keep its premium billing Premium content

    Having a younger and more affluent user base means credit card group remains a relative haven

    A hand holding an American Express card
  • Tuesday, 16 July, 2024
    Property sector
    Eurozone household loan demand rises for first time in two years

    Falling house prices and lower borrowing costs drive increase in take-up for mortgages and consumer credit

    Newly built homes in Germany
  • Saturday, 11 May, 2024
    Personal Finance
    What I wish I’d known before my smartphone was snatched

    As phone theft surges, how can you protect your financial data?

  • Wednesday, 24 April, 2024
    Indian business & finance
    India’s central bank bans Kotak Mahindra from signing up digital customers

    The RBI is stepping up efforts to crack down on the consumer-finance sector

    A man walks past a Kotak Mahindra Bank branch in New Delhi
  • Friday, 5 April, 2024
    LexUS retail
    Why US department stores have most to fear as credit card debt sours Premium content

    Investors should take a hard look at the core retail business and reset their expectations accordingly

    A Macy’s store
  • Wednesday, 27 March, 2024
    Lex
    Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content

    Credit card holders accustomed to fancy perks are in for a rude awakening

    A woman pays with a credit card at a restaurant
  • Tuesday, 26 March, 2024
    Visa and Mastercard agree $30bn settlement over US transaction fees

    Sellers will be able to charge different prices to consumers based on the card they use

    Visa and Mastercard credit cards
  • Wednesday, 20 March, 2024
    News in-depthUS economy
    How credit card debt has become a burden for Americans — and Joe Biden

    Republicans say the issue shows how the president’s policies have triggered what they call a cost of living crisis

  • Thursday, 7 March, 2024
    JPMorgan Chase & Co
    JPMorgan pursued Discover deal before Capital One’s $35bn offer

    Talks show largest US lender’s appetite for a payments network to support its credit card business

    Montage of Jamie Dimon and Discover and Chase logos
  • Friday, 1 March, 2024
    UK consumer credit
    UK credit card complaints hit a record high

    Average annual percentage interest rate has risen to 34.7 per cent

    A pile of credit cards
  • Thursday, 22 February, 2024
    News in-depthMergers & Acquisitions
    Dawn of the credit card war? Capital One takes on Visa and Mastercard

    Bank’s Discover Financial takeover proposal faces an ‘aggressive sheriff’ in US antitrust regulators

    Capital One’s headquarters in McLean, Virginia
  • Tuesday, 20 February, 2024
    Capital One Financial Corp
    Capital One agrees to buy Discover Financial for $35bn

    Takeover set to unite two of the US’s largest credit card companies and reshape industry

    A woman walks past a branch of Capital One in New York
  • Saturday, 10 February, 2024
    Claer Barrett
    A dating app with credit scores: what’s not to love?

    Proving you can manage your finances has real pulling power

    A mobile phone showing a person’s credit score sits on a bed of love hearts. If you’re looking for long-term love, a high credit score could be a proxy for stability and reliability
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