UK retail bank Metro Bank PLC announced Wednesday, Oct 2, its chairman and co-founder Vernon Hill is set to exit from the company by the end of the year. The revelation follows “days after the bank was forced to...
Bank of America Merrill Lynch (BAML) conducted a survey with European financial managers that showed fear regarding a potential global recession. Around 20% of the participants said that the risk of weakened economic performance across the globe is a...
Residents of New Mexico takes an average of 17 months to pay off credit card balances, according to new data from CreditCards.com.
Consumers in the state carry an average of $8,356 credit card debt. Compared to other states in the...
Sallie Mae, an industry student loan lending giant, recently launched a trio of credit cards. According to sources, the company aims to cater to millennials, specifically college students, fresh graduates, and young professionals.
The lending giant’s trio of credit cards...
TD Bank is offering its cardholders up to 25,000 TD Rewards Points with the TD Platinum Travel Visa* Card. From there, the welcome bonus of 15,000 TD Rewards Points will be given after users make their first purchase. On...
US Bank has entered into a co-branding deal with BMW Financial Services NA, LLC to issue credit cards. Part of the agreement is the lender's acquisition of the existing credit card portfolio from BMW Bank of North America for...
The debt ceiling as recently put in action last Saturday. As the United States federal government hits an all-time high with its national spending, Congress must author a new bill to help raise the debt ceiling once more. As...
Indian low-cost airline IndiGo announced Thursday, Feb 27, the launch of its latest co-branded credit card in collaboration with HDFC Bank and MasterCard.
The new product, named Ka-Ching, will work similarly to a loyalty programme and will come in two...
DBS and OCBC customers who do not have credit cards will be able to send money, receive funds, and pay merchants via Google Pay starting early next year. This follows the integration of Google Pay with the funds transfer...
Most credit cards charge a considerable penalty for using it outside the country it was issued. Given this setup, most cardholders refrain from using these cards abroad, which contradicts the use of credit card for purchases ‘anywhere in the...
