Credit Cards News - bank of america Tag

White Powder Warns ‘You Are Not in Control’

The Occupy Wall Street Movement is alive and well in New York City on May Day. How well are its efforts meeting the goal, though?

01/05/2012 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Hawaii Sets the Pace for Bank Lawsuits

Hawaii says it’s had enough of banks’ deceptive practices. It sued seven of the nation’s biggest banks and credit card companies on Monday.

17/04/2012 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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How Long Can BoA Continue With These Practices?

Bank of America is finding itself in more controversy. This time, it’s focusing is less than ideal efforts at small businesses around the nation. It’s demanding payment in full for lines of credit some business owners have relied on to …

05/01/2012 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Verizon Must Have Missed BoA’s Massive Error

Apparently, Verizon missing the major Bank of America mistake in 2011 and instituted a $2 convenience fee for using debit and credit cards to make one-time payments via its website and phone system. It’s pulled the fee, but has the …

02/01/2012 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Credit Fee Woes Continue for Nation’s Big Banks

As the dust settles on the 2011 holiday season, the numbers are presenting a mixed bag. New regulations prevent some fees, so credit card companies and the nation’s biggest banks struggle to offset those losses.

29/12/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Troubling Times at Bank of America

Bank of America took billions in TARP funds without ever having to show its balance sheets, then the $5 debit card fees ignited the Occupy Wall Street movement and now the Justice Department orders it pay millions in fines for …

22/12/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Trouble Looms as S&P Downgrades Major Banks

Occupy Wall Street just received two big pieces of news that only strengthens what they’ve been saying for weeks: too much secrecy in the financial sector is leading to dangerous meltdowns. The S&P downgraded many of the world’s biggest banks’ …

30/11/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Higher Credit Card Risks During Holidays

Here are a few things to keep in mind as kick off the holiday season. Your checking account and debit card may not have as many protections in place as your credit cards if they’re lost or stolen.

23/11/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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What Happened to Bank Transfer Day?

Wondering if Bank Transfer Day met its mission? Hard numbers aren’t yet available, but in the days leading up to November 5, more than 650,000 Americans left their national chains in search of local credit unions and smaller banks.

08/11/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Who’s Suing?

MasterCard and Visa have asked a federal judge to toss out a lawsuit that hinges on merchants fees and who pays them. What many may not be aware of is this lawsuit has moved forward for more than five years. …

03/11/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Bank of America Makes its Next Move

Bank of America announced today that after giving it a bit more thought, its new $5 debit card fee has officially been abandoned. How much of a role did Occupy Wall Street and Bank Transfer Day play?

02/11/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Banks Back Off Debit Fees

Is it Occupy Wall Street or a bit of collective common sense that has the nation’s big banks backing off of increasing or adding debit fees?

31/10/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Late Credit Card Payments: New Trend?

Five of the six biggest credit card companies reported an increase in late payments. Is this a new trend or simply a fluke that will “balance out”?

20/10/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Does Bank Transfer Day Change Everything?

Occupy Wall Street was first and it was just a matter of time before a push for abandoning the big banks in lieu of local credit unions would begin. Bank Transfer Day is slated for November 5.

18/10/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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Damage Control? BoA, Citi Offer 0% APR Credit Cards

Even as CitiGroup and Bank of America are reeling from the bad publicity that followed announcements of new fees on their checking accounts, both of the banking heavy-hitters, along with the other two that define the top four banks …

12/10/2011 - Credit Card News by CreditCards-Offer.com / 0 Comments / Read More

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