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No More Swiping: New Credit Cards Designed To Reduce Theft
Thursday is the beginning of the end for magnetic-stripe credit cards. With the change, banks say stores will have to pay for fraudulent purchases. The shift may be hard for some small retailers.
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•
3:23
Premium credit card fees are rising. For whom are these cards a good deal?
NPR's Ayesha Rascoe talks to Brian Kelly, founder of credit card and travel website "The Points Guy", about the rising fees in the premium credit card space.
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•
5:25
Advocate: Credit Card Companies Target Kids
Host Jennifer Ludden looks at how the credit card industry markets to teenagers. Legally, banks may not issue credit cards to minors, but solicitations for cards often go out to kids under 18. It seems the card issuers are counting on parents to bail their kids out when they overcharge.
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•
0:00
Credit Card Companies Woo Teens with Plastic
Credit card companies are targeting children as young as 13 with products that allow them to pay with plastic instead of cash. Parents can monitor their children's spending habits, but there are potential pitfalls if users aren't careful.
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•
0:00
How They Get You: 'History of the Credit Card'
NPR's Jennifer Ludden talks with Frontline reporter Lowell Bergman about The Secret History of the Credit Card, a new documentary by PBS and The New York Times. The film traces the rise of America's credit card industry and raises concerns about some if its business practices.
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0:00
Tech Firms Chip Away At Credit Cards' Share Of Transactions
Companies including PayPal and Apple are competing to convince merchants and consumers to use their swipe-and-go mobile payment systems. Credit card breaches may speed up the use of digital wallets.
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•
3:49
Credit Card Companies May Not Target Minors
Congress has passed a bill that would enact sweeping new restrictions on the credit card industry. The bill does away with arbitrary rate hikes and bans issuing cards to minors.
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•
1:28
Strong Jobs Data Point To Pricier Credit Cards For Christmas
Economists are saying that October's surprisingly strong job growth will encourage the Federal Reserve to hike interest rates next month. So holiday shoppers may pay more for using credit cards.
Credit Card Companies Accused of Antitrust Breach
Mastercard and Visa collect billions of dollars in fees each year from the nation's retailers. Merchants have long complained about the way those fees are determined. A lawsuit accusing Mastercard and Visa of antitrust violations is expected to go to trial in Brooklyn soon.
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0:00
Credit Card Overhaul Bill Sent To Obama
Lawmakers on Capitol Hill have sent President Obama a bill that would rein in credit card fees and interest rates, while allowing gun owners to carry concealed weapons in national parks. The Senate passed the measure Tuesday. The House acted on Wednesday.
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4:06
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