credit cards

Saudi hackers claim access to credit card details of 400000 Israelis

Israelis have become the latest victim of data breach. A group of Saudi hackers posted credit card information of more than 400,000 Israelis online.

U.S. consumers turn to credit for basic necessities

Anybody with a little knowledge of how credit works would advise you to refrain from making day-to- day purchases from credit. The old wise men would suggest that one should take loans only if the amount is to be used for a capital asset or an asset whose value appreciates over time.

Money Pledges for 2011

Even small changes in your money behavior can help you attain a better financial position. The Money Times suggests some money resolutions, capable of changing your money status this year.

50000 hacked iTunes accounts up for sale in China

Beware iTunes customers, as the Apple's iTunes service has been attacked by hackers again, and one of the accounts hacked could be yours.

Understanding Credit Card Reward Programs

Typically, credit-card companies try to lure their customers by linking their credit-card purchases to certain attractions or benefits. These reward programs are therefore extremely desirable even from the customers’ point of view, provided a little vigilance and prudence is used while choosing them.

5 Tips to Avoid Going Overboard with Holiday Shopping

While shopping malls are preparing themselves to lure you to spend your precious mullah, get ready to safeguard your bank balance with some smart shopping tips for this holiday season.

Planning to Reduce Your Debt? Get Practical

If you are determined to reduce your debt and are serious about this, it pays to get practical. Look at your budget and figure out exactly how you can make the best use of your monthly income.

The Debit Card vs Credit Card

Although, there are many alternatives to cash like the credit and the debit cards, the common man is yet to understand the nitty-gritty involved in their usage.

Credit card users get protection

Respite for credit card users who, for some reason, make a late payment! Such users will not have to pay late payment charges at the whims and fancies of a particular bank.

Credit cards aim at building trust

New York -- Credit card companies are offering new cards aimed at regaining customer trust in advance of the U.S. credit card reform law, market analysts said.

"Some of what they're doing there is eliminating some of what caused the anger and resulted in limits on what they can do," Ed Mierzwinski, consumer program director for U.S. PIRG, told The Washington Post.

The credit card reform law, which restricts cards from raising certain rates, takes effect in February.

Anticipating the new law, Bank of America said it would launch Basic Visa in October, a card that offers one rate for purchases, balance transfers and cash withdrawals and just one flat rate for late charges, the Post reported Friday.

3 men charged with largest data theft in US

New Jersey, August 18:In what is being touted by the U.S. Justice Department as “the single largest hacking and identity theft case ever prosecuted” a former Secret Service informant Albert Gonzales and his two accomplices have been charged with allegedly stealing 130 million credit and debit card accounts from major retail chains.

Top 5 Credit Card Myths

Credit card issuers generally do not disclose much information about their product. There are many myths about credit cards in the market, and believing in one can cost you dearly. The best thing to do? Know these myths and get wiser.