The Swine flu, also known as the h1n1 virus, is the latest pandemic to hit the news. Now, my $.02 view on this (and I have zero medical history besides watching Grey’s Anatomy) is that the scare, for the US, is just that – a scare. The news has scared everyone into thinking that this [...]

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News came in today about changes to Bank of America credit card policies. Starting in June, cardholders who carry balances month over month and have rates below 10% are going to see those interest rates increase. From the article:
 A company spokeswoman declined to provide an exact number, saying the changes would affect less than 10% [...]

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Bank of America will take over the Upromise credit card next week and there will be changes to the rewards program. But in a shocking move that contradicts the recent trend of reducing rewards, the Upromise credit card will have increased rewards.
So what changes? Well, sorry to sensationalize this topic, but not too much. Previously [...]

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Two months in a row, credit cards have seen a rise in deliquency of payments. From CNN Money:
Fitch’s Prime Credit Card Delinquency Index measures credit card debt more than 60 days late through January, and it surged to a record 4.04% in the most recent month, trumping the 3.75% record set in the previous month.
During [...]

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American Express must have been influenced by the Cash4Gold commercial during the Super Bowl. AMEX announced that they are offering card holders $300 to pay off their balance and close their accounts. Cash is king these days, and they are offering a prepaid card (AMEX gift card) if users pay off their account balances between [...]

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