When it comes to credit cards, there are a number of fees that come with it. Not all credit cards come with annual fees, and you can avoid some of the interest fees by paying off the balance each month. But there are other fees that you might have to pay. Some of these fees [...]
McDonald’s Rolls Out Contactless Payment for Credit Cards
by Janet Hutchins on July 15, 2011 in News
One of the issues that comes with being at the forefront of technology is that few retailers are equipped for the use of digital wallets and the like. Consumers might be getting a little help, though, from McDonald’s. The popular fast-food chain is integrating contactless payment in its Canadian locations, proving that some retailers are [...]
Are You Ready for a Digital Wallet?
by Janet Hutchins on May 13, 2011 in Uncategorized
We live in a society that is becoming paperless. When was the last time you wrote a cheque? You can pay bills online, do your shopping online. You can even send payments to your friends and family digitally — no need for cash or cheques to change hands. Ever. And now Visa is introducing the [...]
Credit Card Lawsuit Alleges MasterCard and Visa Involved in Price Fixing
by Janet Hutchins on April 1, 2011 in News
A class action lawsuit has been filed in the BC Supreme Court: It alleges that MasterCard and Visa are engaging in price fixing and that forcing merchants to pay these fees — without being able to charge credit card users more for their use of premium credit cards — is illegal.
Difference Between MasterCard and Visa
by Janet Hutchins on January 5, 2011 in Credit Card Tips
Sometimes, it seems as though MasterCard and Visa are basically the same thing. Indeed, many of the retailers that accept one type of card accept another. However, even though the two companies often act in concert, the truth is that they are separate companies (they even went public at different times), and they are even [...]
Fed Debit Proposal Pounds Visa and MasterCard
by CCC Staff on December 16, 2010 in News
Every time you swipe your debit card to make a purchase, the merchant must pay a debit interchange fee. According to the Fed, the average interchange fee was 44 cents (US) in 2009. The Fed’s proposal, released Thursday, is to cap debit interchange fees at 12 cents, which represents a 70% haircut. The news from [...]
Chip Cards — Delays, Delays, Delays
by Janet Hutchins on October 12, 2010 in News
Anxious consumers will have to swipe their credit cards and debit cards a little longer, as both VISA and MasterCard have given retailers an extension to implement the “Chip and PIN” system that better protects against credit card fraud and identity theft. In 2008, debit card issuers in Canada began inserting smart chips in debit [...]
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Consumer Debt At All Time High
November 29, 2012
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When in Doubt, Use Your Credit Card
November 26, 2012
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Christmas Becomes A High-Tech Holiday
November 20, 2012
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Customized Rewards with the New American Express Choice Cards
November 15, 2012
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Credit Education – Start With the Basics
October 8, 2012
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Win a Free Sony Reader WiFi
February 21, 2012
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SonyCard Promo: Free Sony Reader WiFi
February 15, 2012
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Debit Cards Are No Replacement for Credit Cards
November 9, 2010
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Top 10 Credit Card Myths Dispelled [Infographic]
May 27, 2011
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The House That Credit Card Rewards Built [Infographic]
January 10, 2012
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Bryan Jaskolka: Such a timely article, with Financial Literacy Mon...
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sherry: I think its should be ok The statement about naked...
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Whitney: I like #4. Sticking to the plan is the whole poin...
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Rich@MoneyWisePastor.com: It's never been easier or cheaper to start your ow...
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Janet Hutchins: I think many consumers are understanding when they...
