Consumers see way to limit spending; banks adjust fee tactics
(NEWSER) - Credit is no longer the king of cards, Business Week reports. As banks get stingy with credit and consumers look for ways to reel in their "charge it" ways, more and more are turning to debit cards—so many, in fact, that Visa projects debit spending could exceed credit this year. This year's 13% climb in debit purchases may seem like good news for banks, as debit cards users have no payments to default on, but they don't rack up interest, either. More»
