credit card

Stories 1 - 20 |  Next >>

Teen Runs Up $7.6K Bill Playing Xbox

He's claiming ignorance over Dad's credit card bill

(Newser) - A Canadian kid is in deep poutine after charging more than $7,600 onto his father's credit card while playing a FIFA video game on his Xbox, the CBC reports. Lance Perkins says he was "floored" when he got the bill Dec. 23. Perkins' 17-year-old son told him... More »

There's a Man Who Has 1,497 Credit Cards

Walter Cavanagh holds world record for most valid credit cards

(Newser) - Walter Cavanagh of Santa Clara, Calif., holds the Guinness Book of World Records title of " Mr. Plastic Fantastic ," and Money revisited his story earlier this week. As it recounts, Cavanagh has 1,497 valid credit cards, adding up to $1.7 million in available credit. The wild stats... More »

How You Use Credit Cards Changes This Week

Retailers will be liable for fraud if they don't adopt chip system

(Newser) - Credit card purchases are about to get a little slower and a lot more secure. Consumers have been receiving new cards with fraud-prevention chips and on Thursday, a lot more retailers will be asking customers to put their card in a reader instead of swiping it, reports the Los Angeles ... More »

Why the President's Credit Card Got Declined

Seems he doesn't use it enough

(Newser) - Even the leader of the free world sometimes has his credit card declined. As Obama explained today while signing an executive order protecting consumers from identity theft, he was at a New York restaurant during the UN general assembly when "my credit card was rejected," he said. "... More »

Kmart Payment Data Breached in Latest Hack

Customer credit card information at risk: company

(Newser) - If you've shopped at a Kmart store in recent weeks, it may be time to check your credit card records: The company is the latest retailer to fall victim to hackers, it says. Hackers apparently got into Kmart's systems in early September; some credit and debit card numbers... More »

Guy Can't Pay Bill, Capital One Sends New Keyboard

MaskedKoala's number 2 key was ruined by orange juice

(Newser) - It’s a problem for the Internet era—the wonky keyboard key. For one Redditor and Capital One customer, his wonky key was the number 2 … which is part of his credit card account number. Also unable to copy and paste the required 2 in the account field online,... More »

Capital One: We Can Visit Cardholders at Home, Work

New contract has some pretty creepy language

(Newser) - Capital One's new update for credit card holders contains some language that sounds pretty alarming to David Lazarus at the Los Angeles Times : The firm says it "may contact you in any manner we choose"—including a "personal visit" that could be "at your home... More »

Things You Can't Buy With a Credit Card (Like Pot)

MarketWatch rounds up 10 examples where plastic is forbidden

(Newser) - Don't give up on cash just yet: There are plenty of items that remain difficult or impossible to get with your credit card, MarketWatch reports. Ten reasons you may want to keep going to the ATM:
  • Neither Visa, MasterCard, nor American Express will let you buy marijuana with plastic,
... More »

Pair Busted at Mexico Border May Be Tied to Target Hack

Mexican couple had 90-some bogus credit cards

(Newser) - When two people with some 90 fake credit cards were arrested trying to enter the US, authorities reported a link to the hack of Target stores —but the story has gotten more muddled. A South Texas police chief said the two Mexicans, Daniel Dominguez Guardiola and Mary Carmen Vaquera... More »

Fake Bank Scamming Victims Out of Hundreds

People deposit up to $900 for semi-secured credit cards they never receive

(Newser) - A new scam is bilking people looking to rebuild their credit rating out of hundreds of dollars by offering semi-secured credit cards then pocketing their deposits, TheStreet reports. The Treasury has sent a letter to US bank executives and federal and state regulators warning them of the scam, run by... More »

Man Tweaks Credit Card Offer; Bank Doesn't Notice

Russian customer amended a mail-in credit offer, sues bank for ducking terms

(Newser) - Why not amend a credit card offer and send back your version? That's what one man did in Russia, and it kinda worked out for him, the Telegraph reports. Dmitry Argarkov, 42, scanned an offer from Tinkoff Credit Systems and changed the terms to his liking: no credit limit... More »

Our Credit Card Debt Just Got Worse

Q3 wasn't such a stellar one for plastic-happy Americans

(Newser) - Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows. The average credit card debt per borrower in the US grew 4.9% in... More »

Patron Tries to Buy Beer With Bartender's Stolen Card

Surprised barkeep calls cops, gets arrest

(Newser) - A guy strolls into a bar and buys a beer with a credit card. He is then swiftly arrested. The guy, a 53-year-old homeless man in Miami Beach, purchased his brew from the exact wrong bartender ... because he happened to be using the bartender's stolen credit card, reports the... More »

Credit Cards Hit Clients With 'Robo-Signed' Lawsuits

Courts flooded with cases based on slim or falsified evidence

(Newser) - Looks like mortgage foreclosures aren't the only things banks "robo-signed." A glut of credit card lawsuits is revealing that card issuers have the same tendency to use shoddy, incomplete, or erroneous documents against clients, the New York Times reports. Companies like American Express, Citigroup, and Discover have... More »

Florida Man Denies Spending $50K at Strip Club

Lokesh James claims charges were fraudulent

(Newser) - Fifty thousand bucks—on strippers? No way, says an outraged Florida man. Lokesh James insists he spent only $600 on Michelob Ultras and a little fun in the Champagne Room at the local strip club. The rest of his staggering $50,000 credit-card bill? All fraudulent charges and forged signatures,... More »

FBI Snags 24 Suspected Credit Card Hackers

Feds lured them onto fake website in sting

(Newser) - Federal agents have been watching websites where hackers illegally distribute credit card data—and their work has paid off. Today, they arrested 11 people in the US and 13 overseas, reports Reuters . Under the two-year sting, agents set up a fake online forum of their own where people could trade... More »

Visa Dumps Processor After 1.5M Numbers Breached

Customer names, Social Security numbers reportedly safe

(Newser) - Visa has made credit card processor Global Payments persona non grata after some 1.5 million numbers were breached in a massive hack announced Friday , and the New York Times notes that the figure could be as high as 3 million. Global Payments has been removed from Visa's list... More »

'Massive' Data Breach May Have Hit MasterCard, Visa

10M cards may be affected

(Newser) - MasterCard is investigating a feared security breach linked to a credit-card processor in the US, it says; Visa has reportedly launched a similar investigation. While the companies are mum about the extent of the problem, financial insiders tell Krebs on Security it's "massive," potentially involving 10 million... More »

To Get New Credit Card: Pay Off Expired Debt?

Feds have fined debt collector for deceptive practices

(Newser) - Americans burdened with old debt and low credit ratings are getting an unlikely offer in the mail: a new credit card. But the fine print explains that accepting the card means reviving debts that had expired by law, the Wall Street Journal reports. For one New York deli owner, the... More »

Feds Test Simplified Credit Card Agreement

Short form in plain English could become industry standard

(Newser) - The government's consumer finance watchdog has created a credit card agreement that's five times shorter than usual and written in plain English. The Consumer Financial Protection Bureau is asking for the public's feedback on the prototype, which can be viewed here . The agreement is just over 1,... More »

Stories 1 - 20 |  Next >>

AROUND THE WEB