I came across a great article on South Florida’s Sun-Sentinel about how cities are spending enormous amounts of money on credit cards in order to receive cash back rebates from the credit card companies.
Here are a couple of excerpts from the article explaining how much these cities expect to get back in savings:
Broward County expects […]
According to a letter to the editor I read this morning from Times Union, it stated the current conditions of the salvation army bell ringers and how little they are receiving in donations compared to a couple of years ago. It seems the salvation army believes it is because we are moving into a more cashless […]
Holiday debt, the gift that keeps on taking.
According to a survey done by Consumer Reports, this year among those using credit cards to pay for holiday gifts, the average bill will be $626, though 17 percent of shoppers plan on racking up $1,000 or more in holiday charges.
Some 59 percent say they will retire holiday […]
As long as one can remember, employers have paid their employees in two ways: either with cash or with paychecks. Until recently when employer’s started offering direct deposit.
Emloyer’s now are also adopting a new way to pay, using payroll cards. Instead of issuing a check or cash, the employer deposits a worker’s earnings into an account […]
As reported by MSN Money, Morgan Stanley has decided to spin off it’s credit card business.
The world’s second-largest investment house is shedding its credit card business.
While reporting strong fourth-quarter profits today, Morgan Stanley also announced that it is spinning off Discover card operations.
The Wall Street powerhouse has been under pressure from shareholders to unload Discover, […]
When searching for the best rewards credit cards you should be aware to follow the follwing steps. They will save you money in the long run.
See how much you spend. Review your credit card statements for the past few months to see what you’re spending in categories such as entertainment, travel, groceries, etc. If you […]
A three to six month pilot of “Near Field Communication”-enabled mobile phones with “PayPass” is getting underway in New York City.
Pre-selected Citi MasterCard cardholders with Cingular Wireless accounts are participating in the trial and will receive Nokia NFC-enabled mobile phones with MasterCard PayPass payment functionality. MasterCard PayPass is a “contactless” payment program that provides consumers […]