Credit Cards

Stay updated with insights on credit cards at PaymentsJournal. Explore trends, news, and expert analysis on credit card solutions, usage, and the latest industry updates.

Credit Cards

Why Store Credit Card Rates Are Staying So Stubbornly High

by Tom Nawrocki

November 22, 2024

The average interest rate for retail credit cards has reached a record high of 30.45%—well above the average rate for...

Payment Methods

The Hybrid Consumer: Embracing the Best of Both Digital and Physical

by Amanda Gourbault

November 18, 2024

It is a fact that our world continues to become an increasingly digital one, with many once ubiquitous physical objects...

Credit Cards

What Attracts Co-Branded Credit Card Applicants?

by PaymentsJournal

November 15, 2024

Co-branded credit cards have become a powerful tool in the financial and retail industries, offering a blend of targeted rewards,...

Credit

How Many Charge-Offs Are There for Small Credit Card Issuers?

by PaymentsJournal

November 4, 2024

Small credit card issuers are facing a significant challenge in today’s economic environment as charge-off rates rise across the industry....

Payment Cards

Top 5 Payment Card Types used by Customers

by PaymentsJournal

October 28, 2024

In an era where consumer expectations and environmental consciousness are reshaping industries, payment cards are also undergoing a transformation. With...

Credit Cards

Retail Credit Cards Offer Introductory Perks and Soaring APRs

by Wesley Grant

September 13, 2024

Retail credit cards are a common way for retailers to attract and retain customers, but the skyrocketing APRs on many...

Credit

Tough Economic Environment Is Causing Credit Challenges at Ally Financial

by Wesley Grant

September 11, 2024

Inflation, high interest rates, and rising unemployment have put considerable pressure on consumers, which has created challenges for Ally Financial....