Credit card services

FILE - In this Friday, May 7, 2021 file photo, University of Texas Rio Grande Valley graduates sit social distanced in the early morning sunrise during their commencement ceremony in Edinburg, Texas. U.S. consumer borrowing rose by $18.6 billion in April 2021, fueled by a big rise in auto and student loans that offset a drop in credit card use. (Delcia Lopez/The Monitor via AP)/The Monitor via AP)

Auto, student loans fuel April rise in US consumer borrowing

By Martin Crutsinger Jun. 07, 2021 04:21 PM EDT

A Visa sign is displayed on the front door of a local business, Tuesday, April 27, 2021, in Urbandale, Iowa. Visa Inc.'s fiscal second-quarter profits fell 2% from a year earlier, as the company dealt with a slowdown across its payment network due to the global pandemic. The payment processing giant said Tuesday, April 27, 2021 that it earned $3.03 billion in its second quarter ended March 31, or $1.38 a share, down from $3.08 billion in the same period a year ago. Due to Visa buying back its own stock, the company's earnings per share last year was also $1.38. (AP Photo/Charlie Neibergall)

Visa 2Q profits fall 2%, as economic slowdown hits payments

By Ken Sweet Apr. 27, 2021 04:50 PM EDT

FILE - This Aug. 11, 2019 file photo shows an American Express card in New Orleans. American Express saw its first quarter profits rise sharply, the company said Friday, April 23, 2021, but the company saw a significant drop in revenue as fewer customers used their credit cards and those with balances paid down debt. (AP Photo/Jenny Kane, File)

AmEx sees drop in revenue as pandemic slows travel, dining

By Ken Sweet Apr. 23, 2021 08:12 AM EDT

Millennial Money: How my travel credit card saved me $1,388

By Melissa Lambarena Of Nerdwallet Apr. 13, 2021 06:46 AM EDT

Startup cards can help build credit even in tough times

By Melissa Lambarena Of Nerdwallet Apr. 07, 2021 11:00 AM EDT
While major credit card issuers tightened lending standards and slashed credit limits amid COVID-19, some financial technology startups took a different tack. ...

FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)

Liz Weston: How to prioritize debt payments in the pandemic

By Liz Weston Of Nerdwallet Feb. 01, 2021 07:00 AM EST

FILE - This Aug. 11, 2019 file photo shows an American Express card in New Orleans. American Express Co. says its fourth-quarter net income fell 15% to $1.44 billion as the coronavirus pandemic continued to impact its bottom line. On a per-share basis, the New York-based company said Tuesday, Jan. 26, 2021, that it had net income of $1.76, down from $2.03 per share a year earlier. (AP Photo/Jenny Kane, File)

American Express 4Q profit fell 15% on virus impact

By Ken Sweet Jan. 26, 2021 07:28 AM EST

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. As you set your financial resolutions for 2021, make sure your credit cards align with your goals. Reviewing your card benefits may reveal opportunities to squeeze out more value. (AP Photo/Jenny Kane, File)

7 credit card perks to prioritize in 2021

By Melissa Lambarena Of Nerdwallet Jan. 12, 2021 06:59 AM EST

Server Amber Beecher, left, talks with a customer at Rodd's Restaurant, Thursday, Dec. 10, 2020, in Bristol, Conn. Small restaurant owners in Connecticut are taking out loans, forgoing their paychecks and charging on credit cards to remain in business as the coronavirus pandemic continues. But with winter putting an end to indoor dining and increased cases scaring off customers, some are uncertain what other financial tricks they can turn to. (AP Photo/Jessica Hill)

Restaurant owners consider loans, house sales to keep afloat

By Susan Haigh Dec. 13, 2020 08:18 AM EST

A long row of unsold 2020 Stelvio sports-utility vehicles sits at an Alfa Romeo dealership, Sunday, July 19, 2020, in Highlands Ranch, Colo. U.S. consumers took out more auto and student loans in October 2020, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in coronavirus cases. (AP Photo/David Zalubowski)

US credit card balances fall, though overall borrowing rises

By Christopher Rugaber Dec. 07, 2020 03:47 PM EST

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. The coronavirus pandemic hasn’t stopped Americans from keeping up with their credit card payments, thanks in large part to government relief programs passed by Congress earlier this year. For some, however, the ability to keep buying things with plastic and then pay the bill likely depends on whether current negotiations in Washington produce another round of economic aid. (AP Photo/Jenny Kane, File)

Americans can pay their credit card bills, but for how long?

By Ken Sweet Dec. 07, 2020 07:06 AM EST

Editorial Roundup: New York

By The Associated Press Dec. 02, 2020 11:06 PM EST
Recent editorials of statewide and national interest from New York’s newspapers: Visa Is Doing What Big American Companies Do to ‘Protect...

Feds hold woman for allegedly obtaining COVID-19 relief loan

Nov. 17, 2020 07:28 PM EST
CHICAGO (AP) — An Illinois woman facing incarceration for stealing millions of dollars through her boyfriend’s business credit card was in the custody of...

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. U.S. consumers increased their borrowing in September 2020, helped by the first gain in the category that covers credit cards in seven months. The Federal Reserve Reserve reported that total borrowing rose by $16.2 billion in September, rebounding after a drop of $6.9 billion in August. (AP Photo/Jenny Kane, File)

US consumer borrowing up $16.2 billion in September

By Martin Crutsinger Nov. 06, 2020 03:21 PM EST

Visa 4Q profits plunge as pandemic slows payments worldwide

By Ken Sweet Oct. 28, 2020 05:15 PM EDT

FILE - This Aug. 11, 2019 file photo shows an American Express card in New Orleans. American Express’ fourth-quarter profits dropped by 39%, the credit card giant said Friday, Oct. 23, 2020, as the pandemic’s deep impacts on travel, entertainment and dining dramatically impacted the company’s results. (AP Photo/Jenny Kane)

AmEx profits plunge as travel spending comes to a standstill

By Ken Sweet Oct. 23, 2020 12:36 PM EDT

A woman walks past a personal finance loan office Thursday, Oct. 1, 2020, in Franklin, Tenn. U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession. The Federal Reserve said Wednesday, Oct. 7, that total borrowing fell by $7.2 billion after a gain of $14.7 billion in July. (AP Photo/Mark Humphrey)

US consumer borrowing fell by $7.2 billion in August

By Martin Crutsinger Oct. 07, 2020 03:33 PM EDT

Federal Reserve extends ban on big bank dividends, buybacks

By Ken Sweet Sep. 30, 2020 05:54 PM EDT
NEW YORK (AP) — The Federal Reserve is extending until the end of the year its restrictions on large banks and financial services companies paying out...

Visa's profits shrink as virus stops consumers from spending

By Ken Sweet Jul. 28, 2020 05:10 PM EDT

People stand outside a Western Union in the Vedado neighborhood of Havana, Cuba, Friday, June 12, 2020. Fincimex is a Cuban state corporation that works with foreign credit-card and money-transfer businesses and handles remittances sent to Cuba through Western Union by families in Cuban-American communities around the U.S. (AP Photo/Ismael Francisco)

Trump policy change frightens Cubans, shows Washington chaos

By Michael Weissenstein And Matthew Lee Jun. 12, 2020 03:02 PM EDT