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Visa and Mastercard Settle $6.2 Billion Lawsuit

Credit Card networks Visa and Mastercard have settled a lawsuit that alleges the two companies violated antitrust laws by fixing prices, specifically the fee a merchant pays when a credit card is swiped. This alleged price fixing benefitted the banks that issue credit cards in partnership with Visa and Mastercard at the expense of merchants.

Senate Republicans Introduce the HEALS Act. Includes Another Round of Stimulus Checks

On Monday, Senate Majority Leader Mitch McConnell announced the Health, Economic Assistance,…

Amex Points Transfer to Three Airlines at 40% Extra Until November

American Express Membership Rewards is the award program of the Amex charge cards plus the series of Everyday credit cards. One of the most lucrative ways to use Amex points is to transfer to airline partners and American Express cards here in the US currently have 17 airlines to choose from. From time to time Amex gives generous bonuses as limited time offers.

New Chase Offers: Up to 5X Points on Groceries

With the current lockdowns and travel bans many credit card bonus categories…