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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.

New Air France KLM Mastercard, 25k Sign Up Bonus

There is a new credit card in town. Air France KLM has teamed up with Bank of America to release their first ever credit card in North America. Although you can transfer Chase, Citi, Marriott and Amex points to Flying Blue (the joint loyalty program of these two airlines) this is the first and only credit card in the US  that earns their points directly.

Barclays Arrival Premier Closed to New Applicants

The Barclays Arrival Premier card was introduced in April this year and it was Barclays’ first credit card that had a system of transferable points – the the most desirable type of rewards system in the credit card world. With a transferable points system, points can be transferred to airline partners and normally can be redeemed for far greater value than points that have a set value (1c per point in the case of the Barclays Arrival+, which is still available). Transfer partners included Etihad, Eva Air and Qantas, plus several more.

Crash Course: Credit Cards VS Debit Cards in 2021 and 2022

Credit Cards VS Debit Cards, which is a better option for your spending habits? We answer that question in this crash course, looking at rewards, fraud protection, ATM use and the effect on your credit score. Plus a bonus on some credit and debit cards that you could use!