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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.

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Chase Sapphire Banking 60k Bonus Now Available Online

Chase has just made the 60k sign up bonus for the Sapphire Banking account available online. The bonus has actually been available in branch since the beginning of october. Customers who either open a new account or upgrade an existing Chase account can get the bonus, but there are a few requirements, which we will talk about in this post.