Posts Tagged ‘Cardholder’

Will Smart Cards Replace Credit Cards?

Tony Trafford asked: With all the improvements made to smart cards technology over the years, it is easy to imagine that they will soon replace credit cards. Smart cards are credit card sized, but are different because they contain a microprocessor inside the card. This microchip can be used to store and transmit sensitive and [...]

Can a credit card company increase your interest rate if you’ve never been late or went over the limit?

PicaSSo of Parta PlnN asked: Also, if you decided not to accept their new rate and cancelled the card should you be responsible for the Annual Fee, if it were charged 3 days prior to your cancellation? I know that I’ve heard alot about credit card companies doing this but not the larger ones. My [...]