Gift Cards Will Be Hugely Popular This Christmas

A recent survey just revealed that more than half of adults prefer to get gift cards as opposed to any other form of holiday gift. It is estimated that holiday shoppers will buy approximately $25 billion worth of gift cards this holiday season. The National Retail Federation completed their survey in which they found 55.2% [...]

Great Deals On Gift Cards

I came across this information in the Chicago Sun Times and I just had to share with our readers. This information comes from Sandra Guy, a Sun-Times financial reporter. Gift cards have become a very popular choice amongst gift-givers and why not… they are incredibly convenient and they allow the recipient to use them to [...]

The Hidden Costs of Gift Cards

Gift cards are a great way to show your appreciation to someone. Next to cash, there is nothing that is quite as convenient.  And with the holidays fast approaching, you can be sure that they will be distributed by millions. But there are some caveats to using gift cards that most people don’t realize. While [...]

American Express Paying Cardholders To Leave

American Express has just announced that it will pay cardholders $300 – to get lost. That’s right, Amex is actually paying some of their customers to take their business elsewhere. As we wrote in our last update, all credit card companies are now dealing with a huge number of defaults, coupled along with a substantial [...]

Beware Of Phony Credit Card Scam

The bad guys have found yet another way to steal using credit cards as their tool of choice, but in this case they are not credit cards but gift cards. Scammers and thieves are using Visa gift cards and passing them off as Visa credit cards. It is a rather simplistic, but dare I say [...]

Prepaid And Secured Credit Cards See Growth

Many financial experts predict that prepaid and secured credit cards will become increasingly popular with consumers as the recession drags on. With traditional credit cards being harder and harder to get, many Americans may now find themselves turning to these instruments to make their financial transactions. There are some distinctions in the way that prepaid [...]