People turn to prepaid credit cards form different reasons. For example: they are unable to get a checking account or they are teaching their children to be responsible with money by limiting what they spend.
Entries Tagged as 'Visa'
Pre-Paid Credit Cards Not Covered by New Credit Card Legislation
July 1st, 2009 · 1 Comment · Banking, Credit Cards
Tags: consumer protections·Credit Card Accountability Responsibility And Disclosure Act·Debit Cards·Mastercard·prepaid credit cards·reloadable cards·Visa
American Express, Discover, Visa kills “Mythbusters” Segment on Hackable Credit Cards
September 4th, 2008 · No Comments · Credit Cards
I explained in an earlier post that many of the new credit cards contained an RFID chip which could potentially let credit card hackers still your information.
To summarize the previous article, credit card companies want to use RFID chips in their credit cards instead of magnetic stripes. The problem is that anyone with a [...]
Tags: american express·Credit Card Companies·Discover·Hackable Credit Cards·Kills Story·Mythbusters·RFID·Visa
A history of how each credit card type was created
March 26th, 2008 · No Comments · Credit Cards
I learned some interresting history the other day. Here’s the blame list for credit cards:
*Diner’s Club was the first charge card. It did not, originally, allow balance carry month-to-month.
*First Interstate Bank created MasterCard.
*Bank of America created Visa.
*Sears created Discover and it is still owned by Sears Holding Corp it’s shadow parent company in [...]
Tags: Diner's Club·Discover·History Credit Cards·Mastercard·Visa
