Does My Credit Card Work with Apple Pay?

Apple Pay uses near field communication systems, or NFC, to process payments without actual physical contact between the user’s card and a payment terminal. Instead, the smartphone app allows consumers to store their credit card information on their mobile device and complete transactions by hovering or tapping their phone over…

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Consumers Must Read Fine Print

The Consumer Financial Protection Bureau (CFPB) sent out letters last year warning some credit card companies to be careful when marketing promotional credit card offers. The notification specifically addresses offers for low-interest or zero-interest balance transfers and convenience checks that can be used to take out a cash advance. Although…

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