5th

March, 2015

The Future of Contactless Payment Systems

Last year’s major reveals from innovative companies (like Apple and Google) introduced several products to the technological realm. Apple alone revealed four different products last year: two versions of the iPhone 6, Apple Pay and the Apple Watch. Apple Pay allows consumers to pay for purchases without having to swipe their credit cards, but simply wave their smartphones in front of the card readers for the payment to be processed. Near field communications (NFC) isn’t a new concept; it just took some time for a large company to come along and really push it as a necessary technology. Systems such…

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4th

March, 2015

Deadline Approaches for Comments on Safe Student Banking

The Safe Student Account Scorecard was proposed by the Consumer Financial Protection Bureau (CFPB) in an attempt to rate the performance of banks that market financial products to students. The goal behind the report card-style tool is to give colleges and universities insight into how those banks operate in terms of customer service and business transparency. The scorecard will track such things as the fees, interest rates, terms, and conditions offered to students on products like credit cards and prepaid plastic. The CFPB is also interested in monitoring relationships between banks that target students and the educational institutions that permit…

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3rd

March, 2015

Discover it Miles: Exciting travel rewards or cash back

What does it take to get credit card rewards enthusiasts excited? How about 3% returns on all purchases for one year! That's what Discover is offering with its new Discover it Miles Credit Card. What sets this card apart from other Discover it offers is that it doesn't have any rotating categories that earn you bonus rewards and it won't earn you bonus rewards for gas station purchases or for dining out. What this card does offer that the other Discover it cards don't offer is more rewards on all purchases and some great features for the frequent traveler. How the Discover Miles Card…

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27th

February, 2015

Credit Cards in the News: February 21-27, 2015

Credit card news pops up every week and it’s not always easy to keep track of each story, especially all the stories about credit card fraud. That’s why we provide you with a summary of the top stories on CompareWallet so you can read what matters the most and not have to worry about all the other stuff. Here are the highlights for February 21-27, 2015. American Express Raises Interest Rates On Wednesday, American Express announced their plans to raise the annual interest rates on consumer credit cards for the first time in five years. After losing their business agreements…

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27th

February, 2015

Save as You Serve: Military personnel enjoy exclusive, incredible discounts

Military (and America) Saves Week is about taking advantage of tips and ideas to save a few extra dollars every month. Not many people know that one of the most incredible ways to save is by serving. Members of the United States military, whether they are active duty service members or military retirees, can shop at stores called Military Exchanges. Spouses and dependents are welcome to shop there as well, just as long as they can present their military I.D. card. About Military Exchange Stores Military Exchange stores employ approximately 50,000 people located in 30 different countries, which makes it one…

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