Banking & Credit Cards
How banks, credit cards, and payment systems work. Covers products, rates, fees, regulations, and what consumers need to know to navigate the banking system.
Latest in Banking & Credit Cards
A 70-year-old North Braddock man who served as a Social Security representative payee is charged with diverting another person’s benefits for six years
A 70-year-old North Braddock, Pennsylvania, man who served as a Social Security representative payee is charged with diverting another person’s benefits for six years. Federal...
Roseland Community Hospital’s $650,000 data breach settlement takes claims through December 31
Patients of Roseland Community Hospital whose personal information may have been exposed in a June 2024 data incident have until December 31 to file for...
People who were notified that their Social Security and financial account numbers may have been exposed in the Finastra breach can claim up to $2,500 for losses from a $3.125 million fund by November 27
A $3.125 million settlement over an October 2024 cyberattack on Finastra Technology is open for claims until November 27. It covers people whom Finastra notified...
Hughes Federal Credit Union borrowers whose cars were repossessed share $7 million automatically, with about $25.6 million in deficiencies resolved; opt-outs close November 20
Arizona borrowers whose cars Hughes Federal Credit Union repossessed between 2019 and 2023 are in line for automatic checks from a $7 million settlement, and...
Globe Life and American Income Life data breach claims close Monday, October 19, in a $3.4 million settlement
Claims in the $3.4 million Globe Life and American Income Life data breach settlement close Monday, October 19, 2026. Anyone who was sent a notice...
The $309.5 million Amazon return-refund settlement closes to claims December 1, and some customers who returned items will be paid automatically without filing once the court grants final approval
Amazon customers who need to file in a $309.5 million class action settlement over returns have until December 1, 2026, just over six weeks away....
The FTC is sending 65,022 checks worth more than $9.8 million to people scammed through Walmart money transfers from 2015 to 2024, and each must be cashed within 90 days
The Federal Trade Commission is sending 65,022 checks worth more than $9.8 million to people who lost money to scammers through Walmart money transfers. The...
The FTC says eligible Amazon Prime members are getting automatic refunds of up to $200 through April 2027, and each payment expires 60 days after it is issued
The Federal Trade Commission says eligible Amazon Prime members are getting automatic refunds of up to $200 each, with payments continuing through April 2027. Every...
Innovative Renal Care’s $900,000 data breach settlement offers an estimated $100 cash payment, with claims due December 21
A $900,000 fund is waiting on claims from people caught in a 2024 data breach at Innovative Renal Care, a kidney-care company based in Franklin,...
Georgia Power says hackers got into its customer portal and exposed names and the last four digits of Social Security numbers, and it is offering free Equifax monitoring
About 300,000 of Georgia Power’s 2.8 million customers had personal details exposed after hackers got into the utility’s online customer portal, the company said October...
Fannie Mae says a tenant’s statutory first-refusal right won’t make a loan ineligible
A tenant’s right of first refusal does not make a mortgage ineligible for sale to Fannie Mae when the right comes from a statute or...
Chase’s IHG Premier card now carries a $150 annual fee for new applicants, existing cardholders pay it at their 2027 renewal, and welcome offers end November 18
Chase’s IHG One Rewards Premier credit card now carries a $150 annual fee for new applicants, up from $99, and existing cardholders will pay the...
The FTC sued Digital Forensics Corp. and CEO Dmitry Belkin, alleging the firm charged sextortion victims $1,499 to $20,000 each and took in at least $60 million
The Federal Trade Commission says a company that promised to stop sextortion threats took at least $60 million from people already in crisis. The agency...
The CFPB says it will investigate nine big banks, including Chase, Bank of America and Wells Fargo, over debanking the OCC uncovered, under President Trump’s fair-banking order
The Consumer Financial Protection Bureau said on October 14 that it will investigate whether the nine largest national banks broke federal consumer-finance law in how...
Florida’s Gulf Winds Credit Union agrees to buy Alabama’s Peoples Exchange Bank, its second bank deal in a month
Gulf Winds Credit Union of Pensacola, Florida, has agreed to buy Peoples Exchange Bank, a one-branch lender in Monroeville, Alabama, with about $98.6 million in...
FDIC orders Old Glory Bank to restore its capital after a 2.69% leverage ratio, with deposits still insured
The Federal Deposit Insurance Corporation has ordered Old Glory Bank of Elmore City, Oklahoma, to rebuild its capital after the bank reported a leverage ratio...
A bank stopped $158,000 in checks in a romance scam on a 77-year-old; a Georgia man got 33 months and owes $196,500
A 77-year-old woman in western New York was told to mail two checks totaling $158,000 to pay a fine in a romance scam, and her...
Utah prosecutors say a Taylorsville market gave a $315 check for $374 in SNAP charges; its co-owner faces a second-degree felony
A personal check for $315 sits at the center of a felony case against the co-owner of a Taylorsville grocery. Prosecutors say an informant ran...
FTC sent 9,419 refund checks to Trend Deploy PPE buyers that must be cashed within 90 days
The Federal Trade Commission has mailed 9,419 refund checks to people who bought masks and other protective equipment from Trend Deploy during the pandemic, and...
The consumer bureau backed a national financial literacy strategy on October 2 that names scams and fraud education one of four federal priorities
On October 2 the Consumer Financial Protection Bureau announced its support for the 2026 update of the National Strategy for Financial Literacy, a federal plan...