PayPal Users Will Now Be Able To Buy Stuff In 7 Million Stores After Deal With Discover

PayPal Users Will Now Be Able To Buy Stuff In 7 Million Stores After Deal With Discover

Soon, anywhere you see a Discover logo, you’ll be able to use your PayPal account to buy everything from coffee to clothing in 7 million retail locations across the country. PayPal has been all about expanding its offline presence, and this next step is a pretty big push in that direction. [More]

Woman Tries To Report Credit Card Fraud, Almost Gets Arrested

Woman Tries To Report Credit Card Fraud, Almost Gets Arrested

Imagine how fun it must be to have your credit card stolen and then be accused of being a thief yourself. Oh, you’re right, that doesn’t sound very fun at all. A woman in Salt Lake City tells the story of a woman who had to go to great lengths, first to prove fraud, and then to defend herself against it. [More]

Discover Accidentally Steals From Foundation To Pay My Credit Card

Discover Accidentally Steals From Foundation To Pay My Credit Card

Phil (no, not the one who works here) had to make a payment to an art foundation, and learned that he could use his Discover card to do so. Neat! So he put the payment through, and all was well…until he learned that somehow the transaction went through backwards, transferring the money from the foundation’s bank account to pay his Discover bill. Oops. This seems like it would be easy enough to reverse, but Discover won’t do anything unless the foundation calls them up and nicely asks for their money back. [More]

Discover's Purchase Protection Doesn't Extend To Purchases With Cash-Back Rewards

One of the benefits of using a credit card for all of your purchases (and paying it off every moth, naturally) is the extension and sometimes expansion of a product’s original warranty. That’s what Cindy does, making purchases with her Discover card for protection and cash back. What she learned not long ago is that you can have the warranty extension, or use the balance in your cash back account, but you can’t do both. [More]

Transcripts Of Discover Card Allegedly Tricking Customers

Transcripts Of Discover Card Allegedly Tricking Customers

The Minnesota AG is suing Discover Card for allegedly duping customers into thinking they were just getting a courtesy call about their card but then actually signing them for a payment protection plan. The AG gave copies of the audio files of the customer calls to the New York Times. Here is a salient selection of one of the transcripts. [More]

How A Forgotten Blockbuster Video Caused A 2 1/2 Year Battle With Discover Card And Collection Agencies

How A Forgotten Blockbuster Video Caused A 2 1/2 Year Battle With Discover Card And Collection Agencies

“Universal Default” is when your credit card company adjusts the terms of your loan because you “defaulted” with another company. In reader P.’s case the “default” was a Blockbuster video that his friend forgot to return. Discover Card took this opportunity to double P.’s interest rate. When he tried to fight it by closing his account, it launched him into a 2 1/2 year legal battle with Discover, a collection agency, and now the credit bureaus.

Discover Card And The Tale Of The $502.55 Tank Of Gas

Discover Card And The Tale Of The $502.55 Tank Of Gas

If a gas pump ever accidentally charges you $502.55 for 17 gallons of gas, you’d expect to be able to quickly and easily challenge that charge with your credit card. Unfortunately for James Maddux of Collinsville, OK, it wasn’t that simple.

It Pays To Discover…. That Your APR Stinks

It Pays To Discover…. That Your APR Stinks

In this latest edition of Executive Customer Service cures all that ails you, reader Jeremy was able to keep his Discover Card APR from rising by escalating to the top of the customer service ziggurat. However, he doesn’t realize that he shouldn’t be so happy about keeping an 18.24% APR. We let him in on the secret…

Two-Cycle Billing And Why It’s Evil

Two-Cycle Billing And Why It’s Evil

AllFinancialMatters lays down the math on why two-cycle billing sucks.