If you have multiple credit cards in your wallet, you probably decide which one to use based on factors like each card’s interest rate, current balance, and rewards programs. Merchants want to make that choice easier by offering discounts or other incentives for using cards that cost the retailer less to process, but American Express forbids its merchants from offering such deals, but it will soon be up to the Supreme Court to decide whether or not that’s legal. [More]
Credit Card Fees
Wells Fargo Accused Of Overcharging Small Businesses
By 8.11.17
The scandals and accusations continue to mount for Wells Fargo. This time, the banking giant is being accused of overcharging small businesses to process credit card transactions. [More]
Legal Battle Between American Express & DOJ Could Change Credit Card Purchases As We Know Them
By 7.7.14
A four-year battle between American Express and the Justice Department comes to a head today in court, and the outcome could bring significant changes to the credit card industry. [More]
