credit card

Credit card balances increased $61 billion in the fourth quarter to $986 billion, surpassing the pre-pandemic high of $927 billion, according to a report released by the Federal Reserve Bank of New York’s Center for Microeconomic Data. The rise in credit card debt comes at a time when...

Cryptocurrency exchange Gemini has launched its crypto credit card in the U.S. The Gemini credit card will be available across all 50 states. The Gemini Credit Card supports more than 60 cryptocurrencies for rewards, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE...

U.S. credit card debt is once again on the rise, which means some spenders may unfortunately soon be faced with at least one maxed-out credit card. During the COVID-19 pandemic, U.S. credit card debt actually declined as Americans took advantage of reduced budgets, stimulus payments and...

American Express Company (NYSE: AXP) is a stock investors should own, Jim Cramer said Wednesday on CNBC's "Squawk On The Street." The technicals look great for American Express, Cramer said, adding that the stock is a "coiled spring." The company is doing...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Apple Inc.'s (NASDAQ: AAPL) foray into the financial services industry is off to a bumpy start, with Cupertino facing allegations of sexism in the review process for its new Apple Card.  Cramer: Credit Approved On The Individual Apple's Goldman Sachs Group Inc (NYSE: GS) card...

Deserve, a Silicon Valley startup providing credit cards to those excluded from traditional lending, raised $50 million in the latest funding, CNBC reported. What Happened The Series C funding round was led by Goldman Sachs Group Inc. (NYSE: GS). Other investors included SLM Corporation (NASDAQ:...

Visa Inc (NYSE: V) reported fiscal third-quarter results that came in better than expected while multiple underlying performance metrics accelerated. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts KeyBanc Capital Markets' Josh Beck maintains...

Apple Inc. (NASDAQ: AAPL)'s new venture into the world of credit cards could be successful simply due to the fact that the expectations for it are low, according to CNBC's Jim Cramer. 'Found Money' Apple's new credit card represents "found money" for the company, as it...

Apple Inc. (NASDAQ: AAPL) announced Monday it will launch its own branded credit card called Apple Card and this should be viewed as a positive for Green Dot Corporation (NYSE: GDOT), according to Guggenheim. The Analyst Guggenheim Partners' Jeff Cantwell maintains a Buy rating on Green Dot...

Apple Inc. (NASDAQ: AAPL) is reportedly teaming up with bank giant Goldman Sachs Group Inc (NYSE: GS) to launch an Apple-branded credit card in the coming months, according to The Wall Street Journal. What Happened Sources close to the matter told WSJ Apple's new credit card will be linked with...

Credit card company Mastercard Inc (NYSE: MA) is expected to report a "solid" fourth quarter on Jan. 31, but the company faces a "very challenging" 2019, according to Bank of America Merrill Lynch.  The Analyst Analyst Jason Kupferberg downgraded Mastercard ...

American Express Company (NYSE: AXP) reported Thursday a beat-and-raise third quarter earnings. Earnings of $1.88 per share beat estimates by 12 cents, while sales of $10.1 billion came in just ahead of estimates. Here's a summary of how some of the Street's top analysts reacted to the...

Payment processor stocks were under selling pressure throughout Tuesday's trading session amid a Bloomberg report that Amazon.com, Inc. (NASDAQ: AMZN) is offering retailers on its platform a discount if they use its online payments service. The Analysts Wedbush's Moshe Katri said in...

Shares of American Express Company (NYSE: AXP) have lost more than 6 percent since the start of 2018. and one Wall Street analyst said the multiple risks faced by the company are discounted in the stock. The Analyst Nomura Instinet's Bill Carcache upgraded American Express Co. ...