Credit Card Offers

Today’s top news headlines feature reasons men are becoming more stressed at home and in the workplace and the results of a new economic confidence poll. Plus, find out why it may soon cost more to hold an account at Bank of America.

Maintaining Home/Life Balance Difficult For Men Fortune Men are taking on a larger role in the home, making it more difficult to balance their work responsibilities, new data shows. A recent survey reveals 56 percent of men report frequently taking time out of work for child-related reasons, surpassing the 40 percent of women who gave the same response. A

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Most small business owners are excited about the near future, but can’t get the loans they need to grow, according to a new report published by Dr. Jon Paglia, finance professor at Pepperdine University.

Half of the 1,221 business owners surveyed tried to find a loan to help their companies grow in the last six months. Bank loans were the most popular type of credit because small business owners see bank financing as the cheapest option available, according to the report.

But more than half—54%—of companies were denied credit. Most of the denials came from banks.

The reason? There

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By Pinyo Bhulipongsanon of Moolanomy.com

It’s getting a little crazy out there in the land of banking. Major banks are making some major threats about raising fees and cutting rewards. Indeed, as the July 21 cap on interchange fees approaches, some banks are announcing measures designed to help them replace the revenue they expect to lose if their debit card “swipe fees” are capped at 12 cents. Businesses have been looking forward to the cut, since it is represents a more than 70% reduction in many of the interchange fees they have to pay. But b

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More than 360,000 Citibank customers had their private information hacked last month, nearly double the company’s original estimate, according to a press release issued by the bank on Wednesday.

The hackers accessed customers’ names, account numbers and email addresses. They did not get to see other information especially useful for committing fraud, including Social Security numbers, dates of birth, card security codes and expiration dates, according to the bank.

The attack affected Citi’s Account Online system, but not the company’s main transaction processing network. The com

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Credit card delinquencies for the nation’s top six lenders fell to their lowest rates since the recent credit crunch hit, according to a report from The Associated Press. This was particularly the case for American Express, typically the card issuer with the best delinquency rate, which saw late payments fall to just 1.6 percent. JPMorgan Chase saw payments that were 30 days or more behind fellto 2.66 percent, the lowest rate seen since 2006. Similarly, Discover’s 2.88 percent delinquency was the best rate it has seen in more than four years.

However, defaults fell as well, and once again American Express led the pack, the report said. The

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Credit Card Question: I applied for a credit card after I received a letter that said I was pre-approved. I got turned down for the card. How can that happen if I’m already approved for it?  —Jamie

Answer: Hi Jamie,

Credit card issuers use a lot of language on the envelopes that make you think getting the card is a slam dunk. You’ll see words like “Pre-approved” or even “You’ve Been Pre-selected!” in an attempt to make you feel extra special.

What this means is that you’ve been selected to receive an offer to apply for a credit card. Typically, this ha

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