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FortuneMiami-based Karta announced a $15 million Series A funding round and a $125 million debt facility. The company is developing a premium Visa card accessible primarily through WhatsApp for international clients holding assets in U.S. banks.
Usa TodayThe share of credit card balances at least 90 days past due hit 13% in the first quarter, matching levels last seen during the post-2008 recovery period.
Several Australian-issued credit cards continue to advertise large sign-up bonuses of Qantas and Velocity points. The offers remain available even as a nationwide ban on explicit card surcharges takes effect October 1.
A Reddit user described ongoing minimum payments on multiple credit cards and asked for advice on consolidation. Commenters outlined potential benefits and risks of consolidation methods.
BenzingaInvestor Kevin O'Leary outlined a system using one high-limit card for in-person purchases and one $2,500-limit card for online spending. He stated that poor balance control, not the cards themselves, leads to high interest costs.
japantimes.co.jpForbes contributor True Tamplin outlined five common credit card habits that can raise costs and affect credit scores for younger borrowers. The article explains how carrying balances, making minimum payments, and other practices can lead to higher interest charges.
thepointsguy.comA credit card charge-off marks a delinquent account but does not cancel the balance owed. The original creditor or a buyer may continue collection efforts, including lawsuits. Borrowers retain options such as settlement or bankruptcy to address the debt.
manilatimes.netFour years after nearly collapsing when its bank partner Column ended their relationship, Patrick Mrozowski's rebranded fintech Atlas has secured a $40 million Series C led by Elad Gil and Verified Capital. The invite-only $999-a-year steel charge card now serves 2,000 customers…
cnbc.comAmazon will hold its Prime Day sale in June for the first time since 2021 after evaluating timing annually and determining an earlier summer slot best fit customers this year. The company first announced the June 2026 window at the end of April, though exact dates remain undisclo…
FortuneStephen Squeri became CEO of American Express in 2018 after a 30-year career at the company. Under his leadership, the company has focused on premium credit cards for younger affluent consumers, leading to stock returns of 16.6% annually. This performance exceeds that of major pe…
thepointsguy.comChase has introduced a limited-time welcome offer for the Sapphire Reserve credit card, allowing new cardholders to earn 150,000 bonus points after spending $6,000 in the first three months. The card features an annual fee of $795 and provides various travel and dining benefits.…
under30ceo.comCapital One, the largest U.S. credit-card lender, disclosed a first-quarter profit for 2026 that fell short of Wall Street expectations. The company also increased reserves for soured loans during the period. This comes amid ongoing economic monitoring in the financial sector.
Substrate placeholder — needs reviewSeveral credit cards provide rewards and benefits tailored to golf enthusiasts, including cash back on equipment and access to events. Options include cards from Wells Fargo, Chase, American Express, Marriott Bonvoy, and Citi. These cards feature varying annual fees, welcome bonu…