Tag Archives: Discover

How to get a credit card late payment fee waived in 4 easy steps

Matt Schulz

It was all my fault, and I felt awful about it. Worse yet, I was stuck with it, unless I got a break.


I’m talking about a $25 late payment penalty fee on a department store credit card that I opened within the last few months. As so many people have, I signed up for the card at the checkout counter, largely for the discount, and didn’t really concern myself with the interest rate. But I would pay it all off in a big hurry, so I didn’t have much to worry about – or so I thought.


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Latest credit card perk: free museum admission on weekends

Matt Schulz

Bank of America cardholders, if you’re looking for a free way to get out of the summer heat Labor Day weekend, try your local museum.


The bank’s Museums on Us program provides Bank of America credit or debit card holders with one free general admission to 150 different museums, zoos, science centers and more around the country on the first full weekend of every month through the end of the year. Some people will find the program lacking — for example, 22 states have no museums participating — but it’s just another example of a perk given by a card issuer to lure new cardholders and keep current ones happy.


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The credit card fraud detection conundrum

Julie Sherrier

It’s a Catch-22. Visa and MasterCard policies state merchants are not required to demand identification as a condition of a credit card sale, but then consumers get mad that cashiers aren’t doing their due diligence when processing their plastic.
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Did credit cards fund — or foil — latest terror plot?

Jeremy Simon

You’ve almost certainly read news reports on the alleged terrorist plot that took shape around the anniversary of Sept. 11, including details suggesting a link between the attack’s funding and credit cards. But it also appears that aside from being aided by credit cards, the alleged terrorists may have also been undone by plastic.
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Lehman report signals lousier credit card offers

Jeremy Simon

Adding to the chorus of voices suggesting you should expect less generous credit card terms, Lehman Brothers issued a report this week that looked at American Express, Capital One and Discover.
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