<-- !Begin Adoric Script -->

Credit Card News

Chief Justice Roberts Hit By Credit Card Fraud

1364930626684165.jpg

A warning that credit card fraud does not discriminate, even the Chief Justice of the United States, John Roberts, has been a victim of credit card fraud, a Supreme Court spokeswoman said on Thursday. Roberts’ credit card problem was first reported by the Washington Post in a story that said the chief justice was heard talking about it in a ... Read More »

Senator Seeks to Limit Credit Card Fees

1357229460091983.jpg

A New Brunswick senator has tabled a bill proposing new legislation to limit Canadian credit card fees. Liberal Senator Pierrette Ringuette, of Edmundston, says Visa and MasterCard charge Canadian merchants some of the highest fees in the world on credit card transactions. She has been pushing for changes for years and tabled Bill S-215 on Tuesday. Senator Pierrette Ringuette is expected to present her ... Read More »

RBC Axes Expiry Date on Pre-paid Cards

1357229772857491.jpg

Canada’s largest bank has dropped expiry dates and most of the fees on its pre-paid Visa cards. The move by RBC Royal Bank comes four weeks after Finance Minister Jim Flaherty announced plans to introduce new rules for prepaid cards. RBC says it will continue to charge a one-time flat fee of $3.95 to issue the prepaid card but all ... Read More »