Low Interest Credit Cards

Q: Is there an American Express student credit card?

A: First of all, thanks for your message and compliments about the site Molly. Whether someone is a college student, a retiree, or at any stage in-between… an American Express credit card is always considered to be the cream of the crop. In fact, this isn’t the first message I’ve received asking about American Express for students.

Unfortunately, the company has very strict lending practices, so not everyone qualifies. This is especially true if you’re younger and have limited or no credit history. An Amer

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Credit Cards UK: Compare & Save
Credit card advice on cheap credit cards, low interest cards and balance transfers.
www.creditcards.co.uk Friday, 12 Feb 2010, 9:55am

Researchers at Cambridge University have discovered that the chip and pin banking system is fundamentally flawed.

Balance transfer credit card holders have been warned that fraudsters have found a way to exploit major flaws in the chip and pin system using stolen cards.

Researchers at Cambridge University have claimed that the fraudsters are placing a “wedge” into the terminal to convince it into believing that the correct security numbers have been entered into the system.

In effect, this process enables crooks to withdraw money without actually knowing the pin number for an account.

The revelation raises major concerns about the chip and pin system because it renders balance transfer credit card holders vulnerable to fraud.

Professor Ross Anderson described the current credit card system as “fundamentally broken”.

He said: “We think this is one of the biggest flaws that we’ve uncovered – that has ever been uncovered – against payment systems and I’ve been in this business for 25 years.

“Customers are often told that their pin was used and so it’s their fault. Read more…

Thanks to the Credit CARD Act, visitors to national parks can carry licensed firearms beginning on February 22.

It is hard to believe that this unique provision was added to the revolutionary credit card bill passed by members of Congress last May. Most of the attention from the bill has been given to the restrictions on interest rate increases and over the limit fees. However, there are many other lesser-known regulations in the Act that could have far-reaching ramifications for consumers.

Here is a look at some of those other provisions that take effect on February 22:

* Young adults who are under 21 will have a harder time building up their credit history. If they do not have a job with enough income, they must get an adult to co-sign.

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Today is the opening of the 2010 Winter Olympics, which are taking place in beautiful Vancouver, British Columbia. The games last through Feb. 28 and feature 15 Olympic sports ranging from ice hockey to bobsledding to curling.

Most of the participating athletes have been anticipating this competition their entire lives. They spend countless hours training, often missing important events to pursue their sport. They eat with precision in order to fuel to their athletic bodies. They have determination and focus that most of us only wish we could find. And all of their efforts are for one thing: the coveted gold medal.

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