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Cash no longer king in Italy as COVID helps government push for plastic

Reuters
Posted at Oct 08 02:24 PM

Italy's love affair with cash is fading. The coronavirus is turning Italians off notes and coins and the government is launching a raft of incentives to accelerate the trend, believing plastic payment can curb rampant tax evasion. Read more »

What should I do If I maxed out my credit card?

Moneymax.ph
Posted at Oct 07 08:04 PM

Don’t let your debt snowball into an amount you’ll soon regret.  Read more »

Pros and Cons of Credit Card Installment Plans

Moneymax.ph
Updated as of Sep 28 04:35 PM

Are credit card installment plans really that useful? Or are there disadvantages you should probably know about?  Read more »

Credit card interest rate cap to bring 'unintended' impact to consumers: group

ABS-CBN News
Posted at Sep 28 01:35 PM

The cap on credit card interest rate to 2 percent per month also has an "unintended" consequences for card holders in the long run as banks are likely to cut some costs to offset foregone revenue, the Credit Card Association of the Philippines said Monday.  Read more »

BSP interest cap to bring immediate savings to credit card holders

Aneth Ng-Lim
Posted at Sep 28 08:37 AM

Some 9 million consumers can look forward to a kinder November for their wallet, thanks to the welcome move of the Bangko Sentral ng Pilipinas (BSP) to cap credit card interest rates. Read more »

Credit card interest rate cap 'eases burden' of Filipinos hit by pandemic: BAP

ABS-CBN News
Posted at Sep 25 11:53 AM

The cap on credit card interest rate will help reduce the burden of Filipinos reeling from the impact of the COVID-19 pandemic, the Bankers Association of the Philippines said Friday.    Read more »

Bangko Sentral caps credit card interest rates at 2 percent per month

Warren de Guzman, ABS-CBN News
Posted at Sep 24 06:21 PM

The Bangko Sentral ng Pilipinas said Thursday it is capping the interest rate that banks are allowed to charge for credit cards at 24 percent per annum starting Nov. 3.  Read more »

Patakaran sa palugit sa pagbabayad ng utang sa bangko, credit card ginagawa pa

ABS-CBN News
Posted at Sep 21 07:40 PM

Tinatapos pa ng Bangko Sentral ng Pilipinas ang patakaran sa 2 buwang palugit sa pagbabayad ng utang sa bangko at credit card. Read more »

Kawatan, nakapag-online shopping ng halos P30K gamit credit card ng biktima

ABS-CBN News
Posted at Sep 04 05:14 PM

MAYNILA - Inireklamo ng isang babae ang modus na ginamit sa kaniya ng isang kawatan para magamit ang kaniyang credit card at makapag-shopping online.   Read more »

Why should I pay my credit card bill in full?

Moneymax.ph
Posted at Aug 31 10:17 AM

One useful feature of a credit card is that you can pay just the minimum balance every month. But should you do this? Here are compelling reasons why you should opt to pay your credit card bill in full instead.  Read more »

What are the best credit card features for parents?

Moneymax.ph
Posted at Aug 26 05:28 PM

Responsible homemakers like you can also swipe responsibly, provided you consider these credit card features.    Read more »

Bankers, business groups support proposed cap on credit card interest rates

ABS-CBN News
Posted at Aug 25 02:35 PM

Business and industry groups said Tuesday they were "supportive" of the Bangko Sentral ng Pilipinas' proposal to put a cap on credit card interest rates. Read more »

Can you go to jail for not paying your credit card debt?

Aneth Ng-Lim
Updated as of Aug 03 09:21 AM

The pandemic has had a negative effect on the wallets of Filipino families. Many breadwinners lost their jobs, while others to make ends meet are now underemployed.  Read more »

Credit Report vs Credit Score: Understanding the Difference

Moneymax.ph
Posted at Jun 18 04:42 PM

Some confuse the two, but a credit report and a credit score are two different things.  Read more »

DFA taps PayMaya for cashless passport payments

Willard Cheng, ABS-CBN News
Posted at Jun 16 01:52 PM

Credit card and debit card payments for passport transactions are now accepted after the government tapped mobile wallet platform PayMaya, the Department of Foreign Affairs said Tuesday.  Read more »

How to reduce credit card fraud as scammers thrive during pandemic

Shira Ovide, The New York Times
Posted at Jun 11 11:26 AM

There’s been an explosion in fraudulent purchases made online in the last few years. In most of these cases, thieves only need credit card digits to make a bogus transaction.  Read more »

Why you should get a credit card in the new normal

Moneymax.ph
Posted at Jun 05 01:40 PM

Aside from face masks, sanitizers, and other essentials, there’s one thing you should have in today’s new normal: a credit card.  Read more »

BSP: Wala pang babayaran ang mga umutang sa bangko habang may ECQ

ABS-CBN News
Posted at May 20 08:33 PM

Wala pang babayaran ang mga umutang sa bangko habang umiiral ang enhanced community quarantine, ayon sa Bangko Sentral ng Pilipinas. Read more »

Nagpanggap na online seller huli sa credit card fraud

ABS-CBN News
Updated as of May 20 08:24 PM

Arestado ang isang lalaki matapos umanong limasin ang laman o pondo ng credit card ng biktimang inalok niya ng gadget online. Read more »

No late fees, finance charges on credit card payments during grace period: BSP

ABS-CBN News
Posted at Apr 02 05:34 PM

MANILA – Credit card users don’t need to worry about paying late fees and finance charges during the 30-day grace period for payments due within the enhanced community quarantine in Luzon, the Bangko Sentral ng Pilipinas said on Thursday. Read more »