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How the chip shortage is affecting the credit card business

It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.

A screen grab of a cached version of The International Conspiratological Association website, an anti-Semitic organization. Under pressure from advocacy groups, MasterCard has since ended its merchant network relationship with the organization.

Credit Cards Under Pressure To Police Online Expression

The Web is full of sites promoting views that many find offensive — and often, those sites do business with credit card companies. Some advocacy groups are pressuring Visa and MasterCard to end those relationships, but others worry these campaigns will have a chilling effect on free speech online.

Millions Of Credit Cards Affected By Data Breach At Target

The retailer acknowledged early Thursday that there was a massive security breach of its customers' credit and debit card accounts. It started the day before Thanksgiving and extended at least to Dec. 15 — the heart of the holiday shopping season.

Britain's new rule seeks to prevent steep fees — as much as 20 percent — from being added to customers' bills simply because they pay with a credit card rather than with cash.

U.K. Bans Credit Card Surcharges, Calling Them A 'Rip-Off'

In the U.S., at least 11 states forbid retailers from adding surcharges to credit card transactions. Several also allow discounts for customers paying via cash rather than plastic.

File image of an unnamed person holds two Visa and Mastercard credit cards in Haverhill, Mass., June 15, 2017.

NC legislators want to restrict credit card transaction fees

State lawmakers could crack down on retailers who charge a fee for using credit cards instead of cash.

Debunking 3 common myths about credit card debt

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.

Many Americans have exhausted their savings as credit card debt hits a record high

Credit card debt is at a record high, climbing nearly 19% in the fourth quarter of 2022. Many Americans have exhausted their savings and are now deep in the hole trying to cover the cost of living.

A computer chip is seen on a newly issued credit card in this photo illustration taken in Encinitas, Calif., this week. In an effort to reduce counterfeit and credit card fraud, more than 200 million payment cards have been issued with embedded computer chips in the U.S., ahead of a Oct. 1 deadline for the switch to such cards, according to the Smart Card Alliance.

3 Things To Know About Those New Credit Cards

Today is the deadline card issuers have given for merchants to be ready to accept the new, more secure, computer-chipped cards. But there's still a long way to go.

Neiman Marcus Credit Card Breach Heightens Consumer Concerns

Upscale department store Neiman Marcus is the latest retailer to disclose data security breaches. The disclosure comes just a day after Target issued another apology for a data breach that occurred during the holiday season. NPR's Rachel Martin speaks with Brian Krebs, who broke both stories on his blog, KrebsOnSecurity.

Visa and Mastercard credit cards. (John Raoux/AP)

Inflation forces Americans to rely more on credit cards and loans

Employers added more than 230,000 jobs in December, another sign of continued strength in the labor market.

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