November 18, 2007 |
If you're renting a car over the holidays, chances are a clerk at the counter will try to sell you some pricey insurance options. Should you fork out the extra cash? Probably not, experts say. That's because there's a very good chance the auto insurance policy you already have would kick in if you had an accident while driving a rental. And sometimes the credit card you use to rent the car offers coverage too.
December 24, 2013
Re "U.S. a laggard in adopting more secure credit card technology," Business, Dec. 21 How did Americans wind up being the international low-hanging fruit for credit card information thieves? The Times ably explains this situation in this article. However, in the aftermath of Target's massive data breach, I'm left wondering how a country that is such a leader in technological research can fall down so badly in implementing off-the-shelf preventive measures. John Pierson Pasadena ALSO: Letters: A Snowden pardon?
CALIFORNIA | LOCAL
January 2, 1998
Credit cards: Weapons of mass consumption. MARK A. BROWN Tustin
December 20, 2013 |
More bad news for folks who used their credit cards at Target during the holiday shopping season. Many of the 40 million credit cards that the company says were part of the data breach are already for sale on black markets around the world. That report comes from KrebsonSecurity , the website run by cyber-security reporter Brian Krebs, who initially broke the story about the Target breach. On Friday, Krebs posted another story detailing how he had tracked down phony cards made using information that was stolen as part of the Target data breach: STORY: Target data theft fuels new worries on cybersecurity " Credit and debit card accounts stolen in a recent data breach at retail giant Target have been flooding underground black markets in recent weeks, selling in batches of one million cards and going for anywhere from $20 to more than $100 per card, KrebsOnSecurity has learned.
November 13, 2011 |
Affinity credit cards — that is, a card tied to a certain organization — are a big moneymaker for the airlines, and even if you don't really need another credit card, you'll see some enticing sign-up offers designed to lure new customers. When choosing a card, look at the bonuses being offered, consider how often you fly on the airline and consider the other businesses or carriers with which the airline is affiliated. Note that many cards waive the annual fee for the first year, and spending with an affinity card is an easy way to keep your miles active.
September 18, 2013 |
Aaron has noticed that some merchants appear to be charging him a higher price if he pays by credit card. Is that legal? Not in California. State law says you can't be charged a premium for use of a credit card. Period. But there's a loophole, a big one: You can be charged a discount for paying in cash. That explains why some gas stations and retailers get away with two prices. The higher price represents the "regular" price, and accommodates credit-card payments.