Credit/Debit cards

Amex projects upbeat 2026 profit on steady spending by affluent customers

It expects revenue to grow in the range of 9 to 10% – versus expectations of about 9%

Lawmakers have taken aim at card interest rates, often hovering above 20% in recent years, as one way to relieve some financial pressures on consumers.

Bank of America, Citigroup weigh new cards with 10% rate

Some bank executives have publicly said that they agree with Trump’s focus on affordability

Late last week, President Trump called for a one-year, 10 per cent cap on credit card rates, setting a deadline of Jan 20.

White House weighs executive action to cap credit card rates

THE White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in addition to other measures seeking to ease US affordability challenge...

US credit card balances rose to US$1.23 trillion at the end of the third quarter ended Sep 30, indicated a report from the US Federal Reserve.

How Trump’s proposed cap on credit card rates could reshape consumer lending

It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes

This bill explicitly directs credit card companies to limit rates as part of broader consumer relief legislation.

Trump calls for one-year cap on credit card interest rates at 10%

Lawmakers from both the Democratic and Republican Parties have raised concerns about high rates and have called for those to be addressed

JPMorgan expects to record a US$2.2 billion provision for credit losses in the fourth quarter of 2025 tied to the forward purchase commitment of the portfolio.

JPMorgan to replace Goldman as Apple Card issuer

The deal is subject to regulatory approvals and is not expected to close for roughly two years

Both Visa and Mastercard agreed to relax their controversial “honour all cards” rules, which required merchants to accept all Visa or Mastercard credit cards if they accept any cards from the two networks.

Visa, Mastercard to cut fees, let retailers reject certain cards

VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones that have bee...

Exclusive to DBS Insignia Cardmembers, The Culinaire’s List offers private meet-and-greet sessions with chefs at fine-dining establishments.
BRANDED CONTENT

Insider perks, bespoke privileges, hidden culinary gems: How to get access to a world of gourmet pleasures

From off-menu creations to seamless concierge access, The Culinaire’s List by DBS connects even more cardmembers to the city’s hardest-to-book restaurants – with a refreshed slate of privileges and re...

Hotpot chain Haidilao ranks among the top destinations for cross-border spending.

From mala to mall: 5 ways Singaporeans are swiping more in Johor

Transactions are up sharply even as the average ticket size dips, suggesting consumers are crossing the Causeway more often and buying more frequently