Quick Credit Cards

Last summer, roughly 6,400 7-Eleven franchisees banded together to express their dislike of “interchange fees,” which are the percentage of each transaction made through Visa, MasterCard or other member banks that are collected from retailers each time a credit or debit card is used.

The fees average about 2 percent per transaction or roughly $1,000 per month for some storesand have become too much too pay, resulting in many franchises discontinuing the cash-back option.Many store ownerscreated the “Stop Unfair Credit Card Fees” petition drive tofight the fees. So far, over 1.6 millionsignatures have been collected (Times Herald).

Want to earn rewards without accumulating debt? Well now you can with PerkStreet Financial’s first 2% cash back program for debit card users who have a daily opening balance of at least $5,000. Customers will continue to earn PerkStreet’s standard 1% cash back on all non-PIN debit card purchases even when their account balance is less than $5,000. The new “PerkStreet Financial Visa” Debit Card allows you to earn up to 5% cash back at preferred merchants or in specified categories, making available to the typical American family over $600 annually in exchange for their everyday spending. The membership fee-free “PerkStreet Financial Visa” will be announcing many other special opportunities to earn up to 5% throughout the year.

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Retail credit cards are not known for their advantages over traditional credit cards. They often come with low limits, excessive fees or high interest rates. However, some retail credit cards stand out among the rest for their notable perks and features.

It’s never advisable to open a retail card account just to enjoy a one-time discount at the register because of the long-term effects that card could have on your credit. That said, if you’re a frequent shopper at one of the following stores that makes our top three, the corresponding card may be a good option for you.

Sears MasterCard

One of the biggest advantages of this retail credit card is the co-branding.

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After weeks of partisan bickering, the Senate finally voted this afternoon 60 to 39 to pass Wall Street reform. Officially deemed the Restoring American Financial Stability Act of 2010, it is now headed to Obama’s desk, which he said will be signed next week. Despite the bloated size of 2,319 pages, some feel the bill leaves us with more questions than answers.

Almost everyone agrees that reform is needed, but many question whether this watered-down version addresses the problems… or just creates new ones. For example, the bill remains silent on Fannie Mae and Freddie Mac. Derivatives and hedge funds get to continue their wild West ways. Twe

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