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Five Largest Visa and MasterCard Issuers Had Mediocre Scores in ConsumerReports' Latest Credit Card Ratings
The nation's five largest MasterCard and Visa issuers -- J-P Morgan Chase,Bank of America, Citibank, Capital One, and H-S-B-C, which control about80 percent of the market -- earned so-so scores in Consumer Reports' latestratings of credit cards.
The survey was conducted by Consumer Reports National Research Center.More Consumer Reports readers who used those banks' cards complained that theywere assessed unfair late fees or experienced unexpected interest-rateincreases than readers who held cards from the top-rated issuers. It foundthat consumers had far fewer billing headaches and other problems with thecard issuers at the top of the ratings.
iTunes Store to Stop Selling NBC Television Shows
Apple says it will not be selling N-B-C television shows for the upcomingtelevision season on its online iTunes Store. The move follows N-B-C'sdecision to not renew its agreement with iTunes after Apple declined to paymore than double the wholesale price for each N-B-C T-V episode, which wouldhave resulted in the retail price to consumers increasing to four-dollars-99cents per episode from the current one-dollar-99 cents.
A-B-C, C-B-S, FOX and The C-W, along with more than 50 cable networks, aresigned up to sell T-V shows from their upcoming season on iTunes at adollar-99 per episode.
Back to School Means Return of School Blood Drives
Labor Day signals the end of summer, a difficult season for bloodcollection, and one that blood centers are usually happy to bid farewell.After coping with tight blood supplies since Memorial Day, there is relief insight -- school is back in session and so are school blood drives.
Just how important are drives held on high school and college campuses? Arecent study published in Transfusion, indicates that only 37 percent of theU-S population is eligible to donate -- far less than the 60 percent figurepreviously estimated -- so student drives are indispensable.
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