Chase, the largest U.S. credit card issuer, announced major changes to its Chase Sapphire Reserve card, including a higher ...

In 2024, credit card companies in the U.S. earned a record $148.5 billion from processing fees charged to merchants. Families paid an average of close to $1,200 in swipe fees in 2024, according to ...

In 2022, credit card companies charged $14.5 billion in late fees, a fee affecting nearly 1 in 5 adults. In March 2024, the CFPB issued a rule to cap late fees at $8.