That's happening even as banks cut debit card rewards programs and ramp up incentives to use credit cards in response to a law that kicked in Oct. 1.
Others, like the Nomad II from Creative Labs (nasdaq: CREAF - news - people), use the SmartMedia card, which holds up to 64 MB and is about the size of a credit card cut in half.
He would be told to get a second job and cut up his credit card.
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After the credit crash in 2008, credit card issuers cut back on the rewards offered to new cardholders.
When consumers decide to purchase less, they usually also decide to cut back on their credit card usage.
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Australian retailers persuaded regulators in 2005 to force card issuers to cut fees nearly in half to around 1%.
Delinquencies cause the credit card companies to cut credit limits for existing customers and make it difficult for new customers to get cards.
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Stelios theatrically cut up his Barclays credit card on national television.
Rick Huffman, another CNN iReporter and a retired police officer, cut up his NRA membership card in the wake of the mass shooting, which he said changed his views on gun control.
"I think the British public can be proud that we have cut the seven-year credit card limit for the EU for the first time ever, " he said.
The common explanation from banks is that they are losing billions of dollars in revenue from the Durbin Amendment which basically cut the interchange fee on debit card transactions in half.
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Option, in particular, came out with a new card that allowed it to cut prices, directly affecting Novatel.
In its early days, the Diners Club card took a hefty 7% cut of the tab from restaurants that accepted it.
Credit card issuers closed risky accounts, cut credit limits on millions of accounts, and tightened lending standards to cut their risk of defaults and late payments.
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That decision was clear-cut, but Hibs strongly disputed the red card that completed Bamba's miserable day, although it looked like the defender was the last man as he tripped the rampaging Nade 25 yards from goal.
On February 8, Chase cut off enrollment of new customers in their debit card reward program.
Earlier this month, Psystar aroused suspicion by changing addresses on its Web site four times and getting cut off by the company that processes its credit card transactions.
Square was invented to cut through the complexities of a different network: the credit card payments industry.
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It also required me to stay fairly close to the table surface where the card was, otherwise, the AR connection would cut out if I moved too far.
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While it can prove unreasonably inconvenient to stop using your credit card entirely, most of us can find ways to cut down.
But key to growth are deals like the one Track recently cut with American Express and its much-hyped In:NYC card, which offers discounts and benefits to 25- to 35-year-olds.
Citi is hoping the allure of an innovative product will attract customers that might otherwise have taken their card business elsewhere, giving Citi a competitive advantage in a cut-throat market.
He promised that he would cut up all his other credit cards and transfer those balances to his Discover card.
Apple takes a 30% cut from sales of everything sold on iTunes. 435 million users have credit card information on file with Apple.
It takes a 6.3% cut - 5% from the donation plus a share of the Gift Aid and credit card fees.
Other banks will likely cut their rewards program if the Federal Reserve upholds the 12-cent limit on the debit card interchange fee.
If outsourcing call centers cut costs for American Express (NYSE:AXP), it also does for its credit card competitors Visa (NYSE:V) and Master Card (NYSE:MA).
She decides it is time to make sacrifices and cut back, so she buys the dress but not the shoes, on the family credit card.
Mr Stirling said anyone who signed up before the cut-off point at the end of August would still receive their newsletters and a birthday card.
As banks and credit unions bewail billion-dollar liabilities in the aftermath of the Credit Card Act of 2009 and in anticipation of additional federal regulation, they have apparently cut spending on the very resources that, if funded, would lighten those losses.
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