Everywhere and nowhere, he works to keep Visa at the center of the global financial system — and out of political disputes. Source: NYT > Business – David Gelles
How Secured Credit Cards Can Build, or Rebuild, Your Credit
The cards, used mainly by consumers who have little credit history or a poor one, haven’t been widely adopted. Amazon is now offering one. Source: NYT > Business – Ann Carrns
What Is a Reward Point Worth? It Depends
Some 2.75 trillion points and miles are earned each year, with many more options on where to spend them. Airline tickets and hotel rooms may be the best choices. Source: NYT > Business – JULIE WEED
DealBook Briefing: Apple Wants to Sell the Only Bundle You Buy
In the face of flagging iPhone sales, Apple unveiled an audacious plan to dominate digital services — but didn’t offer many details on why you should sign up. Source: NYT > Business –
Philadelphia Bans ‘Cashless’ Stores Amid Growing Backlash
The new law, which takes effect July 1, is part of a growing backlash to cashless policies, which critics say discriminate against people without bank accounts or credit cards. Source: NYT > Business – KAREN ZRAICK
Your Money Adviser: Those Credit Card Bonuses May Be Taxable
If you get cash back from a card in exchange for purchase, that’s generally not taxable. But, experts say, a bonus for referring a friend probably is. Source: NYT > Business – ANN CARRNS