Articles tagged in Durbin

04.06.11

Chase Does A Flip Flop on Debit Card Rewards

Alex Gutow

A few weeks ago, eight million Chase customers received a letter stating their debit rewards would be eliminated in July, two days before the 12 cent cap proposed by the Durbin Amendment would take effect. This letter specifically blamed Durbin for this change and told customers, “As a result of this law, we will be changing our debit rewards program.”

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11.04.10

Deciphering Durbin, the Newest Card Legislation: Is Your Debit Card About To Be Freed Up from So Many Fees?

Fonda Chen

Plastic may be easy and convenient, but reading and understanding card policies and federal legislative bills are anything but.

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