Content about Debits and credits

March 26, 2013
Bluebird singing sweeter financial song for Walmart

Who needs a bank? Walmart and American Express have added a host of capabilities to the Bluebird financial service product they introduced last year as an alternative to debit and checking accounts.

Who needs a bank? Walmart and American Express have added a host of capabilities to the Bluebird financial service product they introduced last year as an alternative to debit and checking accounts.

February 19, 2013
Capital One sells Best Buy credit card business to Citi

Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi.

MCLEAN, Va. — Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi. In addition, Capital One and Best Buy have agreed to end their contractual credit card relationship early.

October 8, 2012
Walmart, American Express launch alternative to traditional bank accounts

Walmart and American Express have teamed up to offer customers an alternative to debit and checking accounts.

BENTONVILLe, Ark. — Walmart and American Express have teamed up to offer customers an alternative to debit and checking accounts. The new service, called Bluebird, is designed to provide financial services to customers who often do not have traditional bank accounts. It will allow for deposits by smartphone and mobile bill paying, with no minimum balance or monthly, annual or overdraft fees.