In 2020, young companies like Grow Credit, TomoCredit and Chime launched or expanded credit cards that are available to those with less-than-ideal credit because they don’t run a credit check at all. [The Wall Street Journal]New Apple Credit Card Makes It Easier for Families to Share Credit. A new credit card being introduced by Apple this month allows up to five people—-family and non-family members—-to build their credit histories together. While credit card companies often encourage account owners to add authorized users to the account, some financial advisers don’t recommend it. [Forbes]Mastercard Teams with Gemini for Credit Card with Bitcoin RewardsMastercard partnered with the Winklevoss twins to offer a new credit card that rewards customers with bitcoin or another crypto for using it.

Source: Forbes May 07, 2021 18:22 UTC