How This Credit Card Can Stop You from Overspending


Americans are expected to accumulate $54 billion in credit card debt in 2011, according to a recent CardHub study. So imagine a card that you can program to control your spending -- one that actually shuts off if you blow past your monthly budget at your favorite shoe store, or sends you an alert when you eat out more than you planned. Michael Fiore, head of MasterCard inControl Group, explains.