| (5/30/97)Lost World Phone Cards MCI PrePaid Services rolled out the exclusive 'MCI The Lost World: Jurassic Park PrePaid Phone Card' yesterday offering consumers 25 minutes and 50 minutes of long-distance calling for $9.99 and $19.99 respectively. -READ MORE |  |
(5/28/97)Citibank's Beach Party Today Citibank is officially launching a new high-tech, interactive banking center today in downtown San Francisco. The 957 square foot center features a 24-hour vestibule with six-language ATMs and CitiPhones, a greeter station, an account opening and service area with touch screen technology, and an area with PCs linked to the Internet. -READ MORE |
| (5/27/97)Credit Tightening The Federal Reserve said Friday its most recent quarterly survey of bank loan executives shows a progressive tightening of credit standards for consumer loans, especially credit card loans. -READ MORE | |
(5/27/97)Internet CC Theft A San Francisco man was arrested by the FBI at San Francisco International Airport last week after attempting to sell 100,000 credit card numbers for $260,000. -READ MORE |
| (5/23/97)Account Closing Fees After First Union’s aborted attempt to charge a $10 account closing fee Advanta is attempting to assess one. In notifications mailed this week some Advanta cardholders are being offered a choice between agreeing to an interest rate increase or closing the account for a $25 fee. -READ MORE | |
(5/22/97)American Express NY Disney Deal American Express said yesterday it has expanded its relationship with Walt Disney by becoming the “Official Card” of the newly restored New Amsterdam Theatre on 42nd St. in New York City. -READ MORE |
| (5/22/97)Americans Spend Paychecks Too Quickly This is only one surprising fact from a survey of 7,200 Americans conducted by Intuit's Quicken Financial Network (http://www.quicken.com), a comprehensive personal finance Web site, and Money Talks, an on-line personal investment e-zine. -READ MORE | |
(5/22/97)Americans Save Less Despite improved economic times and a growing unease over the future of Social Security, nearly half of all Americans (46%) have less than $10,000 saved for their retirement, according to Miles To Go. -READ MORE |
| (5/21/97)Smithsonian NOVUS Card Dean Witter, Discover and Company announced Tuesday the new ‘Smithsonian Card’ with a potential national exposure to 30 million Americans. The affinity-rebate program will generate support for the Smithsonian and offers cardholders the opportunity to earn a $50 U.S. Savings Bond for each $5,000 charged to the card. -READ MORE | |
(5/21/97)Americans Save Less First USA also announced a new affinity program yesterday with an alliance with the largest symphony orchestras in the country. The new 'TOPS Symphony Series VISA Card' will produce support revenue for a entire range of orchestral offerings including local urban education, community outreach programs and core artistic initiatives. -READ MORE |
| (5/20/97)Tiger Woods - Do More Professional golf sensation and recent Masters champion Tiger Woods has agreed to a long-term contract to promote American Express. The AmEx-Woods campaign gets underway this morning with full-page advertisements in major newspapers. -READ MORE | |
(5/20/97)Another $1 Billion The consensus is the Federal Reserve will hike interest rates another 25 basis points this morning. Of all forms of borrowing consumers will feel the impact most on bank credit cards. -READ MORE |
| (5/20/97)BMG VISA Card Wachovia, the nation’s nineteenth largest issuer, announced a major co-branded deal, Monday afternoon, with BMG Entertainment. BMG, a division of Bertelsmann AG, is the owner of music labels Arista Records, RCA Records, Private Music, Windham Hill Group and has a number of related units throughout North America. -READ MORE | |
(5/20/97)Citibank's NewlyWed Advice "For richer or poorer" are words which will be repeated by thousands of couples at wedding ceremonies over the next few months. But even as they make this promise to each other, few have had any discussion, or made any plans with reference to their financial future. -READ MORE |
| (5/19/97)Citibank AAdvantage Anniversary The nation’s largest co-branded airline-bank card program, the ‘Citibank AAdvantage Card’, celebrates its tenth anniversary today. To celebrate the anniversary Citibank and American Airlines announced this morning a six-month sweepstakes, beginning July 1, that will giveaway 10 million miles to cardmembers via monthly prizes and a grand prize of a first-class trip to Europe. -READ MORE | |
(5/19/97)VISA-Alamo Travel Smart Program Alamo Rent A Car announced today its new partnership with Visa(R) U.S.A. to offer an exciting summer "Travel Smart(SM) Bonus Extras" program. Travelers who rent a car from Alamo for two or more days between May 18 and July 20, 1997, and pay with their Visa(R) card, are eligible to receive five valuable savings certificates from the program's partners at the time of rental. -READ MORE |
| (5/15/97)Texas ATM Fee Cap The Texas House voted 88-46 to pass an amendment to a home equity loan bill that limits bank-owned ATM fees to a maximum of $1.00 per transaction or $1.50 per transaction if the ATM is owned by a non-financial institution. -READ MORE | |
(5/15/97)OnCall Card First Chicago NBD and Atlanta-based Premiere Technologies launched a new proprietary phone card that ties together communications services with banking, credit card and investment services. -READ MORE |
| (5/15/97)Lebanese Credit Card Scam United States Attorney Donald K. Stern announced today that ABDO KOUBA, 37, of 7 Montvale Street, Roslindale, Massachusetts, and ILHAM EL KOUBA, 26, formerly of 7 Montvale Street, Roslindale, Massachusetts, were charged with conspiracy, deceptive use of a Social Security number, and credit card fraud. -READ MORE | |
(5/15/97)Gambling Online with Credit Cards Torrey Pines Nevada Inc., in conjunction with Casinos of the South Pacific, announced today that the COSP casino located in the Cook Islands will be taking "MONEY WAGERING" at its gaming site at http://www.ck.cosp.com beginning Friday, May 16, 1997. -READ MORE |
| (5/14/97)Canadian Phone MasterCard Bank of Montreal teamed up Tuesday with telecommunications company MT&T to unveil a new, no-fee MasterCard for Nova Scotia offering points towards long distance service. -READ MORE | |
(5/14/97)Tina Turner Unveils PI Card Art Work As thousands of fans gathered at dusk at Los Angeles' Greek Theatre to await the performance of rock music legend Tina Turner, the singer was backstage disclosing a private side of herself to a select group of invited guests. -READ MORE |
| (5/8/97)Citibank's Teenage Money Guide Who can forget their first summer job? Some were certainly cooler than others, but whether they involved lifeguarding or lawnmowing. -READ MORE | |
(5/7/97)MoneyFirstCard Bottom fishing for sub-prime credit card accounts has produced a new round of catalog cards promotionally linked with high-risk-priced, unsecured bank credit cards according to the consumer newsletter CardTrak. -READ MORE |
