(2/27/98)Fantasy Golf 
MasterCard International and Fortune Brand's Cobra Golf have joined up to co-sponsor 'The 1998 Fantasy Golf Challenge'. The 'Golf Challenge' consists of ten contests, with each contest running for three to four weeks.
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(2/25/98)Cleaning Up
First Tennessee Bank and IL-based ServiceMaster are looking to mop-up the competition with a new credit card offering home services rewards. The 'ServiceMaster Rewards MasterCard' offers cardholders a 1% rebate for general purchases and a 3% rebate from ServiceMaster's 'Quality Service Network Companies'.
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(2/24/98)Yahoo! Another VISA! 
Internet search engine pioneer Yahoo! Inc. and First USA rolled out the 'Yahoo! Platinum VISA Card' yesterday offering consumers an online rewards program.
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(2/24/98)Web Card Battle
Yesterday's announcement of the 'Yahoo! VISA' drew fire from another competitor who recently launched an Internet card product.
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(2/20/98)Relaunched
Chase Manhattan relaunched the cobranded Bell Atlantic card yesterday by converting 70,000 Chase/NYNEX cardholders to the Bell Atlantic program. Bell Atlantic and NYNEX merged last year. Chase acquired the 500,000 cardholder, Bell Atlantic program August 21, 1997 from First Omni Bank.
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(2/18/98)Bankruptcy Reform Impact 
Ernst & Young released a report yesterday showing one fourth of Chapter 7 bankruptcy filers have enough income to repay at least one-third of their debts, while 10% of filers could pay all their debts.-READ MORE |
(2/17/98)UK Competition
Sun Banking Corporation, a subsidiary of Sun Life of Canada, announced today it will enter the credit card business in the UK. Sun will compete against the likes of Capital One, MBNA America, Household's Hamilton Direct, and Bank of Scotland's Capital Bank. -READ MORE | |
(2/11/98)More Than Coffee
A 7-Eleven store in Austin, Texas was the site yesterday for the introduction of 7-Eleven's 'Financial Service Center'. The new, self-serve technology cashes checks, sends money transfers and accepts cash or bank cards for purchases of items like money orders and phone cards, in addition to providing standard ATM services.
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(2/8/98)NextCard VISA
A San Francisco firm rolled out a new credit card Friday billed as the "First True Internet VISA". The 'NextCard VISA' offers instant credit approvals via the Internet and the company's proprietary online application process called "Rapid Results". -READ MORE |
(2/6/98)VISA - USPS Promo
To showcase the largest U.S. retailer accepting payment cards, and to drive Visa usage, Visa U.S.A. is launching a promotion with the United States Postal Service (USPS)offering customers a free gift with purchase.-READ MORE |
(2/5/98)Platinum Rush
The number of platinum VISA and MasterCards is approaching 15 million nationwide representing a 1000% increase from eighteen months ago, according to the February issue of CardTrak. -READ MORE | |
(2/5/98)Local Phone Cards
Phones for All Inc., a new prepaid local phone service company, is teaming up with 7-Eleven stores in Florida and Texas. The service is targeted at consumers who fail to qualify for local phone service due to poor credit or lack of U.S. citizenship. -READ MORE |
(2/4/98)MasterCard Promo
MasterCard debit cards or 'MasterMoney' cardholders can save 25% off long-stemmed roses or $10 off an floral arrangement in a Valentine's Day promotion between MasterCard and Flowers USA. -READ MORE | |
(2/4/98)Mall VIP Visa Promo 
Cardholders of the 'Mall VIP Visa Card' will receive a commemorative 'VISA Olympic' pin for VISA purchases of $25 or more at Simon DeBartolo's 131 malls nationwide. -READ MORE |
(2/3/98)CarCareONE 
Banc One rolled out a new credit card yesterday for auto dealerships and other auto service providers to offer customers special financing for car repairs and accessories.-READ MORE | |
(1/30/98)Card Sharks
The Federal Trade Commission's said yesterday that 'Operation Loan Shark' has snagged a total of 37 telemarketing firms engaged in fraudulent advance loan schemes including advance fee credit card scams.
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