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CARDNEWS FOR CONSUMERS
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(6/25/99)
Rate Hike Coming
The Federal Reserve boosted short-term interest rates by 25 basis points or a quarter of a point (0.25%) today. Today's action will move most of the nation's larger banks to raise the Prime Rate to 8.00% from 7.75%.
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(6/24/99)
MasterCard's Homerun
How would you like to sit with a living baseball legend at a World Series game? Is that priceless? Or what? Major League Baseball and MasterCard International announced this week a joint promotional program..
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(6/23/99)
GM Card Hits Hard
The General Motors MasterCard has come out swinging with a new
solicitation aimed directly at the 'Discover' card, the 'First Card Mileage
Plus VISA' and the 'Citibank Driver's Edge MasterCard'.
-READ MORE |
(6/23/99)
$50 Credit Limit?
Suppose you were approved for a new credit card but when the first
statement arrives you realize you already racked up more than $350 in card
charges without ever using the card?
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(6/22/99)
NextCard - PlanetOut
San Francisco-based NextCard and PlanetOut, the largest gay and lesbian
online community, announced this week a joint Internet marketing agreement to offer co-branded products and card services for PlanetOut members.
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(6/21/99)
Miles For Business
Small business owners can now get American Airlines miles for purchases made by their employees. Up till now only Northwest Airlines offered such a
program to small businesses.
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(6/21/99)
SkyMiles Goes Platinum
Accelerate your march to Delta elite frequent flyer status with a new
credit card from American Express. American Express and Delta Air Lines
have launched the 'Platinum Delta SkyMiles Credit Card from American
Express'.
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(6/18/99)
New Color of Plastic
Gold cards have generally lost their luster and platinum cards are
beginning to tarnish --- so what is the new color of plastic money?
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(6/16/99)
It's a Groovy Credit Card, Baby!
Austin Powers - the man who marketed himself to death - now has a credit
card. And "It's Titanium, Baby!". First USA and New Line Cinema rolled out
the new Austin Powers Limited-Edition Titanium VISA credit card yesterday.
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(6/16/99)
Do It Direct
Consumers who do not have access to the Internet, a computer or a credit
card can still tap into the electronic age to pay bills. The solution is
direct payment.
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(6/15/99)
Web Wallets
Consumers who shop online will now have the ability to set up an
electronic wallet that will work throughout the Internet. Until now wallets
have been offered on some Websites but each wallet system has had its own
format.
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(6/11/99)
Privacy Invasion
"You Can't Do That!" says the Minnesota Attorney General. Yesterday a
lawsuit was filed against Minnesota-based U.S. Bank for allegedly releasing
customers' private banking information to a telemarketing company...
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(6/11/99)
Juggling Foreign Currency
Consumers who travel abroad infrequently need to carry the right money mix
says the AAA. Rather than pack a wallet full of colorful cash and coins, AAA experts say the right mix involves several payment methods...
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(6/10/99)
Charging Fast Food
In the not-too-distant future you will be able to order fast food from
your auto and pay for it with a credit or debit card.
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(6/9/99)
April Surge
Revolving credit grew at an annual rate of 6.8% during April compared to 5.4% last April according to preliminary figures released this week by the Federal Reserve.
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(6/4/99)
Discover Downloaded
Intuit Inc. and Discover Financial Services, Inc. announced Thursday that
Discover Cardmembers can now download their Discover Card account statement
information to Quicken 99 personal finance management software.
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(6/2/99)
Smart IDs
Listen up students of Radford High School-HI, next school year you will
get a new student ID card. In fact the new ID cards are smart cards that
are going to be implemented by The Pathways Group.
-READ MORE |
