CARDNEWS FOR CONSUMERS
(3/31/99) Diners Phone Card
Look in your mailbox for a great new offer:  a $50 prepaid phone card! Diners Club International has joined with Carrier Services, Inc. to provide the Diners Club Global Phone Card to cardmembers, who only have to dial 1-888-PRE-PAID (888-773-7243) to activate the card.
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(3/29/99) Fee Frenzy
Average late payment fees crossed the $23.00 mark according to the latest data released by CardData (www.carddata.com). Based on February pricing statistics, late payment fees now average $23.22 industry wide.
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(3/29/99) Cendant Rebates
Clients of Cendant Business Services, get ready for a pleasant surprise!  Cendant has announced that they will offer rebates of up to 8% on vehicle maintenance purchases for clients using the MasterCard-branded Cendant Card.
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(3/26/99) Student Bill Dies
The Oklahoma House Banking and Finance Committee voted overwhelmingly this week to kill a bill that would have limited the way credit cards are issued to Oklahoma residents under the age of 21.
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(3/24/99) Online Lending Boom
Nearly 39 million households in the U.S. are expected to be online by the end of 1999.  With so much credit information just a few clicks away, consumers now have the opportunity to shop for financing from the comfort of their easy chair.
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(3/23/99) MAS Card
There are approximately 110 million Americans who have no insurance or who are underinsured.  This number is expected to grow with the removal of 15 million Americans from welfare roles this next year.
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(3/23/99) Double Points at Regal
Would you like to be rewarded just for staying at a luxury hotel?  That’s exactly what will happen throughout this year if you're an American Express cardmember enrolled in the Membership Rewards Program. 
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(3/22/99) Two-Fer European Style
American Express Platinum and Gold cardmembers now have even more incentive to travel in Europe. In response to their cardmembers' requests for a premium class flight experience, American Express has responded with the new European Airline Privileges program. 
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(3/22/99) British Rate Battle
Card rate competition is entering another round in the UK as Capital One introduced, last week, a fixed, long-term interest of 11.9% to new customers.
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(3/17/99) Passport to Europe
You may be one of the nearly one million American Express cardmembers who will soon be enjoying a special travel planner - Europe - backed by a Passport to Savings booklet full of special offers and discounts from American Express merchants all over Europe
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(3/16/99) Wild Kingdom Card
Fans of Mutual of Omaha's TV series, Mutual of Omaha's Wild Kingdom, can now have a First USA Platinum VISA card featuring beautiful wildlife photography in the spirit of the popular show.
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(3/16/99) Royal Endorsement
The prestigious King's College has joined 10 other colleges of the University of Cambridge in endorsing MBNA to offer a credit card to its staff, alumni and supporters. 
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(3/10/99) Global Service
MasterCard's Global Service, the only customer service program of its kind in the payments industry, has serviced more than one million card-related requests, and has achieved a 96% satisfaction rating by cardholders.
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(3/10/99) Many Tongues - One App
Many people feel intimated by any application process.  Chase Manhattan Bank is the first major credit card issuer to make applying for a credit card easier - by creating a brochure with sections in English, Spanish and Chinese.
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(3/8/99) Cancelled Cards
The FDIC is pulling the plug on 440,000 BestBank VISA credit cards this week. However about 13,000 BestBank card accounts, mostly secured VISA cards, will remain open until a buyer is found.
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(3/8/99) Debt Explodes
American consumers racked-up more than $5 billion in revolving debt during January according to figures released Friday afternoon by the Federal Reserve. Historically January is a time when Americans pay down revolving debt.
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(3/5/99) IRS Card Bennies
Is charging U.S. personal taxes with a bank credit card a worthwhile proposition? According to a recent survey by Roper Starch more than three quarters of consumers surveyed say they would rather pay taxes by check than cash or credit card.
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(3/4/99) ATM Ads
If you live in California, you may soon see Amazon.com advertised on your ATM screen.  Wells Fargo, the diversified financial services company, is launching an innovative marketing concept through its Wells Fargo Media Express ATM Network.
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(3/4/99) 50 Billion Soccer Fans
You'll be seeing a lot more of Pele, the three-time World Cup champion, between now and the FIFA World Cup Soccer Championships to be held in Japan and South Korea in the Summer of 2002.  Pele has been MasterCard's exclusive World Cup spokesman since 1991....
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(3/3/99) Card Practices Attacked
Legislation was introduced Tuesday in the U.S. House by Rep. John J. LaFalce (D-NY) to provide consumers with protections from the so-called "egregious" and "unjustifiable" practices of credit card issuers.
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(3/3/99) Moviegoer Rewards
What could be better than being rewarded for going to the movies?  In this first-of-its-kind program, MovieFone will give American Express cardmembers one complimentary ticket for every 10 tickets purchased. 
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(3/2/99) Sorry, But No Cigar!
The world's most powerful person realized yesterday that membership does not always have its privileges. President Clinton's American Express card was denied Monday.
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(3/2/99) Cool Ice Card
Millions of Toronto Maple Leafs fans can now have a MasterCard featuring their favorite team's logo. MBNA has announced the latest in its long list of endorsements from more than 600 sports organizations. 
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