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CARDNEWS FOR CONSUMERS
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(8/31/00)
Free RocketCash
More than a billion bottles of Sprite will offer a chance to get some cash,
RocketCash that is. Coca-Cola has teamed up with RocketCash to launch a
long-term, national marketing program that offers RocketCash via bottles of
Sprite.
-READ MORE |
(8/30/00)
Seven Year Itch
The Federal Trade Commission this week announced its first enforcement action
under Section 623 of the Fair Credit Reporting Act. Under a proposed settlement
Irvine, CA-based debt collection agency, Performance Capital Management, will
be fined $2 million for a number of serious violations.
-READ MORE |
(8/29/00)
PlayGirl Nabbed
Consumers who used their credit cards to sign up for a "Free Tour" of porn
websites got more than a little peep. The owners and operators of playgirl.com,
and scores of other adult Web sites have been charged by the
Federal Trade Commission and the New York Attorney General with illegally
billing thousands of consumers...
-READ MORE |
(8/28/00)
Back-To-School
Parents are bummed out when it comes to whipping out their plastic for
back-to-school shopping. Surprisingly parents spend more money on daughters
than sons by a 2:1 margin. According to a back-to-school survey conducted on
MasterCard.com, parents indicated that they spent more than $500 per child for
back-to-school shopping.
-READ MORE |
(8/25/00)
Amex Aces Open
The US Open comes to New York next week and American Express cardholders will
have the advantage. On Sept. 4 all spectators will receive a complimentary
preloaded one-ride Metrocard. Michael Chang will be on hand a portion of the
day to sign autographs and pass out the MetroCards.
-READ MORE |
(8/24/00)
Web Cards
Credit card offers on the Internet continue to be one of hottest marketing
products online. This news comes as new data shows the Internet has reached
critical mass. The latest Internet tracking data shows that 52% of the U.S.
home population is now surfing the Web.
-READ MORE |
(8/21/00)
Teacher's Pet
Just-in-time for back-to-school! The Discover Educators Card is being
beefed-up with new partners. The special Discover card for teachers has added
six new merchant partners offering a 5% Cashback Bonus.
-READ MORE |
(8/18/00)
Consolidation
The third largest card issuer in the U.S. is bucking for the #2 spot following
plans to gobble up another large portfolio. The move will also add a full
percentage point to the market share held by the top ten U.S. issuers.
-READ MORE |
(8/17/00)
Ultrasonic Card
The search for a foolproof way to use credit cards on the Internet may be
ending. This week a new Internet payment card was unveiled that uses ultrasonic
technology for secure transactions and account access.
-READ MORE |
(8/16/00)
Getting Pumped
The Blue Priceline for Gasoline Card is waiving the $3 monthly processing fee.
More than one million U.S. consumers have signed up for the program and more
than 5,000 gas retailers nationwide are now participating.
-READ MORE |
(8/15/00)
Visa Buxx
The most dynamic part of the payment card business is the quest for a teen
card. Teens have more than $153 billion to spend and more than five million of
them buy stuff online. VISA has now taken the kiddie card war to a new level
with the introduction of VISA Buxx.
-READ MORE |
(8/14/00)
Smile Mastercard
Airline cards without annual fees are a rare breed. Sun Country Airlines and
MBNA have taken off with the new no-annual-fee Smile Awards MasterCard. Under
the program, each time a member makes a Sun Country Airlines ticket purchase,
they earn ten points for every dollar spent.
-READ MORE |
(8/11/00)
Religious Debit
Religion and credit have finally come together with the christening of a new
MasterCard. Revelation America and Western Union unveiled their new co-branded
card at the Progressive National Baptist Convention in Louisville, Kentucky
this week.
-READ MORE |
(8/11/00)
Porn Debit
Internet pornography and debit have finally hooked up as a new debit card
penetrates the market. Houston, Texas-based Rick's Cabaret International
created the new Porn Debit card to solve two problems.
-READ MORE |
(8/10/00)
Latin Rewards
If you are headed to Latin America anytime soon, here is a way to really expand
your visit plus pick up some extra points. VISA and Marriott have joined up to
offer guaranteed early check-in and an extended checkout to VISA cardholders
and Marriott Rewards members staying at select Marriott and Renaissance hotels
throughout Latin America from now through December 20, 2000.
-READ MORE |
(8/9/00)
Discounts To Spain
If you've always dreamed of going to Spain here is a chance to get a sizable
discount. MasterCard has joined up with Spanair to offer 30%-50% off tickets to
Spain charged to a MasterCard.
-READ MORE |
(8/8/00)
College Mastercard
Just in time for back-to-school, College Parents of America and Debix Systems
have teamed up to offer a pre-paid stored-value MasterCard. The College Parents
of America MasterCard debit card can be used to obtain cash from an ATM machine
and for purchases.
-READ MORE |
(8/7/00)
Double Miles
Biz cardholders can now earn double miles. Comerica recently announced it will
award double miles on its suite of commercial cards between now and the end of
this year.
-READ MORE |
(8/4/00)
Geezers & Deadbeats
Older consumers (a/k/a/ "geezers") along with consumers who pay off balances
in-full each month (a/k/a "deadbeats") are the most satisfied credit card
customers. A new study shows that American cardholders are generally
satisfied with their primary credit card accounts...
-READ MORE |
(8/3/00)
Discover Acceptance
Did you know the Discover card is accepted at nearly 90% of places across the
U.S. where you can use a VISA or MasterCard? Most consumers assume that
Discover has a limited acceptance among U.S. merchants.
-READ MORE |
(8/2/00)
ATMs Get Snappy
Boring looking ATMs are getting "snappled". Snapple all-natural beverages and
ATM manufacturer Diebold have teamed up to create the Snapple Wrap
Program. Under the deal, Diebold ATMs in six states will be covered with a
vinyl wrap that bears the Snapple logo.
-READ MORE |
(8/1/00)
Sportsman's MasterCard
Outdoorsmen can now bag a MasterCard that offers both flexible financing as
well as special rewards. The Sportsman's Guide and Direct Merchants Bank
officially launched The Sportsman's Guide MasterCard this week.
-READ MORE |
