CARDNEWS FOR CONSUMERS
(2/29/00) High Octane Card
With gas prices predicted to rise to as much as $2.50 per gallon in the U.S., there is a way to lower the pump price. Priceline.com announced last week it is launching a Priceline for Gasoline card whereby consumers will be able to name their own price for up to 50 gallons of gas per month.
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(2/28/00) How Do You Score?
The most critical factor used for consumer lending has always been considered a secret. But not anymore . . . thanks to E-LOAN. Starting this week, consumers who set up their customized My E-LOAN account can instantly receive their FICO® credit score.
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(2/28/00) Lawsuit Gets Class
VISA and MasterCard could face billions of dollars in damages if retailers win a lawsuit over accepting VISA and MasterCard-branded debit cards. The escalating liabilities are possible following a federal judge's decision last week . . .
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(2/24/00) Fraud Dip
The war on credit card fraud is being won. VISA U.S.A. reported this week that overall card fraud losses have dropped to an all-time low of six cents per $100 of total transaction volume.
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(2/22/00) Fighting ID Theft
Consumers targeted by identity thieves usually do not know that they have been victims until the hijackers fail to pay the bills or repay the loans, and collection agencies begin dunning the consumers for payment of accounts they didn't even know they had.
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(2/17/00) VISA in the Pits
VISA is getting ready to peel-out with a new NASCAR promotion for 2000. The flag will drop on May 1. During this year's VISA-NASCAR promotion period, motorsports fans will be automatically entered to win one of seven NASCAR prizes each time they use their VISA card.
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(2/15/00) The Rate Dance
Since the first of the year some issuers have stepped up rates while others have stepped down rates. It's the same ole rate dance, just new players.This month Chase Manhattan stepped into the ring with a new Prime Rate card.
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(2/14/00) SkyMiles for E*Trade
It's nothing but blue sky for Delta SkyMiles cardholders. Delta Air Lines and E*TRADE have joined together to awards bonus miles to SkyMiles members who open online trading accounts with E*TRADE.
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(2/11/00) Wannabee Millionaire?
Regis Philbin is handing out a checks for one million bucks to lucky Wards credit cardholders. The best part is the winner does not have to answer a trivia question to get the prize.
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(2/9/00) Discover Ski
No merchant fees and a double cash back bonus! The Discover card is going all out to send card activity up the slopes during February. Ski area restaurants, sporting goods, lodging and recreational services providers in Colorado, Utah, Maine, New Hampshire and Vermont...
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(2/9/00) Amex NBA
If want the inside track on the NBA then you're gonna have to pull out the American Express card. As the official sponsor of the National Basketball Association, American Express offers an exclusive area for cardholders on NBA.com.
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(2/4/00) Phone Free On Valentine's Day
Consumers spent billions of dollars on Valentine's Day items for their sweethearts last year. Not for much longer. Now those people, and everyone else, can cut their expenses through free domestic calling using Net2Phone Direct. . .
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(2/2/00) Fed Rate Hike
American credit cardholders will shell an extra $19 in interest charges over the next twelve months as a result of today's fed rate action. Totally Americans will see interest charges soar by $1.4 billion over the next year.
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