CARDNEWS FOR CONSUMERS
(7/27/00) My-Points Car-Club
The MyPoints.com credit card keeps getting better. This week, MyPoints.com teamed up with J.D. Power Clubs to launch a new membership service. Carclub by MyPoints is a new clicks-and-mortar program which enables MyPoints members to earn points offline for just about everything automotive...
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(7/25/00) Card I-Fraud
Credit card fraud on the Internet is a real problem, not so much for consumers, but rather for merchants. While all major credit card brands waive the online fraud liability for consumers . . . . merchants, not banks, are bearing the brunt of the Internet card fraud problem.
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(7/21/00) iWon Credit Card
Soon you'll be able to win two ways with a new credit card. Capital One and iWon.com announced this week they are launching the iWon-Capital One credit card. The program, scheduled to launch later this summer, will enable iWon cardholders to earn additional entries into iWon's daily sweepstakes.
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(7/20/00) Soccer MasterCard
If soccer is your game, then MasterCard wants your name. Capital One and Major League Soccer this week unveiled the MLS MasterCard and the MLS Cup Sweepstakes. Earlier this year, MLS named Cap One the exclusive credit card issuer of MLS and its 12 member teams.
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(7/18/00) DoughCode
Beginning August 1, consumers can look behind the labels of Hawaiian Punch bottles or cans for a "DoughCode" which can then be entered online for cash prizes ranging $20 to $10,000. The Hawaiian Punch Cool School Cash promotion is being run in conjunction with DoughNET.com and will involve 14 million Hawaiian Punch packages and labels.
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(7/17/00) PartnerAdvantage
Now you can do more with your VISA Business card. VISA U.S.A. unveiled a new program created exclusively for its four million Business cardholders. PartnerAdvantage offers special deals through alliances with top companies in computers, mailing and direct marketing services, business insurance, payroll services, automobile services and hotels.
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(7/14/00) Beamer VISA
BMW is peeling out with two new VISA credit cards. BMW is now offering the BMW Ultimate Card and the BMW Card. The new credit cards will be offered through the BMW Bank of North America, an Industrial Loan Corp. in the state of Utah.
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(7/11/00) Translucent Cards
The coolest trend in credit cards is the advent of translucent credit cards. American Express introduced its first translucent card last September with the new Blue Card and now the first translucent VISA and MasterCard is here.
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(7/10/00) Visa Avion
Canadian frequent flyers can now spread their wings. Royal Bank rolled out this week the Royal Bank VISA AVION Gold card. The new VISA card will replace Royal Bank's Canadian Plus VISA card.
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(7/6/00) Bankruptcy Decline
The number of personal bankruptcy petitions filed in U.S. federal courts has been dropping by an annual rate of 8.3%. According to CardWeb.com's CardData, the percentage of chargeoffs involving bankruptcy has declined from 42.3% to 37.2% over the past twelve months.
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(7/5/00) ATM Gold
If you use an ATM in Arkansas you might strike gold instead of dollar bills. Arkansas Federal Credit Union wanted to raise its maximum ATM transaction amount from $300 to $500 but was concerned about the increased frequency of reloading its machine.
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