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CARDNEWS FOR CONSUMERS
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(10/31/00)
Million Mile March
The largest air mileage giveaway in history is underway. Between now and Jan.
8, Citibank and American Airlines will award one million miles per day. In all,
Citi and AA will give away 100 million AAdvantage air miles.
-READ MORE |
(10/30/00)
Double Double Dip
Hilton is doubling its Double Dip program for the next few months. Hilton
HHonors' participating hotels are already the only hotels in the
world that offer both points and miles for the same stay, also known as the
"Double Dip".
-READ MORE |
(10/27/00)
Smart VISA #3
The nation's second largest bank credit card issuer has jumped on the smart
VISA bandwagon. Bank One/First USA is introducing its new smart VISA card in
early November.
-READ MORE |
(10/26/00)
Future Wallet
Not long from now your wallet might resemble a Palm device. WearLogic has come
up with a physical wallet that combines a personal digitial assistant with
personal mobile commerce tools.
-READ MORE |
(10/25/00)
Platinum Hilton
The American Express Hilton HHonors credit card has gone platinum. The
no-annual-fee rewards card offers 7,500 bonus points with the first purchase
and three points for every eligible dollar of spending.
-READ MORE |
(10/24/00)
Serious Buxx
Bank of America is offering four grand prizes of $10,000 to teens applying for
the new VISA Buxx card. BofA is also offering a free Polaroid i-Zone Instant
Pocket Camera to all applicants for the new pre-paid reloadable stored-value
card.
-READ MORE |
(10/23/00)
Extra Perks
Here is your chance to easily rack up some serious air miles! By signing up
with the Northwest Airlines WorldPerks program between now and Dec. 15 you can
earn up to 40,000 Bonus Miles.
-READ MORE |
(10/20/00)
Holiday Card Wars
With the holidays just around the corner, credit card issuers are gearing up
with some great deals to ring Santa's bell. At least four major issuers are
dangling short-term 0% intro APRs in front of U.S.consumers while other issuers
are offering low single digit APRs, smart cards and a jazzed up Titanium card.
-READ MORE |
(10/19/00)
SIFE to the Rescue
With students flunking financial literacy VISA and SIFE are gearing up to offer
personal finance lessons next month.
Students in Free Enterprise and VISA U.S.A are launching a special competition
as part of "Responsible Use of Credit Week", November 5-11.
-READ MORE |
(10/18/00)
Diners Club - 50 Years
Diners Club is celebrating its Golden Anniversary this year. It has been 50
years since it introduced the world's first charge card and founded an industry
that has revolutionized the way people and companies purchase goods and
services.
-READ MORE |
(10/17/00)
Subway Super Bowl
New Yorkers might have a ticket to this year's Super Bowl in their pockets.
Between now and November 26, transit customers who use their VISA card to
purchase a MetroCard at any MetroCard Vending Machine or online are
automatically entered into a sweepstakes. . .
-READ MORE |
(10/16/00)
No Bill For Bill
President Bill says "No" to the bankruptcy reform bill. Last week the U.S.
House passed the Bankruptcy Reform Act of 1999 and the U.S. Senate is likely to
take its vote on the same bill at the end of this week.
-READ MORE |
(10/13/00)
Amex Teen Card
Move over VISA Buxx here comes an American Express card for teenagers. This
week, American Express and San Francisco-based Zowi Corp. unveiled the
Cobaltcard, a stored value card for teenagers, age 13 and up.
-READ MORE |
(10/12/00)
Super Debit Cards
Most ATM/debit cards are stripped down cash/payment cards with little extra
value. However Chase Manhattan Bank is breaking away from the pack with a new
set of jazzed up ATM/debit cards offering special perks and even air miles.
-READ MORE |
(10/11/00)
Cards For Bags
An airline has come up with a program to issue stored value debit cards to
passengers with lost luggage. Swissair and Sabena airlines are offering
passengers who are waiting for lost luggage to be found, MasterCard debit cards
to cover costs for immediate needs.
-READ MORE |
(10/10/00)
Out of Gas
The Priceline Blue Gas Card and Green Grocery Card have run out-of-gas and are
headed for the check-out. The Priceline WebHouse Club announced last week it is
closing shop over the next 90 days after failed efforts to raise more working
capital from investors.
-READ MORE |
(10/6/00)
Infinite Card
The sky is the limit with a new VISA card designed for the well heeled.
National City Corp's Private Client Group will introduce the VISA Infinite card
in mid-Oct.
-READ MORE |
(10/5/00)
BMG VISA
Earning free CDs, concert tickets, audio equipment has never been easier.
Capital One and BMG Entertainment have teamed up to offer a co-branded bank
credit card.
-READ MORE |
(10/4/00)
Big Type Rules
By this time next year you'll be able to throw away the magnifying glass you
used to read the fine print for credit card offers. The Federal Reserve Board
is making card issuers use 18-point type to disclose credit card interest
rates.
-READ MORE |
(10/3/00)
Double Vision
No, you are not seeing double. The new advertisements from Delta and American
Express are now offering you double miles. Starting this week, cardholders will
be able to earn two SkyMiles for every eligible dollar charged to the
Delta/AmEx card for purchases. . .
-READ MORE |
(10/2/00)
Deadbeat Trend
The number of American cardholders paying off credit card balances in-full each
month continues to rise. The trend is largely attributed to aging baby boomers
who have switched gears when it comes to credit cards.
-READ MORE |
