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CARDNEWS FOR CONSUMERS
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(1/30/01)
Avoiding Late Fees
Aggressive late fee policies by credit card issuers may drive more consumers
to utilize direct debit for recurring payments and point-of-sale transactions.
-READ MORE |
(1/29/01)
Striking Gold
Credit card colors range from green to black and from silver to titanium.
However the saturation of platinum card marketing has ignited the re-discovery
of gold colored credit cards.
-READ MORE |
(1/25/01)
Biz Miles
The competition in the business card market is heating up as more and more
issuers add air mileage enhancements to the cards. Advanta has launched a major
solicitation this month for its new Bonus Miles MasterCard BusinessCard.
-READ MORE |
(1/23/01)
SuperBowl Survivor
CardWeb.com, Amtrak, Denny's restaurants, Longview RV Superstores, and
Massachusetts radio station KIX Country 979 have teamed up for a SuperBowl
promotion with a "Survivor" twist.
-READ MORE |
(1/22/01)
Real Getaway
MasterCard is launching a sweepstakes this week for a chance to win a vacation
on a private island. The sweepstakes will be featured on this week's Super Bowl
XXXV. The "MasterCard Getaways Sweepstakes" is an online travel promotion,
located on www.mastercard.com.
-READ MORE |
(1/18/01)
Insurance Cards
Debit cards for insurance pay outs are beginning to surface. This week Hartford
Financial Services Group unveiled a stored value VISA card to give
policyholders the option of receiving their claim settlement in the form of The
Hartford Insurance VISA Claim Card.
-READ MORE |
(1/17/01)
I-Fraud Fighter
The Worldwide E-Commerce Fraud Prevention Network went online this week.
Merchantfraudsquad.com is the first initiative of the fraud prevention network,
a not-for-profit organization formed last fall by American Express
-READ MORE |
(1/16/01)
Discover Generosity
The Discover Card is expanding its roster of beneficiaries for the CashBack Bonus Award program. The Juvenile Diabetes Research Foundation International will join the Make-A-Wish Foundation and Communities In Schools as beneficiaries of the Discover Card program.
-READ MORE |
(1/12/01)
Revealing Scores
The mystery of credit scores is fading away as one of the big three credit
bureaus is gearing up to reveal and analyze the info for consumers.
-READ MORE |
(1/11/01)
Beam Me Up
You may whip out your Palm instead of your credit card to pay for hotel room
in the not too distant future. Palm unveiled its new eWallet this week, which uses
an infrared beam to conduct payment transactions.
-READ MORE |
(1/10/01)
Phast Food
In the near future you may trade your cell phone for a hamburger. Mobile phone
giant, Nokia, unveiled this week a new SmartCover that will enable users to
have their cell phones scanned to make purchases.
-READ MORE |
(1/3/01)
January Surprise
The Federal Reserve handed American consumers a New Year's surprise today in the form of a rate cut. While the half-a-point rate cut will immediately revive the stock market it will also drive down interest rates for consumer loans, especially credit cards.
-READ MORE |
(1/2/01)
Holiday Blues
The 2000 holiday shopping season did not a happy Santa make. While Internet
shopping and credit card usage enjoyed their best year ever, overall the
biggest shopping season of the year was a bust.
-READ MORE |
(1/2/01)
Slamming Charges
A Florida woman who just wanted to see The Who in concert had her credit card
slammed with unwanted charges from two of America's top brand names. Her
frustration in clearing up the problem has given way to a major federal lawsuit
against Ticketmaster and Time, Inc.
-READ MORE |
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