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CARDNEWS FOR CONSUMERS
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(7/26/01)
CardLess Cashtown
Residents of Cashtown are putting their credit cards in the sock drawer for
100 hours next week. New Jersey-based Champion Mortgage is launching the
"Great American Credit Card Swipeout" asking the 9,000 families
of Cashtown, Pennsylvania and the surrounding area to sign a pledge to use only
cash for all their consumer needs for the four days beginning at 8:00 a.m.,
July 31.
-READ MORE |
(7/26/01)
School Spending
The screwy economy is affecting this year's back-to-school shopping. American
Express found that parents and teenagers plan to spend an average of $527 on
clothing and school supplies, down $21 or 4% from last year.
-READ MORE |
(7/25/01)
Tax Card
As federal income tax rebate checks hit mailboxes this week, Kmart has switched
the blue light on a special Tax Rebate Cash Card. Consumers who cash their
rebate checks at Kmart may convert their rebate check into a cash card with a
five percent bonus.
-READ MORE |
(7/24/01)
Card Man
A real man is suave, debonair and hopefully uses a Discover Card. Discover
kicked off its Discover Card "Man of the Year" award program this week offering
some neat prizes. Discover Card is inviting sons, daughters, wives and
friends to nominate men who inspire them...
-READ MORE |
(7/23/01)
Opt Out Rumor
Part of the fallout of the new privacy laws that took effect this month is misinformation. A widely circulated anonymous email claims that under the new law, credit bureaus now have the right to release personal consumer information to anyone.
-READ MORE |
(7/20/01)
Jet Set Perk
Celebrities, royalty and corporations do it and now you can do it too! If you have an American Express Platinum or Centurion card and at least $5,000 to blow, you can set up a private jet charter between almost any two points on the planet.
-READ MORE |
(7/18/01)
Chase i-Card
A new Internet-centric MasterCard was introduced this week that offers rewards in the form of a re-loadable, prepaid MasterCard. The new Chase i-Card enables cardholders to earn a 1% reward on each purchase made with the card, online or offline, with rewards received in the form of a Webcertificate, the online gift certificate developed by Ecount.
-READ MORE |
(7/17/01)
BillyWebCard
Billy, the former French Disney star and Disney club host, has moved to the Internet and is now gearing up to unleash a customized, cool debit card for kids. The new
BillyWebCard from BillyWeb.com will be offered in three different versions for three different age levels.
-READ MORE |
(7/13/01)
Debit Rewards
Using debit cards, without the PIN, has rewards. A Missouri bank is offering $25,000 cash and a Florida bank is offering a PT Cruiser as grand prizes in separate VISA Check Card promotions. MO-based Commerce Bank re-launched a promotion this summer to encourage debit cardholders to sign for purchases instead of using a PIN.
-READ MORE |
(7/12/01)
School Supplies
Parents are pulling out their credit cards this summer for metallic gel roller pens, black notebooks for writing in
metallic gel ink, daily organizers, click erasers and Velcro vinyl binders. Totally, parents plan to spend $118 on school supplies this year.
-READ MORE |
(7/11/01)
AirRewards Card
The pioneer of low fixed interest rate credit cards has finally rolled out a rewards card. Connecticut-based People's Bank introduced this week the AirRewards Plus Platinum MasterCard, offering free travel on all major U.S. airlines with no blackout dates.
-READ MORE |
(7/9/01)
Reform Timing
As bankruptcy reform bills are being conferenced in Congress, the majority of Americans believe, that given the uncertain economy and rising unemployment, this is not the time to make personal bankruptcy laws more restrictive.
-READ MORE |
(7/6/01)
CardWebTV
The first TV business news show devoted to the payment card industry was launched this week. The half-hour length, digitally produced 'CardWebTV' program, can be viewed as an on-line or off-line multimedia stream or via a standard VHS tape.
-READ MORE |
(7/5/01)
Mastercard.com
MasterCard has launched a newly redesigned consumer Web site that integrates visual and copy elements of MasterCard's "Priceless" campaign.
-READ MORE |
(7/3/01)
Net-Centric Card
The pioneer of Internet-based credit cards continues to chug along, recently topping a major milestone. NextCard reported last week it surpassed the one million account milestone during June.
-READ MORE |
(7/2/01)
Red Fusion
One of the first smart VISA cards to hit the U.S. market is being infused with more convenience. Starting July 15, Fleet will offer the new Red Fusion smart VISA, featuring 32K of memory as well as a special hot key on future Compaq computers.
-READ MORE |
