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PayPass Rules

PayPass Rules

The bandwagon for making "tap 'n go" payments with your credit card is growing day-by-day worldwide. For example, the number of "MasterCard PayPass"-enabled cards and devices has soared by 62% over the past year after more than doubling in 2007. more
Credibility Gap

Credibility Gap

A new survey reveals that 58% of Americans would not believe a statement by someone who works for a top financial institution and insurance company. Only 25% of U.S. consumers say banks are honest and trustworthy while 14% say the same of accounting firms and ... more
Priceless Jeans

Priceless Jeans

How about a pair of jeans and a five-day/four-night trip for you and three guests to a destination of your choice? Between July 1st and August 31st, MasterCard U.S. cardholders will be automatically entered for a chance to win such a priceless escape and a ... more
CARD Act Impact

CARD Act Impact

Like retailers who mark up stuff so they can offer a big discount, credit card issuers are beginning to jack up rates and fees ahead of the new regulations that will soon take effect. Some recent examples: Chase, Wells Fargo Financial and Bank of America. more
Card Winner

Card Winner

A Burbank, California gal has won the "2009 ThankYou Gift Card Design Contest" run by Citi. The contest drew more than 1,600 original designs. Nicole Burd's winning Koi fish design now joins several ThankYou gift card designs from internationally renowned ... more
Card Changes

Card Changes

A new survey has found that a third of consumers say their card company has made one or some combination of changes recently. The June poll by GfK found that 19% reported an increase in their interest rate 19%, up from 15% in the February survey. more
Family Card

Family Card

American Express is targeting teens via new features that turns an AmEx charge card into a family charge card. Parents now have the ability to set spending limits for additional cards on one account. more
Card Pain

Card Pain

Credit card losses, a/k/a charge-offs, continued to mount in May, topping 9% for the first time as more consumers deplete their mad money. It is the third consecutive monthly record in the payment card industry's history. more
Summer Promos

Summer Promos

With a little planning you can squeeze more out of your credit cards this summer. Hyatt Hotels, ExxonMobil and Omni Hotels have launched special promotions this month. MasterCard and Hyatt Hotels launched a new "Hyatt Gold Passport" bonus point promotion ... more
Fuzzy Statements

Fuzzy Statements

A global study of credit card statements conducted by an Australian non-profit group has found that the majority of these documents fail to meet the minimum acceptable usability level. Melbourne-based Communication Research Institute tested credit statements ... more
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