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News Library - April, 1998

Voters Want Bankruptcy Reform April, 24, 1998

America’s voters believe that the Federal law allowing forgiveness of debt should be reformed, according to survey results released Wednesday. Asked to respond to a recent study concluding that those declaring bankruptcy were forgiven $4 billion in debt they ... more

AmEx Expands Platinum Free Tix April, 23, 1998

American Express announced Wednesday that Ireland’s Aer Lingus and Aerolineas Argentinas, have joined the Platinum Card International Airline Program. The program, one of the benefits of the Platinum Card from American Express, offers Platinum Card members ... more

POS_ATM_Use_Up April, 21, 1998

Cardholders are using ATM cards for POS and ATM transactions an average of 15.4 times per month, three times more per month than 1996, according to the STAR ATM network. Much of this increased use can be attributed to the growth in POS usage, which jumped ... more

Gathering Steam April, 20, 1998

Following a sluggish January revolving credit picked up steam in February with a seasonally adjusted annual growth rate of 8.8%. According to February consumer credit figures released by the Federal Reserve, overall consumer credit is growing at an annual ... more

Bloody Mad April, 20, 1998

U.K. cardholders are getting tangled up in late payment fee policies for credit cards and they're hopping mad about it. According to yesterday's London Daily Mail, MBNA and NatWest are hitting U.K. cardholders with late fees if the payment is not posted by ... more

Intl Cash Tips April, 9, 1998

When traveling overseas, don't forget to pack the cash. Fodor's Travel Publications, Inc., America's leading travel authority, offers tips on traveling with foreign currency. "Many travelers are so used to relying on plastic or travelers checks that they ... more

Check Card Speeds Check Out April, 7, 1998

Americans spend an average of 22 minutes waiting in check-out lines to pay for purchases or services each day which adds up to over two and a half hours a week, or more than five days a year, according to a survey commissioned by Visa U.S.A. To add to the ... more

Family Golf Joins AmEx Prog April, 2, 1998

Family Golf Centers, Inc. announced wednesday that it has entered into a marketing relationship with American Express that will enable American Express cardmembers to earn or purchase gifts, golf practice privileges and golf instruction at Family Golf Centers ... more

No Fooling April, 1, 1998

April 1 has been designated "Set Realistic Expectations Day" by the Securities and Exchange Commission as part of its week-long "Facts on Saving and Investing Campaign." American Express is encouraging consumers to bite the bullet and reduce card debt. more

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