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1998:

News Library - 1998

Driver's Edge Cashback Option July, 20, 1998

Citibank's replacement for its 'Ford VISA/MasterCard' program is being upgraded with more options to give cardholders a longer period to earn rebates toward the purchase or lease of any new car. The 'Citibank Driver's Edge' credit card program, launched in ... more

AmEx Aer Lingus July, 20, 1998

Aer Lingus activated its "EuroFree" promotion Sunday offering free travel to 17 cities in the U.K. and Europe. Aer Lingus passengers using the American Express card to purchase a special APEX transatlantic ticket or higher before Sept. 15 will receive a free ... more

CardWeb July, 15, 1998

CardWeb unveiled this morning several new payment card management tools including an online statistical database service and an online marketing intelligence service. CardWeb also pulled-up the curtain on a totally new Web site design, enabling consumers and ... more

2 Million Bankruptcies by 2001 July, 14, 1998

While the consumer credit industry is pushing hard this week to get Congress to push out bankruptcy reform legislation before the summer break, VISA released stats Monday projecting the number of personal bankruptcies will exceed 2.2 million by the year 2001. ... more

Cards Fight Hooliganism July, 13, 1998

Bull signed contracts Friday to deliver more than 200,000 smart cards to the Belgian football league to tackle football hooliganism, with the blessing of the Belgian government. To improve safety inside stadiums, all fans will have their own smart card and ... more

CardGame Returns July, 10, 1998

CardWeb, Inc. announced this morning the revival of its popular 'CardGame' feature for online visitors to www.cardweb.com.. The new version of 'CardGame' offers consumer visitors the chance to win more than $20,000 in prizes annually. more

Debt Drop July, 9, 1998

American consumers lopped-off more than $3 billion of revolving debt during May according to figures released Wednesday afternoon by the Federal Reserve. For May, revolving credit contracted at an annual rate of 7.4%, a significant shift from last May's 4.6% ... more

Debt Debate July, 9, 1998

In its strongest attack on pending bankruptcy reform to-date, the Consumer Federation of America charged yesterday that card issuers have aggressively stepped up credit card marketing and credit extension while endorsing and promoting tighter bankruptcy laws. ... more

Discovery Card June, 30, 1998

The Discovery Channel will unveil a MasterCard Wednesday to protect endangered species and the environment as well as offer cardholders special savings on merchandise. The 'Discovery Channel Platinum Plus MasterCard' and 'Discovery Channel Preferred ... more

E*Trade Card June, 29, 1998

CA-based E*Trade said Friday it is aiming for total cash management, online, with the launch of a new 'Classic' and 'Platinum VISA' card to compliment its Web site for online investing services. E*Trade and First USA are joining up to offer the co-branded ... more

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