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News Library - October, 1999

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Citi's Internet Card

It walks and talks like a credit card but is not made of plastic. It's made of virtually nothing! Citibank launched its new virtual credit card that runs on the MasterCard network this week. more

Red Cross VISA

The average Canadian can now develop a philanthropic habit by using a credit card. The Canadian Red Cross and Canada's Royal Bank have teamed up to offer the 'Red Cross VISA'. The bank has already help collect $8 million that Canadians donated to relieve the ... more

AAA ATM Cards

The new VISA TravelMoney card is finally being tested in the USA. The Automobile Association of America, Fleet Boston and VISA have teamed up to test two stored value cards. The two AAA customized products, AAA MemberCash card and AAA MemberOne card, are ... more

Body Slamming MasterCards

Now you can slam down a MasterCard to show support for your favorite professional wrestler. The card can also get you a priority seat at the Nitro Grill. World Championship Wrestling and Capital One have re-launched the WCW MasterCard with new designs and ... more

Canada Online

Internet-based credit cards have spread from the U.S. to the U.K. and now to Canada. Bank of Montreal unveiled the new 'canada.com MasterCard' this week. It is the first co-branded credit card in Canada geared specifically for the online shopper. more

Smarter Wallets

The smart money this year is in digital wallets! The dumb money is web shoppers who repeatedly fill out the same information for online orders. Digital wallets eliminate the tedious and repetitive task of completing online shopping order forms, passwords, ... more

Sam's Upgrades

The name of the game today is to add value and charge a big fee. The nation's largest membership warehouse club unveiled this week the SAM'S Club Elite Membership Card. The upgraded SAM's Club card, which carries a $100 annual fee, offers special discounts ... more

Black and Blue

The brutal competition among credit card issuers has left American Express black and blue. Last week American Express introduced its highest level of cardholder service via the new Centurion Card also to be known as the Black Card. more

33% to Horde Cash for Y2K

Mattresses will be bulging on New Year's Eve! While concern on the Y2K bug has been generally diminishing, American consumers are playing it safe. A new study projects that slightly more than 31 million U.S. households are planning to stockpile some extra ... more

500,000 VISA Signature Card

The VISA card for millionaires has signed up lots of takers in its first year. The VISA Signature card now has more than 500,000 cards. The card is targeted at the 9 million U.S. households with annual incomes above $100,000. more
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