CardTrak.com - News Archive

Rate Hike Coming June, 30, 1999

The Federal Reserve boosted short-term interest rates by 25 basis points or a quarter of a point (0.25%) today. Today's action will move most of the nation's larger banks to raise the Prime Rate to 8.00% from 7.75%. more

MasterCard's Homerun June, 24, 1999

How would you like to sit with a living baseball legend at a World Series game? Is that priceless? Or what? Major League Baseball and MasterCard International announced this week a joint promotional program that celebrates the legendary baseball players of ... more

GM Card Hits Hard June, 23, 1999

The General Motors MasterCard has come out swinging with a new solicitation aimed directly at the 'Discover' card, the 'First Card Mileage Plus VISA' and the 'Citibank Driver's Edge MasterCard'. In a direct mail campaign unleashed this week GM has placed ... more

$50 Credit Limit? June, 23, 1999

Suppose you were approved for a new credit card but when the first statement arrives you realize you already racked up more than $350 in card charges without ever using the card? A South Dakota-based sub-prime card issuer has launched a major mailing this ... more

NextCard - PlanetOut June, 22, 1999

San Francisco-based NextCard and PlanetOut, the largest gay and lesbian online community, announced this week a joint Internet marketing agreement to offer co-branded products and card services for PlanetOut members. Under the terms of the $11 million ... more

Miles For Business June, 21, 1999

Small business owners can now get American Airlines miles for purchases made by their employees. Up till now only Northwest Airlines offered such a program to small businesses. This week Citibank and American Airlines are launching a business card version of ... more

SkyMiles Goes Platinum June, 21, 1999

Accelerate your march to Delta elite frequent flyer status with a new credit card from American Express. American Express and Delta Air Lines have launched the 'Platinum Delta SkyMiles Credit Card from American Express'. more

New Color of Plastic June, 18, 1999

Gold cards have generally lost their luster and platinum cards are beginning to tarnish --- so what is the new color of plastic money? According to CardWatch (www.cardwatch.com) the new card colors include black, diamond and titanium. more

It's a Groovy Credit Card, Baby! June, 16, 1999

Austin Powers - the man who marketed himself to death - now has a credit card. And "It's Titanium, Baby!". First USA and New Line Cinema rolled out the new Austin Powers Limited-Edition Titanium VISA credit card yesterday. more

Do It Direct June, 16, 1999

Consumers who do not have access to the Internet, a computer or a credit card can still tap into the electronic age to pay bills. The solution is direct payment. Direct payment allows you to have your bills paid automatically from your bank account. more

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News Library - June, 1999