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1999:

News Library - 1999

Card Scams Squashed August, 16, 1999

The FTC and its enforcement partners shut down a number of scams last week involving the payment of an advance fee for a VISA or MasterCard. The Federal Trade Commission, state Attorneys General from six states and state banking officials were involved in ... more

College Credit Ed August, 16, 1999

College students will be bombarded this fall with the question "Are You Credit Wise?". The United States Student Association and MasterCard International last week announced a joint program to begin student-to-student personal finance training on college ... more

Debit Air Miles August, 13, 1999

Rewards for debit card use is catching on and has now spread to Canada. Bank of Montreal this week became the first bank in Canada to offer rewards for debit card purchases. Bank of Montreal launched the 'Double Dip with Debit' Air Miles program this week in ... more

Marcus Reward Cards August, 12, 1999

You've probably never heard of the name "Marcus Corporation" but this mid-west hotel operator has unveiled an interesting suite of new reward MasterCards. Wells Fargo/Norwest Bank and The Marcus Corp teamed up this week to offer four new reward MasterCards. more

Bankruptcy Decline August, 12, 1999

While bankruptcy reform makes it way through Congress the number of personal bankruptcies in the U.S. is declining for the first time in four years. According to statistics released this week by Administrative Office of the U.S. Courts, new bankruptcy filings ... more

No Expiration August, 11, 1999

One of best deals among VISA, MasterCard and American Express reward cards just got better. As of now all major U.S. air carriers have dropped the mileage expiration requirement from their frequent flyer programs. more

Biz FMA August, 11, 1999

Business owners can now have their cake and eat it too. Citibank/Travelers Bank and Salomon Smith Barney joined up this week to roll out a 'Financial Management Account' for businesses. more

Lycos MasterCard August, 10, 1999

Fleet Credit Card Services announced this morning the immediate availability of the 'Lycos MasterCard' throughout the Lycos network of web sites. The new card comes in two card designs and carries an introductory APR of 2.9% for five months and includes ... more

Photo VISA Check Card August, 10, 1999

Bank of America has introduced the 'Photo Security VISA Check Card' in California featuring a customer's photograph and signature on the front of the debit card. Bank of America also offers a 'Photo Security VISA Credit Card' in California. more

Piling It On August, 9, 1999

It might be extremely dry in some parts of the U.S. this summer but when it comes to revolving debt it is anything but a drought. American consumers piled on another $5 billion to revolving debt during June according to figures released last week by the ... more

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