CardTrak.com - News Archive

Gone Fishin March, 31, 2000

Catch a record size bass and win a million bucks. What a country! VISA and Wal-Mart have teamed up to sponsor the richest promotion in the history of fishing. Competitive bass fishing's prestigious Wal-Mart FLW Tour will offer FLW Tour anglers and fishing ... more

Card Clicks March, 29, 2000

Consumers love shopping for credit cards over the Internet but are less likely to respond to mortgage offers. And some consumers are damaging their credit ratings by responding to too many online credit offers. more

GM Card Lowers Horsepower March, 28, 2000

Nearly eight years ago a new MasterCard appeared that revolutionized the credit card industry. Like other credit cards offering rewards, the trend setting General Motors MasterCard issued by Household Bank, has downshifted. more

Card Trash March, 23, 2000

American consumers are increasingly turning to the Internet instead of their mailboxes for credit card offers. Tarrytown, NY-based BAIGlobal reported this morning that U.S. card issuers dumped 2.87 billion solicitations in the mail last year. more

9.00% Prime Rate March, 21, 2000

The Feds did it again ! For the second time this year the FOMC voted today to raise interest rates driving the Prime Rate to 9%. As a result, American credit cardholders will shell out an extra $19 in interest charges over the next twelve months. more

Smokin Debit March, 15, 2000

Credit, debit and business card use is now at an all-time high. About 26 cents of every $1 in U.S. discretionary consumer spending is on plastic. VISA says debit card use is growing nearly four times as fast as credit card use. more

Card Millionaires March, 14, 2000

Discover kicked off 2000 by awarding a million bucks to one lucky cardholder. This month VISA named a card millionaire in its holiday sweepstakes with AOL. Now the Wards credit card is making millionaires, five to be exact. more

Convenience Drives Cards March, 13, 2000

Nearly half of Americans say they prefer to write fewer checks while more than 50% say they prefer not to carry cash around. Therefore consumers are using their credit and charge cards more than ever to charge everything from property taxes to groceries to ... more

Bankruptcy Diminishes March, 9, 2000

Even though Congress continues to reconcile differences in the bankruptcy reform legislation recently passed by the House and Senate, the bankruptcy landscape is changing. According to CardData (www.carddata.com), the percentage of gross credit chargeoffs ... more

Fleet Super Card March, 8, 2000

A super-duper business card is hitting the market this month. MasterCard, AmSouth Bank and Comdata Corp. have teamed up to deliver a new fleet card that combines credit, debit and purchasing card capabilities. more

CardTrak.com - Most Trusted Source of Credit Cards Since 1986

Library:

2000:

News Library - March, 2000