HomeNews › 2000

News Library - 2000 CardTrak.com News Feed

Showing entries 151 - 160 of 189 Previous [ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 ] Next

GM Card Lowers Horsepower

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

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

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

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

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

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

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

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

New Reward Partners

The American Express rewards program is getting bigger and better. Yesterday American Express announced its Membership Rewards partner lineup for 2000 will include a number of new retail and travel partners. more

Card Hacking

Using credit cards on the Internet is at least as safe as using them in the real world, but it is not bulletproof. A Buffalo, New York-based Internet service is the latest victim of hackers seeking to steal credit card numbers. more
Showing entries 151 - 160 of 189 Previous [ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 ] Next