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News Library - December, 2001

Hyper Card December, 19, 2001

MasterCard has emerged as the fastest growing credit card network in the USA. As of September 30th, the New York-based card association had 268.5 million domestic cards-in-force, a 20% increase since September 30, 2000. more

PAYROLL MASTERCARD December, 19, 2001

A new credit card linked to your paycheck is in the works. The e-Duction MasterCard enables employees to access a credit line based on their salary and to spread out their purchases up to six months, interest-free. more

DIVIDEND BIZ CARD December, 19, 2001

Business credit cards keep getting sweeter. This week Bank of America is hitting business owners' mailboxes with a solicitation for its new Dividend Miles VISA Business Card. Under the business card version of the US Airways/Bank of America co-branded ... more

FIN VS PIN December, 18, 2001

Punching a PIN to use a debit card may soon be replaced by biometrics. A major credit card terminal manufacturer last week unveiled a new system that utilizes fingerprint-derived identification technology at the point-of-sale that does not infringe upon ... more

Tight Wads December, 17, 2001

Unless Americans pull out their credit cards and jam stores this week, the 2001 holiday shopping season is more or less a bust. With eight shopping days till Christmas, retailers have cut prices so deeply that an "After-Christmas Sale" will be a non-event. more

Citi Smart Card December, 12, 2001

The nation's largest bank credit card issuer and the world's second largest payment card network have jumped into the U.S. smart card arena. Citibank and MasterCard launched the Citi Smart Card this week offering a free smart card reader and a free electronic ... more

Non Event December, 11, 2001

Today's Fed interest rate cut, which will drive the prime rate down to 4.75% over the next 24 hours, will essentially be a non-event for credit cardholders. While a few credit cards may decline in January as a result of today's rate cut, the vast majority of ... more

Dining VISA December, 11, 2001

If you're thinking about buying a gift card for a dining experience, you no longer have to be hemmed-in with a specific restaurant. This week, Mississippi-based The Dinnerguest Company unveiled a prepaid VISA gift card that can be used at nearly any ... more

Stockback MasterCard December, 10, 2001

If you're thinking about jumping back into the stock market there is a new credit card that might get you ahead of the curve and with little risk. Chase and Stockback Capital have teamed up to offer a MasterCard that gives you up to 11% of your purchases back ... more

Office Depot Card December, 7, 2001

The business card market continues to heat up as more and more issuers offer such cards with generous rewards programs. This week, Office Depot and Chase launched a VISA Platinum Business Card that enables cardholders to earn 2 points for every dollar spent ... more

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