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News Library - January, 2002

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Cruise Card January, 31, 2002

MasterCard has teamed up with Travelocity.com to offer a free 'MasterCard Gift Card' in return for booking a cruise. Travelocity.com is also offering cash-back on top of the MasterCard incentive. more

Sinking Profits January, 30, 2002

While some credit card issuers have racked up record profits this year due to the cuts in interest rates, a few issuers are experiencing their worst year ever. American Express and CompuCredit are the latest victims, following others such as Providian and ... more

Building America January, 28, 2002

The National Association of Cities has launched an awesome Web site and a co-branded MasterCard corporate card geared specifically toward municipal governments. The corporate card was introduced in conjunction with the launch of the NAC ‘Building America’ ... more

Debit Mileage January, 25, 2002

Debit card users can start racking up air miles on the nation's largest airline and also take a stab at winning one million miles. Citibank, American Airlines, and MasterCard have teamed to launch the 'Citibank AAdvantage Debit Card' this week. more

REI Visa January, 24, 2002

The best place to buy outdoor stuff has just sweetened up its offerings with a new rewards VISA card. Washington state-based Recreational Equipment and U.S. Bank launched the 'REI Classic VISA' and 'REI VISA Gold' cards this week. more

Do Not Call January, 22, 2002

The government wants to help consumers stop the barrage of unwanted calls, including phone solicitations for extra services offered by credit card issuers. The Federal Trade Commission has proposed to establish a national "Do Not Call" registry which will ... more

Card Beams January, 18, 2002

In the not too distant future, consumers will be able to purchase fast food via beams of infrared light. There are about 150 million portable devices capable of infrared messaging in use around the world. more

Speedy Checkout January, 17, 2002

The days of standing in a long checkout line may soon end as new gizmos hit the market this week for retail merchants. The new handlheld, wireless devices enable store associates to tally customers' purchases while they are standing in line, thus speeding up ... more

Credit-ED January, 16, 2002

With college seniors now carrying 3.9 credit cards representing total debt of $4,134, some students are apparently flunking personal debt management. Citibank says a recent survey it conducted showed that although the majority of respondents understand the ... more

CardMail January, 15, 2002

Anthrax fears did not slow down the volume of credit card mail solicitations as card issuers dumped an all-time monthly record of card offers in the mail during October. Approximately 477 million solicitations for credit cards were sent to U.S. households ... more
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