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News Library - August, 2002

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Mileage Plus

Faced with a possible bankruptcy this fall, United Airlines is reaching out to its "Mileage Plus" and "Mileage Plus VISA" cardholders with assurances that earned air miles are safe and secure. The company has also gone to great lengths to assure cardholders ... more

Point Psychology

Reward programs linked to credit cards, retailers, airlines and hotels can bring out the best or the worst in people. A first-of-its-kind member study of the "Priority Club Rewards" program has identified six distinct behavior patterns of people playing the ... more

SuperScrip Card

Fundraising for non-profit organizations has been simplified with the advent of a new stored value American Express card. The "SuperScrip Card," will sell in denominations of $25, $50 and $100 to non-profits at a 5% discount per card. more

Credit Tightening?

Some credit card issuers are tightening the screws on new applicants. A survey on lending practices shows that 14.7% of domestic banks indicate they had tightened standards on credit card loans over the past three months, however terms and conditions on ... more

Cruise Cards

Credit cards associated with cruise lines are sailing to new heights with the introduction of Norwegian Cruise Line's suite of MasterCards. The new program, issued through MBNA, offers an extremely generous rewards program. more

AmEx Tennis

American Express is scoring an ace with this year's US Open with lots of new goodies for cardholders and a new advertising campaign that leverages the "Official Card" status AmEx holds with the major tennis event. AmEx is also beefing up a special Web site to ... more

Financial Survival

A new, free financial education program has been released for college students which uses interactive discussions of specific financial situations and choices available to young consumers. The Consumer Federation of America and MasterCard International have ... more

Money Skills

More than half of U.S. parents are using the traditional back-to-school season as an opportunity to teach their children basic money management skills. An annual survey conducted by VISA also found that more than 90% of parents want students to learn ... more

Subaru MasterCard

Subaru of America is shifting into all-wheel drive with the re-launch of its MasterCard program through Chase Manhattan Bank. The new "Subaru Platinum MasterCard from Chase" offers cardholders the opportunity to earn "SubaruBucks" on 3% of all net purchases, ... more

Debit Fees

A new study shows that one out of four U.S. financial institutions impose a transaction fee on all or part of their debit cardholders. Roughly half of these institutions impose a transaction fee on all debit cardholders when they make an online, or PIN-based, ... more
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