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News Library - 2002 CardTrak.com News Feed

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Top 10 Toys

Consumers will be whipping out their plastic for classic toys such as LEGOs and Play-Doh this holiday season as well as some new toys like Air Rebound and the 14-inch Ultra Pose N' Stick Spider-Man. A recent survey found that kids listed as many "classic" toys ... more

MasterCard Stats

MasterCard passed the 300 million mark in U.S. payment cards during the third quarter. Gross dollar volume for the third quarter hit $155.9 billion compared with $125.0 billion for the 3Q/01, a 24.7% increase. more

Imagine A Million

Diners Club has launched its "Imagine A Million Sweepstakes" offering a grand prize of one million "Club Reward" points. Diners is also awarding 16 monthly prizes, including ten 10,000 point awards, five 50,000 point awards, and one 100,000 point award. more

Bankruptcy Reform

It looks like bankruptcy reform is a done deal after the House decided to drop the controversial abortion clinic provision attached to the bill. And, with the Republicans coming into full control next year, you can bet your bottom dollar the new bankruptcy ... more

Holiday Shopping

Bargains and "practical" gift-giving are the best descriptive terms for holiday shopping this year, as Xmas retail sales may climb a mere 5% over 2001. This year's holiday budget is expected to be $1,656, a modest increase from the $1,564 projected in 2001. more

Fast Food & Cards

Fast food and credit cards seem to come together like fries and burgers. A new study shows that consumers will opt for the apple pie, or other extras, when using credit cards in quick service restaurants. more

Family Account

MasterCard and Texas-based Town North Bank/TNB Card Services have teamed to offer, next year, an account that connects all the members of a family to one credit line. The primary cardholder of the new "MasterCard Family Account" determines who in the family, ... more

DINERS vs AMEX

Diners Club has come out swinging at the new American Express reward cards. Diners says AmEx's point earning schedule is lousy and AmEx lacks flexibility since it has fewer major airline partners. more

Rate Cut

With the prime rate sinking to 4.25%, some credit cards will dip lower, but don't hold your breath. This week's surprise rate cut by the Feds may have little effect on the bank credit card industry where fixed interest rates abound. more

US AirMiles

Cardholders of the "U.S Airways Dividend Miles VISA" card from Bank of America have greatly expanded their horizons this month. U.S. Airways "Dividend Miles" members can now earn milers worldwide on United and United Express flights. more
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