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News Library - January, 2004

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MBNA AmEx Card

Unless VISA and MasterCard get the Supreme Court to stop it, MBNA will begin to issue American Express cards alongside its current range of VISA and MasterCards by the end of this year. The announcement this week of the partnership between the world's second ... more

Rate Picture

While the Feds did not raise short-term interest rates this week, there are indications they may do so before the end of this year. Currently, the spread between the average credit card interest rate and the prime rate remains at its highest level in nearly ... more

Card Mail 04

If your mail is lighter these days, it's probably due to fewer credit card solicitations. Direct mail credit card solicitations may have declined 17%, or by more than 750,000 pieces, last year. more

Fee Fever

Credit card issuers are turning up the heat again on cardholders with hikes in late payment fees, expedited payment fees, and balance transfer fees. MBNA, the nation's second largest issuer and market leader in high cardholder fees, has raised its late ... more

Authenticated E-Transactions

More than half of online consumers indicate they have used some sort of transaction verification service when making a credit card purchase on the Internet. However, 23% don't have a clue about this relatively new option for conducting safer transactions on ... more

Card Metrographics

A new study on a metros' propensity for credit card usage has found that some Southern cities have the highest level of impulse buyers. The research also found that two Northern cities had the highest average monthly expenditures using credit cards. more

DebIT or Forget IT

A new survey shows that half of American consumers would consider walking out of a store without making a purchase if their debit cards were not accepted. Furthermore, nearly two-thirds of respondents said their feelings toward a store would be negatively ... more

Gift Cards

A survey conducted this month has found that 59% of all consumers received a gift card or certificate this holiday season, and that by January 5th, 50% of gift card recipients had already redeemed some or all of their cards. According to the survey, on ... more

Card Miles

Reward credit cards offering air miles, and not affiliated with any airline, average 1.6 cents per mile, significantly less than the 2.5 to 3.0 cents per mile offered by credit cards sponsored by a specific airline. However, the non-affiliated air mile ... more

Elvis Returns

Elvis has been sighted again and this time he is on the front of a "MasterCard Gift Card." There is also a special Web site to order the new, limited edition gift cards, in amounts ranging between $25 and $100. more
Showing entries 1 - 10 of 18 Previous [ 1 2 ] Next