CardTrak.com - Most Trusted Source of Credit Cards Since 1986

Library:

• Latest
• Search
• 2008
• 2007
• 2006
• 2005
• 2004
• Older News

2004:

• Feb
• Mar
• Apr
• May
• Jun
• Jul
• Aug
• Sep
• Oct
• Nov
• Dec

News Library - October, 2004

Payment Rates October, 29, 2004

The average amount that consumers pay each month on their credit cards has been steadily rising, hitting a record high in September. The increasing payment rates have slowed the growth of total revolving credit card debt to about 4% per year, a record low. more

Gas Cutter October, 28, 2004

East Coast SUV owners will love a new credit card that gives 10% cash back on gas purchases for the first 90 days, and 5% thereafter. With pump prices well above $2 per gallon, the new "HESS VISA Platinum" card can cut $5 or more off each fill-up during the ... more

Gen X Debt October, 27, 2004

Credit card debt among young adults between the age of 25 and 34 has increased 55%, while credit card debt among the youngest adults, between 18 and 24, has skyrocketed 104% since 1992. The average indebted young-adult household (aged 25-34) now spends almost ... more

Got Float? October, 26, 2004

Next week could be a nightmare for consumers who make bill payments before depositing their paycheck. The days of playing the float with your checking account will end this week, giving consumers one more reason to pay their bills with a credit card instead ... more

Blue Rewards October, 25, 2004

Before the end of this year, American Express cardholders enrolled in the "Membership Rewards" program will be able to transfer points directly into JetBlue's loyalty program. AmEx and JetBlue have also launched a "Pack for Paradise" flyaway sweepstakes to ... more

Bills on Plastic October, 22, 2004

Americans will shift $125 billion of household bill payments onto credit and debit cards this year, more than double the figure three years ago. Fast food, another emerging area for payment card use, should top $25 billion this year, double the 2003 level. more

Ring-Necked Card October, 21, 2004

A non-profit conservation organization has teamed up with a major bank to launch a credit card that will help put pheasant habitat on the ground. The new "Pheasants Forever VISA" is aimed at the 2.5 million pheasant hunters across the country. more

Merrill Makeover October, 20, 2004

VISA and Merrill Lynch have teamed to launch a special promotion offering a lifestyle make-over worth $1 million. The "Merrill Lynch Million Dollar Make-Over" offers one grand prize that includes a personal make-over, designer wardrobe, home interior ... more

Gift Cards October, 19, 2004

About 139 million Americans have purchased and/or received a gift card in the past 12 months, nearly double the 2001 figure. Also, the average number of gift cards purchased by a consumer has increased from 4.1 cards per year to 6.9 cards per year since 2001. more

Fatburger Cards October, 18, 2004

My "Big Fat Gift Card" has been an astonishing hit at the "Last Great Hamburger Stand." Fatburger Restaurants says it is selling six times more in gift sales since it switched from paper gift certificates to plastic gift cards. more