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News Library - June, 2004

Showing entries 1 - 10 of 17 Previous [ 1 2 ] Next

Rate Changes June, 30, 2004

Most cardholders across America will see higher credit card interest rates within the next several weeks thanks to today's Federal Reserve action which will likely boost the prime rate to 4.25%. Four of the nation's top ten issuers use the last business day ... more

New Environment June, 29, 2004

Tomorrow will mark a turning point in credit card pricing if the Feds decide to bump up short-term interest rates by 25 bps (0.25%) or 50 bps (0.50%). It is likely there will be two rate increases before the fall election followed by three or four monthly ... more

Rate Hikes June, 28, 2004

If the Feds raise short-term interest rates by 25 basis points this week and continue with subsequent hikes, then credit cards interest rates are likely to rise 19 basis points within two months, and perhaps increase by 96 basis points within nine months, ... more

Diners Club Plus June, 25, 2004

Diners Club, which is in the process of migrating to the MasterCard network in the USA by year's end, is adding a line of credit to its personal card programs. As an incentive, the new "Club Plus Account" will award two bonus points for every $1 transferred ... more

MC & Wal-Mart June, 24, 2004

MasterCard and Wal-Mart have hammered out a new agreement, enabling Wal-Mart customers to resume using MasterCard signature debit cards at all store locations, effective immediately. In December, Wal-Mart announced it would end acceptance of MasterCard ... more

Book Worm Card June, 23, 2004

If you belong to a book club there is a very good chance you'll soon be hearing about the new "Reader's Reward VISA." Providian and Bookspan have rolled-out the new co-branded credit card for members of Bookspan's more than 35 book clubs. more

Choice Privileges VISA June, 22, 2004

The fastest way to free hotel stays has just gotten better with the launch of the "Choice Privileges VISA Platinum" credit card. The new no annual fee card, created by Bank of America and Choice Hotels, enables cardholders to earn bonus points at almost 3,000 ... more

Watch Payments June, 21, 2004

JCB, a leading international credit card provider and the largest credit card issuer in Japan, launched a 2-month on-site trial of its new wristwatch 'Offica'. The Offica Watch, developed in cooperation with Casio, contains employee ID information, allows the ... more

Phishing Tackle June, 18, 2004

A major education campaign to help consumers cut the line on phishing scams was launched this week. VISA USA, the Better Business Bureau, Call For Action, the Federal Trade Commission, and the Treasury Department have partnered to tackle the nasty scam ... more

Bi-National Cards June, 17, 2004

Citigroup announced the introduction of a new bi-national program for Banamex USA credit card customers in the U.S. who want to share their credit lines with family and friends in Mexico. Los Angeles-based California Commerce Bank (CCB), the US banking arm of ... more
Showing entries 1 - 10 of 17 Previous [ 1 2 ] Next
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