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News Library - 2004 CardTrak.com News Feed

Showing entries 161 - 170 of 210 Previous [ 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 ] Next

Grace Periods March, 22, 2004

The time between the monthly closing date and payment due date, or the grace period, has been steadily shrinking over the past decade from 27.8 days to 20.6 days. The "grace period" is also jokingly referred to as the time during which you pray to come up ... more

Over-Limit Fees March, 19, 2004

Fees for exceeding the credit limit increased at a slightly faster pace than late fees last year. During 2003, the average over-limit fee increased 4.8%, compared to 4.6% for late payment fees, ending the year with an average fee of $29.23. more

Debit Backlash March, 18, 2004

Americans love their debit cards and are unhappy when merchants refuse to take them. Nearly 90% of consumers say they would you take their business elsewhere if a merchant refused to accept their VISA or MasterCard-branded debit card. more

Financial Needs March, 16, 2004

A new research report has found that nearly two-thirds of Americans prefer to have all their eggs in one basket when it comes to their financial needs. However, the study found that 77% of consumers currently use a credit card from a financial institution ... more

Robust Credit March, 15, 2004

This year came in like a lion, as the pace of revolving credit picked up substantially in January. Americans added $5.4 billion in revolving credit in the first 31 days of 2003, compared to $3.1 billion for January 2002. more

Card Colors March, 12, 2004

The range of card colors is heading down scale from gold, platinum, and titanium, to bronze and silver cards. This week, Citibank introduced the "Citi Bronze AAdvantage MasterCard" for frequent travelers, and Household Bank/Orchard Bank is currently promoting ... more

Citi Secured Card March, 11, 2004

The nation's largest credit card issuer is now targeting Asian and Hispanic immigrants who have little or no credit history with a new credit card. The secured "Citi MasterCard" is linked to an 18-month CD and requires annual income of at least $8,000. more

Late Fees March, 10, 2004

After doubling between 1994 and 1999, increases in late payment fees on credit cards has slowed considerably. During 2003, the increase in late payment fees slowed to its lowest level in more than a decade. more

35% Gold March, 9, 2004

Notwithstanding a current 4% prime rate, you could pay an APR as high as 35% for a major credit card. Miss payments and the rate could go as high as 41%. CompuCredit and Columbus Bank & Trust have restarted marketing of the "Aspire VISA Gold," targeted at ... more

Card Influence March, 8, 2004

A new survey has found that online marketing and Web sites have a dramatic impact on the further learning and purchase decision phases of the consumer purchase process. Furthermore, in the credit/banking segment, Web sites ranked as the "most influential," ... more
Showing entries 161 - 170 of 210 Previous [ 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 ] Next