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News Library - April, 2005

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Aiken Card

Aiken Card

American Idol's Clay Aiken has landed a mug shot on a new MasterCard. However, the new "MYplash MasterCard" is a prepaid card that carries a ton of fees. The initial fee to get a card is $16.95, plus a minimum initial load of $10.00. more
Mickey Dee Cards

Mickey Dee Cards

McDonald's is gearing up to launch its gift cards nationwide. Since November the fast food king has been testing the cards in Bakersfield, CA, Kansas City, MO and Seattle, WA. The cards are available in $5, $10, $25 and $50 denominations. more
Debt Know How

Debt Know How

MasterCard has launched a multi-year, consumer education program, designed to give consumers access to free, easy-to-understand tools to help manage their personal debt. The new "Debt Know How" program includes partnerships with financial institutions and ... more
Diners & BA

Diners & BA

Diners Club and British Airways are launching a new promotion that offers U.S. cardholders the option of converting "Club Rewards" points for 50% more. The special deal starts May 2nd and end August 31st. more
Mercedes Cards

Mercedes Cards

The Mercedes-Benz of credit cards was launched this week. The new "Mercedes-Benz VISA Signature" card offers a rewards program that allows cardholders to earn 1.5 reward points for every dollar spent on net monthly purchases, with up to 10 reward points on ... more
Mar Bankruptcy

Mar Bankruptcy

Americans made a stampede to Bankruptcy Court last month as passage of bankruptcy reform was inevitable. A record 165,000 filings were made during March, compared to 152,000 for March 2004. more
Shoe Hacker

Shoe Hacker

The recent theft of credit card and other purchase information from DSW Shoe Warehouse was worse than projected. The firm's parent, Retail Ventures, this week released findings from its investigation that shows transaction information involving 1.4 million ... more
B-Day

B-Day

The clock will start ticking today as President Bush puts his John Hancock on the bankruptcy reform bill recently passed by Congress. The new legislation will take effect in October. more
AMEX & HILTON

AMEX & HILTON

American Express and Hilton have beefed up their co-branded "Platinum" credit card. Under the revised program, cardholders can upgrade to "Gold VIP HHonors" status for spending $20,000 or more on the card in a calendar year. more
Spam Attack

Spam Attack

A recent comprehensive analysis of spam messages sent during March reveals that financial fraud now accounts for 9% to 11% of global spam, up from 3% to 5% a year ago. According to the research, South Korea is the largest source of spam and the vast majority ... more
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