CardTrak.com - News Archive

Universal Default July, 29, 2005

A new study has found that some credit card issuers will jack-up your interest rate to 30% or more if they become aware you have opened a new card account or applied for a car loan or mortgage. The "universal default" business practice, unique to the USA, can ... more

Travel Benefits July, 28, 2005

Most cardholders do not realize that most major credit cards carry special benefits for travelers. Among the biggest benefit to using credit cards while traveling is that they offer the safest way to make transactions and if a credit card is lost or stolen, ... more

15% Impact July, 26, 2005

A new study has concluded that 85% of debtors who file for bankruptcy under Chapter 7 would still be eligible for Chapter 7 when the new bankruptcy laws go into effect this fall. The data also show that 73% of current Chapter 13 debtors' incomes were below ... more

Nuggets & Cards July, 25, 2005

McDonald's and payment cards are coming together like chicken nuggets and fries. The fast-food behemoth recently acknowledged that accepting payments cards has been a key driver of sales this year, delivering higher than average ticket-lift and faster service ... more

Venus vs Mars July, 22, 2005

When it comes to credit card perks, men and women are from two different planets. A new study has found that most men (25-34yrs) prefer cash-back, while the most alluring feature for women is points redeemable for travel, stuff and such. more

Make-A-Wish VISA July, 21, 2005

Charge-A-Buck and help Make-A-Wish with a new VISA card. Bank of America and the Make-A-Wish Foundation have introduced a credit card that generates 65 cents to the charity per $100 charged by the cardholder. more

JetBlue Card July, 20, 2005

JetBlue's first credit card program took off today offering consumers a way to earn free flights from flying and buying. The "JetBlue Card from American Express" earns "Award Points" which are automatically converted to "TrueBlue" points. more

School Spending July, 19, 2005

U.S. parents are expected to spend an average of $573 this season for back-to-school stuff. More than half of parents with children college age or younger said they plan to use payment cards for back-to-school purchases with 27% citing they plan to pay by ... more

Card Mail July, 18, 2005

The number of credit card solicitations sent to consumers could approach a record six billion this year. During the first three months of 2005, more than 1.4 billion credit card offers were in the mail system. more

CUs vs Banks July, 15, 2005

While credit cards issued by banks carry lower average interest rates than those issued by credit unions, there are huge differences in the fee structures between the two issuers. A new report has found that national credit unions have, on average, lower ... more

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News Library - July, 2005