The largest general purpose gift card program in the U.S. is handing out 20,000 free cards between now and the end of the year. Simon Malls, along with VISA and retailers in its 160 malls nationwide, has launched the instant-win holiday sweepstakes offering ...
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New bankruptcy laws, minimum payment rules and Katrina have set up a perfect storm for credit card issuers. The sheer magnitude of the spike in bankruptcies experienced immediately before the new legislation became effective was larger than most credit card ...
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If airline status is your game, then you might want to shell out $50 and board the elite status flight on United. Between November 20th and December 28th you can earn miles toward elite membership status in the United "Mileage Plus" program by using your ...
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The Olympic Winter Games are already underway - in the virtual world, that is. VISA has launched an online game that pits players from 23 countries in an international competition. The "VISA Championships-Torino 2006" will take the national winner (and a ...
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Overall retail spending on credit and debit cards has been running about 9.5% above year-ago levels but slipped to just a 1.4% gain last week as the nation gears up for the official start of the 2005 holiday shopping season next week. This year consumers are ...
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This year gift cards have ranked as #4 among the list of favorite items consumers plan to give during the holiday season. About 57% of Americans plan to purchase gift cards this year, spending on average $339.
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Americans will use general purpose credit/debit cards and store credit cards to charge about $120 billion in retail sales this holiday season. The figure is about 5.4% above last year.
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Revolving consumer credit crossed the $800 billion mark in September, marking the first time Americans have crossed that threshold. During the third quarter consumers added $5.3 billion in revolving debt, mostly credit card debt, although the increase is ...
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The amount Americans are paying each month on their credit card bills has blasted through the 19% level and is now the highest in nearly 15 years. The monthly payment rate has remained above 18% for the past four months.
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Personal bankruptcy petitions in September set an all-time high, topping 200,000. It is expected that filings for the first two weeks of October may exceed 300,000. Filings for the week ending October 15th were 205,129.
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