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News Library - 2006

Xmas Spend November, 20, 2006

Americans will likely use general purpose credit/debit cards and store credit cards to charge nearly $135 billion in retail sales this holiday season. While overall spending via all payment means will rise between 5.0% and 7.5%, the figure for payments cards ... more

Free Homes November, 16, 2006

MasterCard is giving away two homes and has added a "Daily Instant Win Game" to its annual "A Home for the Holidays" sweepstakes. Each time U.S. cardholders use their MasterCard cards, thru December 31st for U.S.-based purchases, they will be automatically ... more

Upper Crust Rewards November, 15, 2006

The king of cards for the well-heeled has rolled-out the ultimate rewards program, offering everything from fine jewelry to grand pianos to a Lamborghini lease. The new American Express "First Collection" rewards is exclusive for its "Platinum" and ... more

Fastest Pay November, 14, 2006

Americans are tired of long check-out lines held up by people who insist on using cash or worse yet . . . check writers. VISA has launched what may be its best ad yet to communicate that payment cards are the fastest way to pay. more

Aflac Card November, 13, 2006

Macy's is offering, for the first time, special "Aflac Holiday Duck" gift cards this year. This is the sixth year that Aflac and the department store have partnered to sell "Aflac Holiday Ducks" raising more than $1 million since the program began. more

Mascot Race November, 9, 2006

Capital One, the nation's fifth largest credit card issuer, has launched a final push to get-out-the-vote for its annual favorite college football mascot contest. Twelve mascots are currently being voted on with playoff voting to start November 27th. more

BP Card November, 8, 2006

BP and Chase have fueled up a new gas credit card that offers cardholders two percent in rebates on "Amoco Ultimate" fuel purchases, BP's premium grade gasoline. The new "BP Card" is the only private-label oil card to offer ongoing rebates for card purchases. more

Payment Rates November, 6, 2006

Monthly payment rates, the amount that cardholders pay on their credit card debt, topped the 21% level again in September, driven by higher minimum payments in the sub-prime sector. However, as dependence on revolving credit grows with declines in home equity ... more

MasterCard Anniversary November, 3, 2006

MasterCard Worldwide, founded in 1966 as the Interbank Card Association, celebrated its 40th anniversary this week at its Global Technology and Operations Center in O'Fallon, Missouri. Earlier this week, the Company reported its first full quarter as a ... more

SimplyCash Card November, 2, 2006

A no-annual-fee business credit card has been launched that offers cash back on virtually all purchases and automatically delivers the rewards each month as a statement credit. The new American Express "SimplyCash Business Card" gives cardholders 5% cash back ... more