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News Library - 2006

Freedom Card September, 19, 2006

A new rewards credit card for switcheroos has been launched by the nation's second largest issuer. The "Chase Freedom VISA" enables cardholders to seamlessly change between cash back and points. more

July Debt September, 18, 2006

Revolving consumer credit soared to a record of more than $840 billion in July. Based on revised figures revolving debt rose 13% in both May and June. However, the growth slowed down to an annual rate of 3.4% in July. more

ESPN VISA September, 15, 2006

VIP access to sports events, pre-draft pro football parties, private parties at ESPN Zone and ESPN golf schools are among the perks and rewards you can earn with a brand new credit card. The new "ESPN Total Access VISA" rewards cardholders with five points ... more

Pink Ribbon Card September, 14, 2006

Starting tomorrow a major shopping mall operator will offer a "VISA GiftCard" that will support the fight against breast cancer. For each card sold the new "Simon Pink Ribbon Giftcard" will generate $1 to the Susan G. Komen Breast Cancer Foundation. more

Travelocity MC September, 14, 2006

The "Travelocity MasterCard" has been re-launched with a new and improved rewards program that has no blackout dates or travel restrictions and can be redeemed online for travel on any airline, hotel, car rental company, or flight + hotel package available on ... more

Kitchen Makeover September, 13, 2006

MasterCard and Home Depot have launched a national consumer promotion giving one lucky consumer the kitchen makeover of his or her dreams. The "$100,000 Dream Kitchen Makeover" will run thru October 31st for U.S. MasterCard cardholders. more

New Elite Card September, 8, 2006

MasterCard has taken its "World MasterCard" to a new level with the introduction of the "World Elite MasterCard." The first card is being issued by HSBC on behalf of Saks Fifth Avenue. more

Wristband Payments September, 7, 2006

This weekend a contactless payment wristband will be given to the first 5,000 fans entering Giants Stadium on September 10th. The MasterCard "PayPass" wristbands will be pre-loaded with $25 to spend at concession stands. more

Minimum Payments September, 6, 2006

The effect of higher minimum payments is clearly showing up in credit card industry data as monthly payment rates, the amount that cardholders pay on their credit card debt, continues to hover at record levels. Year to date, the monthly payment rate has ... more

Business Builder September, 5, 2006

Two $50,000 cash prizes are on the table for business owners. MasterCard has launched its "Build Your Business" sweepstakes for U.S. small businesses that use "MasterCard BusinessCard" and "Debit MasterCard BusinessCards." more