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News Library - March, 2007

Obsessive Priceless March, 15, 2007

When it comes to golf some suffer from the "obsessive priceless" disorder. This week MasterCard tapped into the syndrome with a new highly-cool and interactive online platform plus two new TV commercials. more

Costello Perk March, 14, 2007

If you've got a "VISA Signature" card, then you've got access to purchase advance tickets to the upcoming ten city "Elvis Costello & the Imposters Tour." Beginning this week, "Signature" cardholders will have exclusive access to advance tickets and VIP ... more

Motiva Card March, 13, 2007

A new credit card has hit the market that rewards you for making on-time payments. With the new "Discover Motiva Card" each time cardholders make on-time monthly payments six times in a row, they receive their next month's interest back as a "Pay-On-Time ... more

Life Takes March, 12, 2007

The latest edition of "THE GAME OF LIFE" will switch from paper currency to plastic this summer. VISA and game maker Hasbro have signed a deal to add VISA cards to the latest version of "THE GAME OF LIFE - Twists & Turns Edition." more

Jan Debt March, 9, 2007

Consumer revolving credit remained flat in January as Americans added less than $1 billion from the prior month. However, revolving consumer credit did set a new record of $879 billion in January, growing at an annual rate of 1.1%. more

Clear & Simple March, 8, 2007

As the consumer backlash builds over credit card practices another major issuer has decided to become more consumer friendly. This week, Chase announced a new initiative to help its cardholders to better understand and manage their accounts. more

Maxed Out March, 7, 2007

A national campaign attacking credit card issuers was launched this week by several national consumer groups. The "It's A Disaster That's Happening in America" campaign will coincide with the release of the new documentary and book "Maxed Out." more

Card Abuse March, 5, 2007

Citi announced it will stop beating up its cardholders with "universal default" and the "any time for any reason" increases. The move comes on the heels of growing criticism in a Democratic-controlled Congress over credit card practices and abuses. more

Debit 2006 March, 1, 2007

Growth in off-line debit card volume in the U.S. continued to rebound in 2006, increasing 23% to more than $1 trillion. A new study has also found that issuers nationwide lost a total of $662 million to debit card fraud in 2005, a 21% increase over 2004. more