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News Library - August, 2007

Consumer Pulse August, 10, 2007

U.S. consumer confidence rebounded in August as the "RBC CASH Index" hit 89.3, more than 13 points above July's level, its highest level since March. Overall consumer sentiment shows a reduction in consumer pessimism after increasing negativity in June and ... more

June Debt August, 9, 2007

Consumer revolving credit jumped again in June topping $900 billion for the first time. Americans tacked on more than $9.0 billion in net new revolving debt in June after racking up about $7.0 billion in May. Revolving consumer credit has now reached a record ... more

Prepaid Scam August, 9, 2007

The Federal Trade Commission requested and received an order from a federal judge to halt an operation marketing VISA-and MasterCard-branded stored-value cards from making unauthorized debits from consumers' bank accounts. According to a complaint filed by ... more

A+ Business Card August, 8, 2007

Discount airliner AirTran Airways has added a business credit card to its fleet that offers new cardholders the opportunity to receive more than enough miles for a roundtrip ticket. The new "AirTran Airways A+ Business Card" earns eight "A+ Rewards" credits ... more

Spending Brakes August, 8, 2007

More than half of Americans are uncomfortable making a major purchase such as a home, a car, major appliances or other significant items over the next three months. According to the latest "Experian-Gallup Personal Credit Index" 89% of consumers do not plan ... more

GreenPay MasterCard August, 7, 2007

Another eco-friendly rewards credit card has been introduced, this time by Atlanta-based Fintura Corporation and MetaBank. For every net dollar spent using the "GreenPay MasterCard" credit card, five pounds of CO2 will be retired. more

CashReturns Card August, 7, 2007

Citi has introduced a new card that permits cardholders to earn and redeem unlimited cash back -- automatically. The new "Citi CashReturns Card" earns a full 1% cash back on all purchases and cash advances. more

Shopko Cards August, 6, 2007

Shopko, a $2.2 billion retailer of goods and services headquartered in Green Bay, with stores located in 13 states throughout the Midwest, Mountain and Pacific Northwest regions, has launched the "My Shopko extra savings Rewards Card" and the co-branded "my ... more

Olympic Voices August, 6, 2007

Olympic gold medalist Summer Sanders and World Champion swimmer Katie Hoff teamed with VISA USA to raise national awareness and support for increasing and improving the spaces where America’s youth can play. As part of the effort, VISA presented the National ... more

Golf Bennies August, 3, 2007

American Express and The PGA of America have inked a deal to offer year-round golf benefits for cardholders and PGA professionals. AmEx will now provide advanced ticket sales and onsite experiences at top tournaments, including the PGA Championship, Senior ... more