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News Library - 2007

ATM Sharking September, 12, 2007

Bank of America's plan to raise fees for non-customers at many of its ATMs to $3 per transaction has kicked off a fury among consumer groups. The consumer groups says it fears the ultimate consequence would be an unconscionable squeeze on low- and ... more

MegaBonus September, 12, 2007

"Marriott Rewards" members can earn up to 10,000 bonus points when they pay for their hotel stays with their VISA card from September 23rd through January 18th. Members earn 2,500 bonus "Marriott Rewards" points with every VISA-paid stay, beginning with their ... more

July Debt September, 11, 2007

Consumer revolving credit grew again in July after topping the $900 billion milestone for the first time in June. Americans tacked on $5.0 billion in net new revolving debt in July after racking up new debt of $4.7 billion in June. more

Plum Card September, 11, 2007

Black, white, green, gold, platinum are generic card colors until the arrival this week of the "American Express Plum Card." The new card for small business owners offers an early pay discount of up to 2% and the ability to defer payment up to two months. more

Mystery Spending September, 10, 2007

Cash slips through the pockets of Americans each day and by the end of the week memory fades. A new survey has found that 48% of Americans suffer from "mystery spending." The VISA USA survey found that Americans lose track on average of $2,340 annually. more

Virus Scam September, 10, 2007

Malware.AMCC, which claims to be VIRUSfighter, and uses graphics stolen from VIRUSfighter's Website, is literally popping-up on the Internet trying to capture your credit card information. The new Trojan comes as a pop-up window on your screen saying a virus ... more

AT&T CARDS September, 7, 2007

The new AT&T now has some new "AT&T Universal" credit cards, which were first launched in 1991. Citi and AT&T have added two new cards that offer savings on purchases of AT&T products and services, as well as calling benefits and complimentary mobile phone ... more

Debt Killers September, 6, 2007

Some scamsters see a silver lining in the current credit meltdown by fraudulently helping to eliminate mortgage, credit card, or small business debt. Government banking regulators say the Internet is crawling with several schemes that defrauds victims of an ... more

Nurses MasterCard September, 6, 2007

The largest national nursing association has given its affinity card another shot. The "ANA Rewards Platinum MasterCard" will offer points redeemable for everything from merchandise, travel, cash and gift cards, to customized rewards including credit towards ... more

Vanilla VISA September, 5, 2007

The world's largest convenience store chain has expanded its suite of gift cards. The new "Vanilla VISA Gift Card" is available in $25 and $50 denominations. 7-Eleven's gift selection includes its own 7-Eleven gift cards, redeemable for gas or merchandise at ... more