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News Library - October, 2008

Gift Cards October, 31, 2008

Among Americans that plan to buy prepaid cards as gifts this holiday season 24% will purchase three or four cards and totally spend about $100 to $200. A new CardTrak poll shows that 33% of consumers do not plan to buy gift cards this year and that 76% will ... more

Rate Impact October, 30, 2008

The prime rate dropped to a four year low of 4.0% yesterday and has set the stage for a scramble in the credit card business to establish minimum interest rates, or floor rates, and raise the interest rate spreads, or the number of percentage points added to ... more

Bag Fee Waiver October, 29, 2008

Continental Airlines and Chase have added a new benefit for Continental Airlines Chase credit and debit cardholders. Effective immediately Continental Airlines will waive fees for the first checked bag for cardholders of its co-branded Chase cards. more

Green Machine October, 28, 2008

While most of the financial world is seeing "red" these day, the payment card world is seeing "green." Two new environmentally friendly cards have entered the U.S. marketplace. This month, U.S. Bank has teamed with CPI Card Group to offer a "bioPVC" card to ... more

Scary Stuff October, 27, 2008

Nearly two-thirds of Americans are scared more about identity theft or fraud than Halloween monsters. By comparison only 9% are afraid of the holiday's horror movies, less than 3% are scared of haunted houses and about 1% are bothered by ghost stories. more

Big Guys October, 24, 2008

Credit card loans for the three largest U.S. card issuers, Chase, BofA and Citi, grew by an average of 5.3% in the third quarter. The growth was led by Chase, posting a 7% gain over 3Q/07 to $159.3 billion. more

High School Musical Card October, 23, 2008

As Disney's "High School Musical 3" comes to the big screen tomorrow at AMC Theatres, a new gift card has been unveiled. The new AMC "High School Musical 3" gift cards are available at AMC’s Web site and allow guests to select the design featuring the entire ... more

Business Vote October, 22, 2008

Business owners are so uptight about the economy that they are willing to cross party lines this year to vote for the U.S. presidential candidate that they feel will do the most to help their business. A new survey reveals that many business owners are now ... more

Blinking Bears October, 21, 2008

A new debit card was kicked-off last weekend that Chicagoans can "bearly" resist. Besides providing perks for fans, the new "Chicago Bears Debit MasterCard" also offers the latest in high tech with the ability to do swipe and go transactions. more

Card Winners October, 20, 2008

The holiday season will be a little more special for the 45 winners in the latest CardSmarts pre-holiday sweepstakes, which ended September 30th. More than $12,000 in prepaid cards and cash have been awarded this year by CardTrak.com. more