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News Library - November, 2008

Bad Santa November, 25, 2008

When the going gets tough, the fraudsters get going. There is a consensus building that current economic conditions will breed increased online fraud activity this holiday season. more

Gilda's Visa November, 24, 2008

The beloved Roseanne Roseannadana now has her own "Visa Platinum" card. The new card supports the work of the Gilda's Club cancer support group, named for Gilda Radner, the comedian and an original cast member of "Saturday Night Live" who died from ovarian ... more

King Cash November, 21, 2008

With a lack of confidence emerging about gift cards issued by shaky retailers, a new survey shows that most Americans would prefer to receive $100 in cash this holiday season. About two-thirds of consumers indicated that cold hard cash may be the hot Xmas ... more

Smart Shoppers November, 20, 2008

The smart money this holiday season is on early bird specials and last minute deals. Shopping online, buying gift cards and maximizing credit card rewards are also among the top ways to slash holiday spending. more

Revolution Cash-Back November, 19, 2008

A holiday promotion has been launched for the new "RevolutionCard." Between now and January 31st cardholders will receive a $5 credit for each purchase of $50 or more. There is a $100 cap on the total cash-back earned during the promotion. more

PTA VISA November, 18, 2008

The nation's largest child advocacy organization has assembled a general purpose credit card program that generates contributions to local parent teacher associations. The National PTA, OneCause and Chase Card Services this week will introduce the "PTA Visa ... more

Big Squeeze November, 17, 2008

While the U.S. might not be able to drill its way out of the energy crisis, credit card issuers are gearing up to drill cardholders as way out of the financial crisis. American Express and Citibank have already announced they will start squeezing more ... more

Shell $aver Card November, 14, 2008

The growing effort by gasoline retailers to steer customers away from general purpose credit and debit cards will gain more traction next year. Shell Oil Products US is rolling out a new payment card in January that features a direct link to a consumer’s ... more

Starbucks Gold November, 13, 2008

Starbucks has gone for the "Gold" by getting customers to pony up $25 per year for a new card that gives 10% off Starbucks purchases, plus lots of other goodies. "Starbucks Gold Card" customers also receive special members-only offers and invitations once ... more

Sept Debt November, 12, 2008

Consumer revolving credit edged up in September as Americans continued to slow down their spending amidst lower credit limits and income. Revolving credit, mostly credit card related, rose by $900 million or 1.2% per annum, after adding more than $5 billion ... more