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News Library - November, 2009

Rate Cutter November, 20, 2009

Walmart has taken on Western Union full-force with a new rate of $7 to transfer up to $200 to more than 190 countries. In partnership with MoneyGram, Walmart is offering the discounted rate at more than 3,500 stores across the U.S. effective today. more

More Wells November, 19, 2009

Wells Fargo has juiced up its rewards program by adding the "Earn More Mall" that includes bonus point opportunities, the ability to purchase retail gift cards, new travel features and benefits, five times as many redemption options and a redesigned site for ... more

Bigger Ink November, 18, 2009

hase has slipped two more credit cards into its portfolio of business cards. The new "Ink" and "Ink Capital" offer additional purchase rewards or an interest-payment refund to customers with Chase business checking accounts. more

Mileage Thrust November, 17, 2009

The "British Airways Visa Signature" is taking off with a bunch of enhanced benefits. The new perks include a 25% increase in the number of "BA Miles" earned and a companion redemption voucher for a trans-Atlantic flight, awarded to cardholders who spend ... more

Cashback Bonus November, 16, 2009

"Discover More" cardholders can earn a 5% "Cashback Bonus" up to $400 in restaurant, movie and grocery store purchases through December 31st. Discover also says its "Double Cashback Bonus" on all online purchases, as well as at department stores, jewelry and ... more

Weed Card November, 13, 2009

Getting right to light up the market comes a new prepaid card that will enable the legal purchase of marijuana in up to 14 states. The card will also serve as an ID card for licensed medical marijuana dispensaries and collectives operating within the states ... more

Score Slide November, 12, 2009

The Midwest and Northeast regions showed the highest increases in credit card debt with 16% and 17% respectively, during October. Credit scores continued to slide in 2009, dropping to 671 in October, compared to 676 in January. more

Sept Debt November, 11, 2009

Consumer credit continued its sharp decline as Americans cut nearly $10 billion off in September, bringing the year-to-date total reduction to $68.3 billion. Posting its 13th consecutive monthly decline, U.S. consumer revolving credit remained below $900 ... more

Wyclef Jean Card November, 10, 2009

Rapper musician Wyclef Jean has a new Visa card. Western Union has hooked-up up with the Grammy-Award winning recording artist to launch the "Wyclef Jean Prepaid Visa." The new card joins the recent Western Union "MoneyWise" and "Gold Card" reloadable ... more

Card Workouts November, 9, 2009

Consumers struggling with credit card debt can enroll in a "Debt Management Plan" through a credit counseling firm or they can pick up the phone and create the same "DMP" on their own and possibly get a better interest rate. Feedback from CCCS of Greater ... more