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News Library - November, 2009

BOFA CLARITY November, 30, 2009

Bank of America is mailing out a one-page summary of customers' rates, fees, and payment information tomorrow to 40 million current cardholders. The "Credit Card Clarity Commitment" is part of a number of initiatives by BofA to simplify loan information for ... more

Card Mail November, 25, 2009

After drying up for more than twelve months, it appears credit card direct marketing is picking up. But, beware as your chances of getting approved for new credit are very low. The last tracking shows issuers sent 180 million credit card offers to U.S. ... more

Super Rewards November, 24, 2009

Like other payment networks, American Express is juicing up its rewards program for the holiday season. The "Membership Rewards" promotion runs from "Black Friday" (November 27th) through "Cyber Monday" (November 30th) for eligible "Charge Card" users to ... more

Discover Optimized November, 23, 2009

Discover has unveiled a new web site to help its cardholders optimize their rewards. The new Web site shows how it all adds up, features exclusive limited-time deals and offers a peek at how cardholders in their area and around the country are redeeming their ... more

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