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News Library - July, 2009

No Brainer July, 31, 2009

Credit card issuers are beginning to abide by the new law on rate changes. This week, Citibank sent a notice to a cardholder letting them know they have until September 30th to decide if they want to continue using the card and pay a 29.99% interest rate, or ... more

Freebies Descend July, 30, 2009

The "US Airways Premier World MasterCard" is cutting its lowest redemption level for free seats from 25,000 miles to 20,000 miles and is waiving the award processing fee for cards with an annual fee greater than $51. The airline credit card is also kicking ... more

Financial Edge July, 29, 2009

A new survey reveals that the average credit card debt of low- and middle-income indebted households in the U.S. is now $9,827. More than 1 out of 3 households reported using credit cards to cover basic living expenses, on average for 5 out of the last 12 ... more

Linux Visa July, 28, 2009

The nonprofit consortium that promotes, protects and standardizes Linux by hosting technical and legal workgroups, events and online resources has launched a new affinity credit card. The new "Linux Foundation Visa Platinum" will generate $50 for every ... more

Breast Cancer Card July, 27, 2009

Cold Stone Creamery has teamed with NFL icon Larry Fitzgerald Jr. to raise breast cancer awareness and advance breast cancer research through an in-store and online gift card promotion. Five percent of the value of each card purchased will be dedicated to the ... more

Turquoise ThankYou July, 24, 2009

After five years of service and 13 million joined, one of the top bank loyalty programs is offering five special promotions this summer. Between July 27th and September 30th, Citi's "ThankYou Network" is celebrating its "Turquoise" anniversary with the ... more

Scam Refunds July, 23, 2009

If you were ripped-off over a catalog credit card scam there is a chance some dough could show up in your mailbox. The Federal Trade Commission sent out refund checks last week to consumers who allegedly had been defrauded by Integrity Financial Enterprises. more

Taxi Cards July, 22, 2009

A new prepaid card has emerged that offers taxi-specific services anywhere in the USA. The new "Taxi on Demand" card hooks-up customers to card accepting taxis through a toll-free call center number. more

SS/SSI Card July, 21, 2009

Over half a million Americans have signed up for the card that delivers Social Security payments via plastic. The "Direct Express Debit MasterCard" was launched regionally in 2008 and recently went nationwide, targeting four million Americans without bank ... more

Priceless Picks July, 20, 2009

MasterCard has released a new iPhone application which gives consumers a location-based utility to find and share their favorite picks with friends and family. The "Priceless Picks" application is free for download and is separated into five categories ... more