Consumer Payment Card News

BellSouth Cards

BellSouth and Bank One have teamed to launch a co-branded MasterCard that offers double points to BellSouth customers who elect to have their BellSouth bill paid automatically with the card. The companies are also offering a “Platinum MasterCard” for business customers that includes a reward program offering 3% cash back on purchases made at restaurants, office supply stores, gas stations, building supply stores, and hardware/home improvement centers, plus 1% on all other purchases. There is a $20,000 annual cap on business purchases qualifying for the 3% rebate. The consumer card rewards cardholders with one point for each dollar charged. Each point has a redemption value of approximately one cent. As a special promotion through mid-September, new consumer cardholders will receive a $30 credit on their card when they make their first purchase. Both cards carry a 0% intro rate on purchases and balance transfers, followed by a variable 10.99% to 16.99% depending on credit score. For more information visit: “http://www.bellsouth.com/mastercard”:http://www.bellsouth.com/mastercard

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