Consumer Payment Card News


Forget air miles, points, and cash-back . . . here comes a credit card that gives you the chance to win some real dough. A new MasterCard was recently introduced that gives cardholders a chance to win a monthly cash jackpot of at least $25,000, every time they spend $1 on purchases. The new “American DreamCard Platinum MasterCard” awards one sweepstakes entry for every net $1.00 spent on the card, up to 1,000 entries per a $1,000 transaction. Consumers also receive 1,000 entries for applying during the promotional period which ends September 30th. If approved, cardholders will also earn 100 entries by enrolling in the online account servicing platform, and one hundred entries each time they pay their “American DreamCard” bill online. Monthly winners will receive 0.50% of the total amount of net dollars spent by the cumulative number of cardholders on their “American DreamCards” during each drawing period. The maximum monthly prize is expected to vary between $30,000 and $100,000. Metris/Direct Merchants Credit Card Bank is the issuer of the innovative card. For more information visit: “”:

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