Consumer Payment Card News

Gold Card

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The first real gold credit card is being planned for the U.S.
The “Gold Bullion Credit Card” will be the first Visa or MasterCard to be backed by gold bullion or gold bullion coins. It is a product of Gold Solutions Marketing and TransMedia. TransMedia will publicize how gold coins and bullion held as collateral for accounts will be stored at Delaware Depository Service Company, where deposits are insured by Lloyds of London. TransMedia will also incorporate CardWorks into their campaigns as the entity responsible for customer service, including registration, customer contact and all pertinent servicing for the portfolio. Gold Solutions is finalizing the issuing bank selection and launch dates. For more information visit: http://www.thegoldbullioncard.com

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