PremierPass MasterCard

Citibank has launched two new rewards credit cards offering points for miles flown on any airline as well as points for all purchases. The new “Citi PremierPass MasterCard” also enables cardholders to earn points for the purchase, plus the miles flown, on tickets purchased for family or friends. Since the new card is not sponsored…

Hello Kitty

One of the coolest prepaid cards to come down the pike this year is the “Hello Kitty Debit MasterCard.” The new card offers a free one-year subscription to Elle Girl magazine. However, the card carries a lot of fees like many prepaid cards. Make sure you understand the terms. The new “Hello Kitty Debit MasterCard”…

Debt Acceleration

After five consecutive months of debt cutting, Americans have started piling on revolving credit at a pretty good clip. During July, consumers added $5.6 billion to revolving credit, mostly credit card debt, compared to less than $1.0 billion one-year ago. At an annualized rate, consumer revolving credit increased 9.0% during July. According to figures released…

NFL Fans

Do you have a special or “quirky” way that you get pumped for an NFL game? If so, VISA wants to possibly feature it in a TV ad or better yet, help you win a free pass to the “Super Bowl.” VISA’s new “Get Ready for the Game” promotion is offering ten trips to the…

Ignorant Cardholders

More than one out of four U.S. cardholders have no clue where to file a formal credit card complaint against a national bank. Nearly half of Americans believe such disputes are handled by the Federal Trade Commission while a mere 16% correctly say its the Office of the Comptroller of the Currency. An informal CardWeb.com…

Nine Online

CardWeb.com, Inc.® will celebrate its ninth year online this weekend, tracking the payment card industry on a daily basis since 1986. In September 1995, RAM Research launched CardWeb.com in conjunction with the American Bankers Association’s “Bank Card Conference” at the New York City Hilton. The Company provides competitive information to thousands of industry executives and…

Freebie Cards

While the annual fee for a co-branded airline bank credit card averages $51 plus change, two airlines are currently promoting cards with or without a fee. Midwest Airlines and Frontier Airlines now offer a no annual fee version of their MasterCards, however, the miles earning feature has been cut in half. Instead of the traditional…

ATA VISA

After 31 years, the nation’s 10th largest passenger airline is taking off with a co-branded bank credit card. Discount carrier ATA Airlines has linked up with U.S. Bank to launch the “ATA Platinum VISA” card and the “ATA Business VISA” card. Cardholders earn one point for every $3 in purchases without any cap. ATA offers…

T&E Card

American Express has redefined the T&E card as the “Traveling & Eating” card or the “True Earnings” card. AmEx and Costco teamed up to launch a new set of co-branded credit cards that offer bonus rewards for eating out and traveling. The new “TrueEarnings Card” and the “TrueEarnings Business Card” features a unique rewards structure,…

Cards by State

The average general purpose credit card outstandings per household, excluding store/gas credit cards, grew a mere 2.5% last year to $6,429. Among the five most populous states, Texas was the only one to come in below the national average. The states with the lowest average bank credit card outstandings per household in the $3,400 range…