Undecided Consumers

The economic uncertainty continues to impact consumer travel. Nearly 80% of respondents to a Hotwire survey said they have yet to book December holiday travel, with 61% planning to put off the task until at least November. Additionally, 23% plan to wait until the last minute, saying they won’t book December travel until after Thanksgiving.…

AmEx Gift Card

Gift cards are getting bigger and better this holiday season. American Express has unveiled a gift card available in amounts from $25 to $500 which can be purchased through the American Express Web site. The new “American Express Gift Card” features a card embossed with the recipient’s name and good at all retailers that accept…

Entertainment Card

The pioneer of the megaplex theatre and a moviegoer rewards program is introducing a stored-value gift card to replace traditional movie gift certificates. AMC Entertainment also inked a deal to distribute its new card through a number of supermarket chains, including Safeway. The new “AMC Entertainment Card” is available now at AMC Theatres throughout the…

Debt Rebound?

American use of consumer credit continues to gather steam as data for August shows a remarkable increase in the rate of growth compared to one year ago. During August of this year, consumers added nearly $4 billion to revolving credit compared to a pay-down of more than $4.5 billion during August 2001. According to figures…

Rates Notch Up

Credit card interest rates have slowly but surely been nudging up this year despite the stable rate environment. The rate increase is driven largely by the punitive rate policies of many of the nation’s top issuers, including MBNA which now charges rates as high as 24.98%. APRs bottomed out in December of last year at…

Mall Gift Cards

The paper gift certificate has become a dinosaur as plastic gift cards take over. One of the largest mall owners in the country says its “VISA Gift Card” program has been a smash. Simon Property Group announced this month it is expanding its “VISA Gift Card” program to 43 shopping malls with a complete rollout…

Eufora Cards

No it’s not multi-level marketing or a pyramid program, but it’s a way to get cash flow by getting your friends and family to sign up and use a new credit card. The new “Eufora MasterCard” creates an incremental income opportunity for cardholders through an innovative agent referral fee program. The new card offers three…

Mini Card

Bank of America has decided to chop its credit cards in half with the launch of a mini VISA. The new card is about half the size of a regular credit or debit card and can be attached to a key chain. The mini VISA card, which is being offered as a companion to full-sized…

Gold Miles

After upgrading its “United Mileage Plus VISA” card to the “VISA Signature” class last year, Bank One and United Airlines have now added a “Gold” version. The new “United Mileage Plus Gold Class VISA” with “VISA Signature” benefits, offers no pre-spending limit, enabling cardholders to exceed their established credit lines based on payment activity. Other…

PayOff Promo

Want your Discover Card balance paid-in-full? Between now and December 24, Discover is offering its 50 million cardholders a chance to win a balance pay-off at the start of 2003. The “Ring in the Rewards with Discover Card” promotion features a sweepstakes with ten “Balance Paid in Full” (up to $10,000) grand prizes. Each time…