Priceless Xmas

Capitalizing on its hugely successful ‘Priceless” advertising campaign, MasterCard has unleashed a holiday promotion offering “Priceless” gifts to share with loved ones. The Priceless Holiday Gifts promotion will award one winning cardholder with five Priceless experiences including an African Safari, a visit from a celebrity chef, behind-the-scenes access to the Houston Space Center, enrollment in…

Box Tops VISA

First USA and General Mills have teamed to offer VISA cards that potentially can generate up to $10,000 annually for each of the more than 67,000 American schools enrolled in the Box Tops program. Combined with the General Mills “CLIP” program and the new “SHOP ONLINE” program, schools can now receive a maximum of $30,000…

Club Orange

You can apply for VIP tickets to a private party in Times Square for New Year’s Eve, if you spend at least $500 in purchases on your Discover Card during November. The Discover Card has set up the “Club Orange” party, featuring a special concert by the Smashmouth, for the first 450 eligible cardholders who…

Arkansas Rates Rise

The lowest credit card interest rates in the nation are coming to an end following a recent federal court decision that removed the Arkansas bank usury law. As a result, Pine Bluff-based Simmons First National Bank has jacked up interest rates this month for its VISA and MasterCard products from 7.00% to 8.95%. Under Arkansas…

Clear Blue Discover

Riding the wave of translucent or clear credit cards, Discover this month launched a clear, blue Platinum card. The card, promoted as ‘Very Now’ and ‘Very Cool’, is “clearly” playing off of the American Express smart Blue Card and the Providians clear smart VISA cards. Discover has yet to launch a smart card, but this…

Card Shuffle

Credit card debt has hit the wall as consumers move revolving debt into mortgages, and slow down a bit on card usage. During September, Americans tacked on a mere $1.4 billion to revolving credit, compared to $4.2 billion last September. Since the first of this year, total revolving credit, mostly credit card debt, has grown…

Couch Potatoes

The terrorist attacks are turning more Americans into couch potatoes, thus sitting on their credit cards. Surveys released this week show consumers are traveling less, spending less, and eating more snacks. Almost half of the respondents of a survey conducted by Euro RSCG Worldwide plan to spend less money than usual this holiday season. When…

Amazon Credit

The 20 million U.S. households that do not have a credit card can now shop online at the Earth’s Biggest Online Store. Amazon.com has teamed up with Citibank’s credit card division to launch a virtual store credit card. The new program is designed for customers who do not have, or who may not qualify, for…

Record Rates

American credit cardholders will save about $600 million in additional interest charges over the next twelve months thanks to today’s action by the Federal Open Market Committee. With the prime rate expected to drop to 5.00% later today, the lowest in 40 years, credit card rates will be pushed to their lowest level ever. As…

Olympic Cards

For the 2002 Olympic Winter Games, cash is out and cards are in. This week, Bank of America is rolling-out two, new stored-value VISA cards for the upcoming Games. The VISA Olympic Money and Gift Card provide prepaid spending as well as reloadable features. For Olympic family members, BofA is offering VISA Olympic Money, a…