Store Card Makeover

While Kmart dumps its credit card for a co-branded MasterCard, JCPenney has decided to beef up its retail credit card. JCPenney and GE Card Services unleashed a major direct mail campaign this week for the newly overhauled JCPenney card. The re-designed bold red JCPenney card has been personalized with the first letter of the individual…

Kmart MasterCard

Kmart has switched the “Blue Light” on for a new MasterCard. Capital One and Kmart are hitting the mailboxes across the country with a new co-branded bank credit card. The new Kmart MasterCard combines the store card benefits with MasterCard’s global acceptance. Kmart MasterCard cardholders will receive benefits such as special promotions and a 0%…

Chase Gift Card

Big banks are finally getting into prepaid gift cards. Chase Manhattan launched the Chase MasterCard Gift Card this week. This is one of the first reloadable pre-paid cards offered by a major credit card issuer. Chase Gift Cards are available in denominations from $25 to $1,000, and can be replenished by anyone with a Chase…

VISA Buxx III

The new VISA teen card has picked up another player. Ohio-based National City Corporation became the third issuer to offer the new VISA Buxx card. Two weeks ago Bank of America became the second issuer to offer the new prepaid VISA card for teenagers. VISA announced the development of the parent-controlled, re-loadable payment card in…

Anita Future

Citibank has unleashed a comic strip to help college students understand credit card matters. “The Adventures of Anita Future and Les Foresight” is now available via email from Citibank. All you need to do is email Anita at [email protected] with any credit-related questions and a financial expert will answer all inquiries. Citi also offers another…

VOI Winner

“Racing With the Dolphins” by Sun-ik Kim from Korea was named as the Grand Prizewinner of the VISA Olympics of the Imagination youth art competition. The program attracted 400,000 entries from a total of 23 countries. Visa Olympics of the Imagination challenged school children, ages 9-13, to use their imaginations to create an original piece…

First VISA Smart Cards

This week marked the beginning of the migration from magnetic stripe bank credit cards to smart chip bank credit cards in the USA. VISA raised the curtain on the smart VISA card and now has a product to take on the one-year old American Express Blue Card. Three major issuers, representing about 20% of the…

Second VISA Buxx

The new prepaid VISA card for teenagers picked up a second issuer this week. Bank of America is releasing its version of VISA Buxx. The BofA VISA Buxx Card also features gift certificates redeemable at specified merchants who have joined the program. Certain merchants have agreed to offer additional discounts and other incentives throughout the…

Hidden Rewards

If you live in or travel to Europe or Latin America you might want to check out some of hidden rewards found on VISA’s web site. VISA.com offers discounts on hotel stays, as well as deals on other travel and entertainment services. This month, for example, cardholders can: — Save up to 50% through September…

P2P Payments

While there a tons of email payment systems for Internet commerce there is an easy, cheap and secure solution from a top e-bank. WingspanBank.com offers eMoneyMail for free to its customers. To use eMoneyMail, all customers need is a VISA credit card, a VISA debit card or a checking account (with WingspanBank.com or any U.S.…