Under The Gun

Providian Financial Corp., formerly known as First Deposit, is under investigation for alleged fraud by the San Francisco district attorneys office. The king of subprime VISA cards may be subject to criminal charges if prosecutors firm up the evidence. According to Wednesday’s San Francisco Chronicle, the Oakland Better Business Bureau alone received about 850 letters…

The Personal Touch

American consumers love ATM cards but they like visiting a teller better. This was the recent finding of a survey released this week by NCR Corporation. The survey found: 73 percent of people make deposits via a bank teller. 62 percent use ATMs. 48 percent telephone their bank at least once a month. 45 percent…

Miles For a Quote

If you are a United Airlines Mileage Plus member you can receive at least 250 bonus miles by simply requesting an auto insurance quote. You must request your quote through Kemper’s new response division at www.ekemper.com/ual/. Auto insurance policies generally provide coverage for every driver in a household. The bonus miles apply per household rather…

Maximum UA Miles

United Airlines Mileage Plus VISA and MasterCard cardholders will now be able to accumulate extra miles under a new program launched this week. Participating Mileage Plus Shopping merchants are now able to determine their own mileage value offer for transactions — from one to 10 miles per dollar — in addition to the mileage normally…

Chase World MasterCard

Chase Manhattan announced the launch of the ‘Chase World MasterCard’ yesterday. The Chase version offers consumers a fixed 9.9% APR with a $75 annual fee. The ‘World MasterCard’ features no pre-set credit limit with the option of revolving a portion of the balance. It is a product directly targeted at American Express cardholders as a…

Going Public

San Francisco-based NextCard, Inc. made initial public offering of 6,000,000 shares of newly issued common stock. The shares are being traded on the Nasdaq under the ticker symbol “NXCD”. NextCard was launched in Dec. 1997 with the introduction of “The First True Internet VISA”. Since then more than 1.7 million consumers have applied online for…

Plastic Usage

Americans love their plastic and a recent survey shows how much. The survey of 1,202 randomly selected adults was completed to determine consumers’ awareness, opinions and usage of plastic cards. Credit, ATM cards and membership cards top the list of most widely used plastic cards. The survey was conducted by Standard Register’s National Consumer Survey…

Smart High Schools

Students that attend Bellevue High School in Bellevue, Ohio, now have an ID card that can be used throughout the school. NewMarket Solutions, Inc. announced they have completed the installation of the first smart card system for a U.S. high school. All 850 students have been issued Digital Photo-ID smart cards that can now be…

Double SkyMiles

American Express is kicking off a nationwide promotion this Saturday offering ‘Delta SkyMiles Credit Card’ holders double miles for every purchase made on the ‘SkyMiles’ card through June 15th. To be eligible for the double miles, cardholders must make at least four purchases on the card from May 15th through June 15th. The annual fee…

Travel Perks Plus

The newest reward program in the travel industry is “Travel Perks Plus”. The program is designed to reward those individuals that book corporate travel. Pro Travel’s Travel Perks Plus program rewards the travel planner with points that can be redeemed for various gifts ranging from movie passes to airline tickets.The point awards are: 200 points…