One Million Served

Mark Clavin of Castleton, NY became the one millionth customer of Mobil Corporation’s ‘Speedpass’ program. ‘Speedpass’ enables customers to drive up, fill up, and automatically charge their fuel purchases to a designated credit card, without opening their wallets or purses. Mobil recently added a “car tag” transponder option to the program. The system also uses…

Faults & Cures

VISA’s touring golf instructional program, ‘Faults & Cures’, announced Friday it will add eleven new cities to the tour next year and will add a program for female golfers. VISA will also expand the stay in some major cities for up to three weeks. The program is run by the Nicklaus/Flick Golf School, a division…

Flawed Analysis

The Consumer Federation of America accused the banking industry of “irresponsible” credit card lending that has strapped an estimated 60 million American households with credit card debt exceeding $7,000 on average. To make its case the CFA cited card issuers with high charge-off rates as the most reckless. The consumer group said the “least responsible”…

StampsOnline

The U.S. Postal Service launched a two-week test yesterday of a virtual post office. During the pilot, 2,300 pre-selected customers will be able to purchase a limited selection of stamps and stamp products on the World Wide Web via credit cards. The ‘StampsOnline’ web site was launched last year to provide information about the stamp…

Snow Sport Express

Selling ski lift tickets via ATMs has been so successful for Wells Fargo that it is expanding the service to 550 ATMs in Northern California this week. Wells Fargo introduced the ‘Snow Sport Express’ service last year at 50 ATMs. Besides expanding the availability of the program, Wells’ has added a new service: lesson package…

New Rewards Card

Cobranded reward cards are alive as discount apparel retailer Loehmann’s and First USA rolled out a new ‘Platinum VISA’ Monday. The ‘Loehmann’s Insider Club Platinum Visa’ offers cardholders a 3% rebate on all Loehmann purchases and 1% rebate on all other purchases. Consumers applying before February also receive a $25 gift certificate. The new card…

VISA & Holiday Inn Promotion

Holiday Hospitality has teamed up with Visa for its Holiday Inn Second Night Free winter promotion. More than 1,000 Holiday Inn and Holiday Inn Express hotels in the United States and Canada are participating in the promotion which will run through Feb. 9, 1998. Second Night Free offers leisure travelers a consecutive night at no…

Electrifying MasterCard

While several U.S. electric/gas utility firms are mulling cobranding relationships with credit card issuers, DE-based Delmarva Power & Light Company became the first one out- of-the- chute yesterday. MBNA and Delmarva rolled out the ‘Conectiv MasterCard’ offering cardholders the ability to earn certificates, based on card purchases. Under federal and state regulations the certificates may…

Platinum AAdvantage

The nation’s largest co-branded airline bank credit card has gone platinum. Citibank and American Airlines rolled out the new ‘Citibank Platinum Select AAdvantage’ yesterday. The upgraded program offers unlimited air mileage earned on purchases, double air mileage on American Airlines ticket purchases, $500,000 travel accident insurance and a dedicated customer service number. Citibank is charging…

Holiday Sales Weak

Consumer spending for the three-day Thanksgiving weekend showed only a slight gain over last year’s strong Thanksgiving weekend sales, resulting in a 1.0 percent gain in same-store sales, according to TeleCheck Services, the world’s leading check-acceptance company. Data are based on a year-over-year, same-store comparison of the dollar volume of authorized checks written by consumers…