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News and Articles about Credit Cards...

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News about Credit Cards

(Displaying 10 news)

[04:45:34 AM Thursday, June 26, 2008]

Multiple credit cards have become a large issue for restaurant owners. So when you are dining out, don't be surprised to see a phrase at the bottom of the menu: "Maximum 4 credit cards per table, please." Most people don't consider such a policy as a problem because they hardly ever take more than two credit cards for the table. The trend of multiple credit cards seems to lead from a new generation of younger diners who couldn't support the entire bill on their plastics. However, processing several cards requires extra time and fees.
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[05:55:58 AM Monday, June 09, 2008]

Good news for people who are annoyed to receive junk mail! Unsolicited credit card offers may soon have a smaller presence in U.S. mailboxes. Due to the today's economic uncertainty and lower response rates, the financial service companies have reduced direct mailing. According to the researches, the volume of unsolicited credit card offers fell nearly 14% in the first quarter of 2008 in comparison with the same period last year. Credit companies are creating more efficient marketing strategies than direct mail.
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[05:38:38 AM Thursday, May 29, 2008]

Global entertainment company Universal Studios has announced a seven-year alliance with GE Money, the consumer and small business lending unit of General Electric, and American Express, a leading financial services provider. By joining forces, the companies have launched a new credit product: Universal American Express Card. It comes with a host of entertainment-centric perks targeted at all members of family. Universal American Express Card offers money-saving discounts on select purchases at Universal Parks and Resorts, exclusive access to Universal parks, movie premieres, private screenings and other events.
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[05:09:14 AM Thursday, May 15, 2008]

Borrowing money has become very difficult under the dark cloud of the global credit crunch. Nearly 30% of credit companies have tightened their requirements for credit card applicants. Maintaining good credit score has become vitally important. Being reported as delinquent or making late payments can certainly hurt your credit rating. As a result, the number of people looking for credit counseling to eliminate their debts has risen to 25%. And this figure is going to increase in future because good credit counseling services can greatly help people get back on their feet and improve their financial situation.
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[06:04:01 AM Thursday, May 01, 2008]

MasterCard, the second biggest global credit card network after Visa, has reported the increase of profit in the 1st quarter of 2008. The company's shares immediately rose about 14 percent. The boost of revenue was caused by the increased number of domestic and foreign transactions. New overseas markets have become very profitable for the company. The number of credit card holders using MasterCard plastics for purchases outside the United States has significantly grown. Card holder spending within the United States is rising as well, but at a more moderate pace.
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[03:36:29 AM Thursday, April 17, 2008]

Britons and Americans have much more in common than English language only. For example, they have similar highly-developed credit industries. Great Britain and America are world leaders in credit card use. Though Britons don't like to talk about work and money, it doesn't prevent them from conducting financial surveys on their spending habits. The most recent figures from the British Bankers' Association show that 78 per cent of adults own at least one credit card. More than 3 million Britons own five or more credit cards.
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[05:33:18 AM Thursday, April 03, 2008]

Bank of America is expanding its offering of exclusive Major League Baseball financial products for baseball fans. New line of checks, credit cards and debit cards comes with MLB logos and designs. The credit card rewards program gives all baseball fans unique opportunities. They will be able to attend special Club or MLB events, receive autographed merchandise, visit the field during pre-game activities or throw out a ceremonial first pitch. The credit cards will provide lifelong memories and unique baseball experiences to all fans of America's National Pastime.
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[04:52:28 AM Thursday, March 20, 2008]

The House Financial Services Committee is examining the ways to provide credit card holders with clearer information and more control over their credit accounts. The cost of credit card borrowing tends to be higher than other forms of credit due to revising fees and interest rates. The credit companies have the right to change the rates according to their own obscure criteria of credit risk. New legislations will help clarify the terms and conditions of credit card agreements and protect cardholders from excessive charges.
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[05:12:59 AM Thursday, March 06, 2008]

Citi announced the exclusive credit card partnership with Live Nation, the U.S. largest concert promoter and ticket retailer. The challenging marketing alliance will promote Live Nation's comprehensive live music platform and give exclusive benefits to Citi credit card holders. With the deal, Citi replaces American Express, whose relationships with Live Nation dated back to 1999.
Citi has already got Private Pass program offering card holders pre-sale tickets for music shows, sports events and theater performances. The partnership with Live Nation will enable the company to offer new opportunities to their customers.
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[05:57:21 AM Thursday, January 24, 2008]

The first month of 2008 hasn't brought any positive changes to the US financial market. Economists are talking about recession. Its signs are obvious - mortgage crises, stock market fall and constant growth of consumer debt. The Fed rate cut is clearly an emergency measure. What's next? Experts are not very optimistic: America is likely to face a crisis on the credit card market.
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The Latest Articles

Auto Rewards Credit Cards

[July 01, 2008]

Looking for a way to cut down your car maintenance costs? Maybe your credit card can help. In recent years most of the major automobile manufacturers have introduced branded credit cards providing auto rewards. The cardholders can earn points redeemable for the purchase of a new or used vehicle, auto parts, maintenance and merchandise. So if you want to benefit from your spending and get car-related services for free, then choose a credit card that deals with your auto manufacturer!

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Credit Cards Abroad

[June 20, 2008]

Summer is a great season for visiting foreign countries. For many travelers, credit cards are a preferred mode of payment due to their convenience, flexibility, great purchasing power and global acceptance. People rely on their American credit cards to pay for most goods or services overseas. However, every purchase usually comes with a foreign transaction fee. So before waving goodbye and going to your new destination, discover what extra fees you will need to pay when using your plastic abroad. It will help you pick the most suitable credit card and avoid additional expenses.

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Credit Card Fraud

[June 06, 2008]

Nowadays most people use plastics as a preferred mode of payment. However, the reverse side of such popularity is a credit card fraud. Scammers are constantly creating new ways to misappropriate your money. Have you received an e-mail asking you to click a link and submit your personal or credit data? These messages are called "phishing" because the sender is fishing for information to commit a credit card fraud. The number of phishing e-mails sent world-wide each month reaches 6.1 billion. If you want to know more about the detection and protection from a phishing scam, this article is for you.

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Credit Cards from Celebrities

[May 23, 2008]

It's not news that some super stars happen to be really great business owners on top of their talents. Actresses, musicians, TV-stars launch their own clothing lines and new fragrances and it must be said these brand new products win the hearts of die-hard fans and not only. Oddly enough, credit cards from celebrities appeared to be not so popular and most of them failed soon after their launch.

Though celebs have been trying to launch unique credit offers, few of celeb-brand plastics have met the requirements of cardholders. What's the reason for this bad luck? Why does celebrity-brand clothing win but credit cards not? Read on for more information!

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