Credit Cards News Archive
(Displaying 35 to 44 (of 80 news))
[06:26:15 AM Thursday, September 18, 2008]
Going to the next Olympic Games in London in 2012? Don't carry American dollars with you! Visa has announced that the next Olympics will be entirely cashless for visitors. The company is going to issue hundreds of thousands of "contactless" credit cards that you only need to swipe over a reader in order to make a transaction. The payment will be processed securely and cost-effectively in seconds. The innovative credit cards will also work on public transport and may even include electronic tickets for different sport events.
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[04:45:10 AM Thursday, September 04, 2008]
Each year Fortune magazine publishes its well-known "America's Most Admired Companies" rank list. The company and its survey partners at Hay Group ask experts to select 10 companies they admire most in different industries from aerospace to wholesalers. The companies are valued on eight criteria, from quality of products and services to social responsibility. The winners have strong records of innovation, leadership, and financial strength. Which credit companies scored the highest rank in personal finance industry this year? Read our news to find the answer.
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[06:21:23 AM Thursday, August 21, 2008]
Every time you open financial news, chances are that you see an article about new victims of credit card fraud. Millions of Americans annually report unauthorized credit card charges, account losses or other forms of identity theft that incur as a result of data-security breaches. It may take months to repair the damage caused by fraudulent charges. In order to protect people from credit fraud, Visa Inc. and eight American and Canadian lenders have launched a pilot program that will alert cardholders in real time about all critical transactions involving their plastic money.
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[05:31:14 AM Thursday, August 07, 2008]
Many airlines have begun to accept credit cards for onboard purchases. For frequent travelers who rely on their credit cards, it is good news because the change in the airlines' payment policy lets them not withdraw cash for the trip. Thus they can reduce the possibility to become a victim of crimes who like pick pocketing in unfamiliar, tourist-heavy areas. In addition, paying with plastic allows business or leisure travelers to track and record their spending for budget planning, reimbursement or tax purposes more easily.
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[04:24:35 AM Thursday, July 24, 2008]
American Express has enhanced its Gold Card Destinations program - an array of outstanding travel benefits offered at no additional cost on every consumer AmEx Gold card. The company is going to provide a $75 food and beverage credit every time a cardholder books an accommodation of two or more consecutive nights at participating hotels across four Starwood brands: Le Meridien Hotels and Resorts, Sheraton Hotels and Resorts, W Hotels and Westin Hotels and Resorts. The new benefit is designed for American Express Gold Card holders in the United States.
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[06:04:19 AM Thursday, July 10, 2008]
Have you ever dreamed of meeting a rock star and hearing how they got their start? MasterCard gives you a chance to do it. For its summer promotion, the company has teamed up with Bon Jovi, Kenny Chesney and Eric Clapton to offer five lucky MasterCard customers an opportunity to win money-cannot-buy music experiences. If you have a MasterCard in your wallet, you can meet and greet with the artist of your choice, see their performance and visit locations where they started their music career. It is the unique opportunity that few fans will ever have.
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[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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