Archive for June, 2005

United Rolls Out New Credit Card

‘United and Chase have unveiled a new rewards card – the United Mileage Plus Platinum Class Signature Visa card. For the first time, members can get a Mileage Plus Visa card that does not have a mileage cap and enables them to earn upto 15,000 miles toward elite status; double miles for United, Star Alliance […]

Sunday, June 26th, 2005

Waitress changes Credit Card Receipts for Tips

‘A waitress at Lone Star Steakhouse in Pasco County has admitted to altering credit card receipts to increase her tips, according to a sheriff’s office report.
Laurie Dennington, 26, was arrested Wednesday and is at the Land O’ Lakes Jail, charged with scheme to defraud. Records show she altered 10 receipts since May 6, totaling $133.’

Read […]

Thursday, June 23rd, 2005

Students heed parents on credit card advice

‘Parents are by far the primary source of information and advice for traditional college students as regards credit card usage. Furthermore, the more information provided by parents, the lower the credit card debt incurred by their college age children, a Penn State study shows.
“According to the students that responded to our survey, the media, peers […]

Sunday, June 19th, 2005

Cash is no longer king: Iraq launches credit card

‘e cash is king, the arrival of Iraq’s first credit card has been greeted with a mixture of enthusiasm and skepticism. The Trade Bank of Iraq launched the Visa card at a ceremony on May 9, as part of its plan to lift the economy and revive the banking system, which collapsed after the fall […]

Wednesday, June 15th, 2005

Federated sells credit card units

‘Federated Department Stores Inc. surprised few on Wall Street Thursday by announcing it would sell the credit card divisions of Federated and May Department Stores Co. to Citigroup for $4.5 billion to help pay for its $17 billion acquisition of May.
Department store credit card holders will see no changes to their credit services, Federated says.
Cincinnati-based […]

Sunday, June 12th, 2005

Interest-free credit cards set to end

‘CREDIT card users are set to say goodbye to interest-free periods.
Traditionally, credit card users enjoyed 53 days interest-free before their bill had to be settled.
But a batch of new cards are starting to charge you as soon as you spend, according to research from MoneyExpert.com. Some providers will now charge interest on purchases even if […]

Tuesday, June 7th, 2005

Cell Phone Credit Cards

‘In the beginning, the cell phone was a phone — handy for making calls but little else. Then manufacturers added cameras, e-mail, music, and even television to their phones, making the gadgets an essential part of daily routines. Now, Japanese carrier NTT DoCoMo Inc. (DCM ) wants to entrench the once-humble cell phone even deeper […]

Thursday, June 2nd, 2005

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