‘BRITONS spent a record £436.47 billion on payment cards during 2004 as the use of plastic continued to grow in popularity, a report showed today.
The value of all transactions made on credit, debit, charge and store cards rose by 11 per cent during the 12-month period compared with the previous year.’
Read more at £436bn credit […]
‘Most South Korean credit card companies remained in the black in the first half on the back of improved asset quality and a gradual pickup in consumer spending, the country’s financial regulator said Tuesday.
Samsung Card Co., LG Card Co., and four other credit card firms posted a combined loss of 524 billion won (US$517 million) […]
‘Bank cards are becoming increasingly popular with just one global card company reporting three million new credit, debit and garage cards issued in South Africa last year compared to the previous year.
This brings the total number of Visa-branded cards in circulation in this country to 12.6 million.
Old Mutual Bank’s product manager, Ben Stander, says that […]
‘Juniper Bank has made a $455 million deal to become the credit card issuer for US Airways after the troubled airline completes its merger with America West.
The small Wilmington-based credit card issuer is displacing Bank of America, which will become the largest U.S. credit card issuer late this year after completing its $35 billion buyout […]
In a larger article on Credit Cards for Teens, Market Watch outlines these options for Credit cards for Teenagers.:
‘How do you know if your teenager is ready for the credit-card plunge? Experts say to consider these steps.
Debit card. While fast becoming a staple among adults, the debit card can also be a great “first step” […]
‘Winking from store windows, the little sticky signs with the Visa or MasterCard logos show just how many places credit cards are accepted.
And people are taking advantage of plastic.
“I would have to say almost all my customers use credit cards. I get more credit cards than cash, definitely,” said Jamie Moody, 24, of Port Huron, […]
‘A Massey University study has found that most people don’t know - or care - how much interest they are paying on their credit cards.
Researchers from Massey’s Department of Finance, Banking and Property wanted to find out how credit card companies are able to charge interest rates as high as 20%. The study concluded that […]