Archive for January, 2007

Pay Off That Holiday Debt

Monday, January 8th, 2007

The flurry of gift shopping near the end of the year leads some down the path of least resistance and into the land of credit card debt. The holiday spend-athon no doubt puts pressure on consumers to buy more and boost their personal deficits ever higher.
The Consumer Credit Counseling Service offers tips to consumers who […]

Behind the Most Prestigous Credit Card: American Express Black

Friday, January 5th, 2007

For many years, people whispered about an American Express Black Card that was offered to the most affluent and powerful people throughout the world. Some say that the urban legend inspired American Express to create the Black Card in 1999. Others insist that it already secretly existed and that the company merely publicized its reality.
In […]

Top Credit Cards of 2006

Thursday, January 4th, 2007

Motley Fool just came out with their list of the top credit cards for 2006. They were chosen because of their features, the breadth of their appeal, and the interest they generated at the company’s website.
Without further ado here they are:

JPMorgan Chase’s: Chase Home Improvement Rewards Visa. This card offers 3% rebates on home improvement-related […]

Bank Issues Credit Card To A Cat

Thursday, January 4th, 2007

An Australian bank has apologized for issuing a credit card to a cat after its owner decided to test the bank’s identity security system.
The Bank of Queensland issued a credit card to Messiah the cat when his owner Katherine Campbell applied for a secondary card on her account under its name.
“I just couldn’t believe it. […]

Thousands Have Credit Cards Refused By Visa Mess-Up

Tuesday, January 2nd, 2007

Thousands of people found their credit cards were refused on New Year’s Eve after the Visa authorization system went into meltdown. The computer authoriszation system could not cope with the huge rush of people in bars and restaurants trying to pay their bills at the same time.
The system is understood to have failed at around […]