Citi Enhances its Citi Diamond Preferred Credit
Cards
May 14, 2008
Citi has announced new changes to its suite of Citi Diamond
Preferred credit cards. The cards will now offer access to special
events and unique experiences, concierge service, valuable
discounts and a complimentary annual account summary. Plus,
the Cit Diamond Preferred credit cards now have a new refined
look. In addition, the cards will still have no annual fee which is
rare for a card that offers all of these rewards and benefits.
Chase Agrees to Purchase a Portion of Target's
Credit Card Receivables
May 5, 2008
Chase has agreed to purchase approximately 47 percent of the
principal amount of Target's outstanding credit card receivables.
The transaction is worth approximately $3.6 billion and is
expected to close by the end of May. This transaction will not
affect any of Target's credit card holders or Target team members
who provide financial services to them.
Bank of America Introduces the Asiana
American Express® Card from Bank of America
May 1, 2008
Bank of America, American Express and Asian Airlines have
joined together to offer a new travel rewards credit card. The
Asiana American Express® Card from Bank of America will allow
consumers to three miles for every dollar spent at select grocery
store locations and two miles for every dollar spent on all other
purchases. In addition, cardmembers will earn 5,000 bonus miles
after making their first purchase and will have access to
participating members-only golf courses located in Korea and
throughout the Asia Pacific region.
Cards
May 14, 2008
Citi has announced new changes to its suite of Citi Diamond
Preferred credit cards. The cards will now offer access to special
events and unique experiences, concierge service, valuable
discounts and a complimentary annual account summary. Plus,
the Cit Diamond Preferred credit cards now have a new refined
look. In addition, the cards will still have no annual fee which is
rare for a card that offers all of these rewards and benefits.
Chase Agrees to Purchase a Portion of Target's
Credit Card Receivables
May 5, 2008
Chase has agreed to purchase approximately 47 percent of the
principal amount of Target's outstanding credit card receivables.
The transaction is worth approximately $3.6 billion and is
expected to close by the end of May. This transaction will not
affect any of Target's credit card holders or Target team members
who provide financial services to them.
Bank of America Introduces the Asiana
American Express® Card from Bank of America
May 1, 2008
Bank of America, American Express and Asian Airlines have
joined together to offer a new travel rewards credit card. The
Asiana American Express® Card from Bank of America will allow
consumers to three miles for every dollar spent at select grocery
store locations and two miles for every dollar spent on all other
purchases. In addition, cardmembers will earn 5,000 bonus miles
after making their first purchase and will have access to
participating members-only golf courses located in Korea and
throughout the Asia Pacific region.
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