Bank of America Unveils its First Premium Credit Card
June 11, 2007
Bank of America unveiled its new Bank of America Accolades™
American Express® card. The Bank of America Accolades™
credit card is offered to Bank of Americas wealthy and more
affluent customers. The card offers many reward benefits that
include limited edition memorabilia, once in a lifetime attractions,
and an array of travel offers. Cardmembers will also take pleasure
in the concierge service which assists cardmembers in getting a
hold of event tickets, restaurant reservations and travel
information. Bank of America will also reward its customers by
waiving the annual fee for Private Bank customers. The Bank of
America Accolades™ American Express® Card features the best
benefits and rewards available in a rewards credit card.
New York Taxicabs to be Equipped With Contactless
Payment Readers
June 12, 2007
Visa and Creative Mobile Technologies have partnered together
to set up contactless payment readers in thousands of New York
taxicabs. The contactless payment readers will allow passengers
to simply wave a credit card that features the Visa payWave
technology in front of the reader to pay for their fares. This give
customers and taxicab drivers speed and convenience when
paying for fares. Passengers have a choice of waving their credit
card in front of the reader or swiping their credit card through it. In
addition credit card transactions under $25 do not require a
signature.
MasterCard Launches MasterCard Product Graduation™
June 15, 2007
MasterCard announced that they have created a solution that will
allow cardholders to keep their credit card account number when
they change reward programs. By keeping the same account
number, cardholders will not have to worry about their recurring
bill payments being disrupted. Before the launch of MasterCard
Product Graduation™, cardholders had to get a whole new 16
digit credit card number whenever they made a change or
upgraded their rewards program. This caused a big
inconvenience to the cardholders and merchants. The
MasterCard Product Graduation™ will also make it easier for
credit card issuers to upgrade their clients credit card programs
due to the ease of the transition the MasterCard Product
Graduation™ provides.
Citi Introduces the Citi Chairman American Express Card
June 21, 2007
Citi announced that they will be offering a new credit card
exclusively for its Smith Barney and Citi Private Bank clients. The
Citi Chairman American Express Card allows cardmembers to
earn reward points on all purchases and use them towards
electronics, gift cards, luxury travel, and over great rewards.
Cardmembers can also earn points for miles they fly on any airline
ticket they purchase with the card. The Citi Chairman American
Express Card also features a personal concierge service and no
foreign currency transaction fees Cardmembers have premium
travel benefits such as access to private jet programs, airport
lounges, and upgrades and discounts at world class destinations.
The Citi Chairman American Express Card is designed to give
cardmembers superior service and the best rewards available.
June 11, 2007
Bank of America unveiled its new Bank of America Accolades™
American Express® card. The Bank of America Accolades™
credit card is offered to Bank of Americas wealthy and more
affluent customers. The card offers many reward benefits that
include limited edition memorabilia, once in a lifetime attractions,
and an array of travel offers. Cardmembers will also take pleasure
in the concierge service which assists cardmembers in getting a
hold of event tickets, restaurant reservations and travel
information. Bank of America will also reward its customers by
waiving the annual fee for Private Bank customers. The Bank of
America Accolades™ American Express® Card features the best
benefits and rewards available in a rewards credit card.
New York Taxicabs to be Equipped With Contactless
Payment Readers
June 12, 2007
Visa and Creative Mobile Technologies have partnered together
to set up contactless payment readers in thousands of New York
taxicabs. The contactless payment readers will allow passengers
to simply wave a credit card that features the Visa payWave
technology in front of the reader to pay for their fares. This give
customers and taxicab drivers speed and convenience when
paying for fares. Passengers have a choice of waving their credit
card in front of the reader or swiping their credit card through it. In
addition credit card transactions under $25 do not require a
signature.
MasterCard Launches MasterCard Product Graduation™
June 15, 2007
MasterCard announced that they have created a solution that will
allow cardholders to keep their credit card account number when
they change reward programs. By keeping the same account
number, cardholders will not have to worry about their recurring
bill payments being disrupted. Before the launch of MasterCard
Product Graduation™, cardholders had to get a whole new 16
digit credit card number whenever they made a change or
upgraded their rewards program. This caused a big
inconvenience to the cardholders and merchants. The
MasterCard Product Graduation™ will also make it easier for
credit card issuers to upgrade their clients credit card programs
due to the ease of the transition the MasterCard Product
Graduation™ provides.
Citi Introduces the Citi Chairman American Express Card
June 21, 2007
Citi announced that they will be offering a new credit card
exclusively for its Smith Barney and Citi Private Bank clients. The
Citi Chairman American Express Card allows cardmembers to
earn reward points on all purchases and use them towards
electronics, gift cards, luxury travel, and over great rewards.
Cardmembers can also earn points for miles they fly on any airline
ticket they purchase with the card. The Citi Chairman American
Express Card also features a personal concierge service and no
foreign currency transaction fees Cardmembers have premium
travel benefits such as access to private jet programs, airport
lounges, and upgrades and discounts at world class destinations.
The Citi Chairman American Express Card is designed to give
cardmembers superior service and the best rewards available.
Credit News
June 2007
June 2007
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