Credit News
March 2007
March 2007
Federal reserve releases consumer credit report
March 7, 2007
The federal reserve released its consumer credit report for
January which outlines how much consumers borrowed during the
month. Overall consumer credit debt increased at a modest rate
of 3.25%. Revolving credit debt which includes credit cards raised
at an annual rate of 1% while non revolving credit debt raised at
an annual rate of 4.5%. The report showed that as of January
revolving credit debt totaled $879.4 billion.
Discover offers new credit card that rewards you for good
credit management
March 14, 2007
Discover Financial Services has launched the Discover® Motivasm
Card which gives you cash back for paying your credit card bill on
time. The Discover® Motivasm Card offers consumers one months
interest back as a Pay-On-Time Bonussm. Every time a
cardmember makes six monthly payments towards their Discover
card on time they will receive the Pay-On-Time Bonussm. In
addition to the Pay-On-Time Bonussm, cardmembers will earn up
to 1% cash back on all purchases they make. The Discover®
Motivasm Card also offers payment reminders and allows you to
pay your Discover card bill by phone for free. The Discover®
Motivasm Card is great for consumers who carry a balance and
want to be rewarded for paying their bills on time.
Chase offers new Zappos Rewards Visa®
March 21, 2007
Chase Card Services and Zappos.com have partnered together
to offer the Zappos Rewards Visa®. The Zappos Rewards Visa®
features no annual fees and a 0% APR introductory offer for up to
six months. Cardmembers will also enjoy a $25 statement credit
once they begin using their Zappos Rewards Visa®. The Zappos
Rewards Visa® allows cardmembers to earn 2 points on all
eligible Zappos.com purchases and 1 point on all other eligible
purchases. Once the cardmember has accumulated 2500 points
they will receive a $25 Zappos.com gift certificate. Zappos.com
offers handbags, shoes, apparel items and accessories from over
1000 brands.
Pay your taxes and get Double Miles when you use your
United Mileage Plus Visa
March 27, 2007
Chase Card Services and United Airlines are offering United
Mileage Plus Visa cardmembers double miles when they pay their
taxes with their credit card. Cardholders will earn double miles for
every dollar they spend on their personal federal income tax,
state tax or property tax between March 1 and May 25, 2007.
Chase is also offering its cardmembers 15,000 bonus miles during
2007 if they refer a friend to become a United Mileage Plus Visa
cardmember. Cardmembers can also earn an additional 500
bonus miles when they enroll in paperless statements.
March 7, 2007
The federal reserve released its consumer credit report for
January which outlines how much consumers borrowed during the
month. Overall consumer credit debt increased at a modest rate
of 3.25%. Revolving credit debt which includes credit cards raised
at an annual rate of 1% while non revolving credit debt raised at
an annual rate of 4.5%. The report showed that as of January
revolving credit debt totaled $879.4 billion.
Discover offers new credit card that rewards you for good
credit management
March 14, 2007
Discover Financial Services has launched the Discover® Motivasm
Card which gives you cash back for paying your credit card bill on
time. The Discover® Motivasm Card offers consumers one months
interest back as a Pay-On-Time Bonussm. Every time a
cardmember makes six monthly payments towards their Discover
card on time they will receive the Pay-On-Time Bonussm. In
addition to the Pay-On-Time Bonussm, cardmembers will earn up
to 1% cash back on all purchases they make. The Discover®
Motivasm Card also offers payment reminders and allows you to
pay your Discover card bill by phone for free. The Discover®
Motivasm Card is great for consumers who carry a balance and
want to be rewarded for paying their bills on time.
Chase offers new Zappos Rewards Visa®
March 21, 2007
Chase Card Services and Zappos.com have partnered together
to offer the Zappos Rewards Visa®. The Zappos Rewards Visa®
features no annual fees and a 0% APR introductory offer for up to
six months. Cardmembers will also enjoy a $25 statement credit
once they begin using their Zappos Rewards Visa®. The Zappos
Rewards Visa® allows cardmembers to earn 2 points on all
eligible Zappos.com purchases and 1 point on all other eligible
purchases. Once the cardmember has accumulated 2500 points
they will receive a $25 Zappos.com gift certificate. Zappos.com
offers handbags, shoes, apparel items and accessories from over
1000 brands.
Pay your taxes and get Double Miles when you use your
United Mileage Plus Visa
March 27, 2007
Chase Card Services and United Airlines are offering United
Mileage Plus Visa cardmembers double miles when they pay their
taxes with their credit card. Cardholders will earn double miles for
every dollar they spend on their personal federal income tax,
state tax or property tax between March 1 and May 25, 2007.
Chase is also offering its cardmembers 15,000 bonus miles during
2007 if they refer a friend to become a United Mileage Plus Visa
cardmember. Cardmembers can also earn an additional 500
bonus miles when they enroll in paperless statements.
|