Posted on Wednesday, 15th July 2009 by Sam
What is the biggest credit card purchase in history? Here’s the answer… sort of…
Imagine opening up your monthly credit card statement to discover that you owe $23 quadrillion dollars! Well, around 13,000 cardholders of Bank of America’s prepaid cards saw exactly that - an amount that is more than the entire planet’s GDP! Of course, [...]
Tags: bank of america, credit cards, visa
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Posted on Wednesday, 10th June 2009 by CreditCardGuru
Do you own a U.S. Airways Dividend credit card? Then you may be asking “Why did my U.S. Airways switch from Visa to MasterCard?” Well, it is very unusual for a financial institution to change from MasterCard to Visa and vice-versa. Historically, you only see this occur during a mergers and acquisitions, when the two [...]
Tags: airline credit cards, bank of america, barclaycard, mastercard, u.s. airways dividend, visa
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Posted on Tuesday, 16th December 2008 by Nicole
A member on Credit Card forum pointed out the news that there is a new Visa black credit card which has just been released, but is this really nothing more than an imitation of the American Express Centurion card?
The Black Card (yes, that is the official trademarked name of the card) carries a $495 fee. [...]
Tags: american express, black card, centurion, credit cards, visa
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Posted on Monday, 17th November 2008 by Nicole
Credit cards were created over fifty years ago, long before there was such thing as the personal computers, the internet, and of course online shopping. The credit card industry has tried adding security codes and using elaborate fraud detection algorithms, but credit card fraud still thrives everyday. Even though the actual cardholder is never responsible [...]
Tags: credit card fraud, credit cards, online credit card fraud, visa
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Posted on Sunday, 7th September 2008 by CreditCardGuru
Across the globe people are increasingly turning to the convenience and security of card payments instead of using cash or checks. Visa International is at the forefront of this explosive growth – generating $3 trillion in sales volume and is accepted in more than 150 countries. Visa’s general manager of the Middle East, Kamran Siddiqi, [...]
Tags: credit cards, growth, international, iraq, middle east, overseas, visa
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