Author Archives: ccwatcher

Are 0% Balance Transfers Going Away?

A recent SmartMoney article suggests that 0% offers could soon become a thing of the past, due to the impending passage of the Credit Cardholders’ Bill of Rights Act. Credit card issuers claim that should the proposed changes pass, they may not be able to afford to extend these promos anymore. Are these just scare tactics on the part of card issuers or is there substance to the threat?
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Visa SavingsEdge Helps Small Businesses Save More

Visa just announced that it is introducing Visa SavingsEdge, a new automatic savings program for small business credit card holders. Under the free program, members will receive automatic discounts when they use their enrolled Visa Business credit and check cards at participating merchants. Savings will appear as an account credit on their monthly statement. The program is no doubt an answer to similar small business programs already offered by other networks, such as American Express’ Open Savings and the MasterCard Easy Savings program.
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Discover Holiday Mall Promo: $20 Gift Card For Every $200 in Spending

Discover’s popular “Turn Receipts into Rewards” program is resurfacing again this holiday season and it’s bigger than ever. From November 1, 2008 through January 4, 2009, you’ll receive a $20 Discover gift card for every $200 in spending on your Discover Card at participating malls while supplies last. (Gift cards are valid for use anywhere that Discover is accepted.) This time, over 160 malls nationwide will be participating, up from the 45 that participated in the fall version of the program.
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