December 17, 2004 09:10 AM
Citigroup Says It Will Issue American Express Cards
Excerpt: American Express, which fought for years for the right to sign deals with United States banks that issue cards on the Visa and MasterCard networks, said late yesterday that it had won a contract with Citigroup, the biggest credit card company in the world.
In the credit card world, it pays to be persistent.
American Express, which fought for years for the right to sign deals with United States banks that issue cards on the Visa and MasterCard networks, said late yesterday that it had won a contract with Citigroup, the biggest credit card company in the world.
The deal comes a month after MBNA, the third-biggest credit card company in the United States, introduced its first American Express card, and two months after the final blow was dealt to the exclusionary rules that had kept American Express away from banks.
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MBNA Pitches Rival Visa Card (December 14, 2004)
Just weeks after it began issuing cards from American Express Co., MBNA Corp. is telling potential customers that a rival card from Visa USA Inc. is "the only card you need to carry." MBNA, one of the nation's largest credit-card issuers, has begun to pitch ...
Credit Card Loyalty Put to the Switch Test (December 09, 2004)
When Patrick F. McIntyre received two American Express cards in the mail last month, he did not feel as if he had been welcomed into an exclusive club. Instead, he felt like a pawn in the credit card industry's latest maneuver. The MBNA Corporation, the ...
Read all 21 posts in the same category of Credit/Credit Card:
MBNA Pitches Rival Visa Card -
Dec 14, 2004
Credit Card Loyalty Put to the Switch Test - Dec 09, 2004
Credit Cards Offer Safety In Buying Online - Dec 06, 2004
How to Deal With Your Debts - Dec 04, 2004
FACTA & Your Credit - Dec 03, 2004
Warning On Internet Loans - Dec 02, 2004
High Court Sets Truth In Lending Limit - Dec 02, 2004
Free Credit Reports May Reveal Surprises - Dec 01, 2004
Free Credit Reports Coming, With Pitches - Nov 30, 2004
Teens Need To Embrace Identity Protection - Nov 30, 2004
What to Do About Your Credit - Nov 29, 2004
A Generation Weighed Down By Debt - Nov 28, 2004
7 Ways to Improve Your Credit Score - Nov 25, 2004
Free Credit Report Details Announced - Nov 25, 2004
One Late Payment Can Hit Finances Hard - Nov 25, 2004
Free Credit Reports Are On The Way - Nov 23, 2004
Card Debt - Nov 22, 2004
Soaring Interest Compounds Credit Card Pain for Millions - Nov 20, 2004
Gas Cutter - Nov 02, 2004
Payment Rates - Nov 02, 2004
Credit Card Loyalty Put to the Switch Test - Dec 09, 2004
Credit Cards Offer Safety In Buying Online - Dec 06, 2004
How to Deal With Your Debts - Dec 04, 2004
FACTA & Your Credit - Dec 03, 2004
Warning On Internet Loans - Dec 02, 2004
High Court Sets Truth In Lending Limit - Dec 02, 2004
Free Credit Reports May Reveal Surprises - Dec 01, 2004
Free Credit Reports Coming, With Pitches - Nov 30, 2004
Teens Need To Embrace Identity Protection - Nov 30, 2004
What to Do About Your Credit - Nov 29, 2004
A Generation Weighed Down By Debt - Nov 28, 2004
7 Ways to Improve Your Credit Score - Nov 25, 2004
Free Credit Report Details Announced - Nov 25, 2004
One Late Payment Can Hit Finances Hard - Nov 25, 2004
Free Credit Reports Are On The Way - Nov 23, 2004
Card Debt - Nov 22, 2004
Soaring Interest Compounds Credit Card Pain for Millions - Nov 20, 2004
Gas Cutter - Nov 02, 2004
Payment Rates - Nov 02, 2004
