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Authors

Curtis Arnold
Curtis Arnold, Editor-in-Chief
Joe Taylor
Joe Taylor Jr., Reporter
Amber Stubbs
Amber Stubbs, Managing Editor

Bank of America

  • Bank of America reissues credit cards after security breach

    Some Bank of America customers in upstate New York got a new credit card in the mail recently, but not all were sure why. The bank sent replacement debit cards and credit cards to customers who may have had their financial information compromised by a third party. A television station in Rochester, N.Y., reported some customers [...]

  • Bank of America card holders get free museum entry

    Bank of America has announced some new members of its Museums on Us program, now in its 15thyear. The program allows Bank of America credit card or debit card holders the opportunity to visit participating museums across the country for free one weekend each month. Merrill Lynch debit and credit card holders are also part [...]

  • Bank of America sells $700-million credit card portfolio

    Bank of America has sold a $700-million chunk of its credit card portfolio to U.S. Bank, according to a press release by Elan Financial Services, the division of U.S. Bancorp that will manage the portfolio. Bank of America has announced it is planning to get out of the role of being an agent bank credit [...]

  • Bank of America unit to roll out chip-and-PIN business credit cards in 2012

    Business travelers who manage international travel expenses with accounts from Bank of America Merrill Lynch can expect easier credit card transactions in Europe starting in 2012. According to industry trade publication reports, a successful pilot program has led the Bank of America subsidiary to announce wider availability for "chip-and-PIN" credit cards early in the new [...]

  • RyVo pitches Bank of America's cash back rewards card

    Bank of America enlisted San Francisco Giants starting pitcher Ryan Vogelsong to help launch a new promotion for its BankAmericard Cash Rewards card this month. RyVo turned up at a Bay Area Safeway, signing souvenirs and picking up the tab for a handful of lucky fans who also learned about the credit card's new cash [...]

  • Discover Card website top ranked for customer experience

    Discover Card edged past previous winner Bank of America in a prestigious industry survey of top-rated credit card websites. Discover Financial Services officials announced that their website earned the award for Best Overall Customer Experience in the 2011 Keynote Competitive Research Industry Study of U.S. credit card marketing websites. Researchers from Keynote Competitive Research studied [...]

  • AmEx, Chase and B of A lead corporate support of 9/11 Day Observance

    American Express, JPMorgan Chase and Bank of America lead a pack of corporate donors throwing their weight behind a nationwide day of volunteer service observing the 10th anniversary of the 9/11 terrorist attacks. Organizers of the nonprofit 9/11 Day Observance coalition announced plans for events surrounding the federally recognized 9/11 Day of Service and Remembrance. In [...]

  • Bank of America tops Fed's shrinking list of college credit card partnerships

    Credit card agreements between banks and colleges declined in 2010, even though the number of lenders seeking access to college students and alumni grew slightly since 2009. Those details emerged from the Federal Reserve Board's annual report to Congress on the state of marketing relationships among universities, colleges, alumni associations, and banks. According to the Fed, [...]

  • Bank of America tops credit card safety scorecard for fifth year

    Bank of America celebrates its fifth consecutive year as the top bank for credit card safety, according to analysts at Javelin Strategy & Research. The think tank released its annual Card Issuer's Safety Scorecard, revealing lenders with the best track records for fighting identity theft and fixing fraudulent transactions. Topping the 2011 list: Bank of America Discover U.S. [...]

  • Regions Bank pulls credit card servicing in-house, ending B of A deal

    In a transaction involving more than a billion dollars in accounts, Alabama-based Regions Bank announced an agreement to purchase its private-label consumer credit card portfolio from FIA Card Services, a Bank of America subsidiary. According to Forbes.com, the deal involved half a million consumer credit card accounts marketed under the Regions Bank name. Bank of America [...]

  • Bank of America plans to cut interest rates on one million credit cards

    Credit card holders whose rates were increased in recent years due to economic uncertainty could soon see rate reductions as credit card reform takes effect.According to an AP report published in the Reno Gazette-Journal on March 26, Bank of America revealed that it intends to "reduce the rate on about one million of its cards." [...]