Word: mastercard
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Dates: during 1990-1999
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...being late or over limit. They're also shortening and rigidly enforcing grace periods on bill payments, upping foreign-transaction fees and imposing penalty interest rates of 20% or more. Some bewildered customers are being punished for not charging enough (inactivity fees). And even if you pay your MasterCard, say, but fall behind on your Discover charge, the MasterCard issuer might raise your interest rate, because you're deemed a greater credit risk...
...expect to make your case in court. Starting next month, the company can bring customer disputes to arbitration, which, it says, is the most efficient way to settle claims. This will also help the company avoid juries. BankOne and Bank of America have similar rules for Visa and MasterCard, but Citibank does...
...George Mason), all day W. Track at ECACs (at George Mason), all day TOMORROW M. Track at IC4As (at George Mason), all day W. Track at ECACs (at George Mason), all day ON TELEVISION NCAA W. Golf Tournament, ESPN2, 1 p.m. Bell Atlantic Classic (SPGA), ESPN, 3 p.m. Mastercard Colonial (PGA), NESN, 4 p.m. Blue Jays at Red Sox, WLVI, 7 p.m. Cubs at Braves, TBS, 7:30 p.m. Pacers at 76ers, TNT, 8 p.m. Rosenblatt vs. Bryan, ESPN2...
...years, credit-card companies have been after Congress to allow Americans to charge their tax bills, a move that Congress finally authorized in the Taxpayer Relief Act of 1997. The IRS started a pilot program in January that permits you to charge 1998 federal taxes (and only 1998) on MasterCard, American Express or Discover. You simply phone 1-888-2PAY-TAX or, if you are a Discover-card holder, pay over the Internet via Intuit's TurboTax software...
Think Hollywood is too corporate these days? It's just getting started. Last week publicity powerhouse PMK (which handles names like CRUISE, PFEIFFER, HANKS and DAMON) finally consented to marry McCann-Erickson (clients include GM, MasterCard and Coca-Cola). The New York ad giant was not so much interested in PMK's tidy profit margin--"We're just chump change to them," says LESLEE DART, one of PMK's three partners -as in its vast warehouse of stars. "Celebrity icons are brands," says JOHN DOONER, McCann-Erickson's CEO, "and there may be opportunities to work with like-minded brands...