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Oct 13

Analysts Bullish On Credit Card Companies Yesterday

Posted on Tuesday, October 13, 2009 in General

Analysts were bullish on credit card companies yesterday, with two major companies receiving upgrades.

Visa Inc. was boosted to “Outperform” from “Neutral” at Credit Suisse Group, which said that the stock was attractive at current price levels. Visa’s top competitor, MasterCard, also received an upgrade to “Outperform” from “Neutral” at Credit Suisse Group, and Barclays PLC raised its Earnings estimate on the company to US$ 10.90 a share from US$ 10.85 a share.

Visa added 1.04% to US$ 73.70 while Mastercard gained 0.74% to close at US$216.00 at close of trading yesterday.

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Oct 12

Facecard Prepaid MasterCard Update

Posted on Monday, October 12, 2009 in General

MetaBank recently updated available options on its Facecard Prepaid MasterCard product. Here are the details:

* FREE activation with NO annual or monthly fees!

* Instant Guaranteed Approval* – no credit check, no security deposit

* Free Direct Deposit – easy access to your funds

* Free Online Bill pay – no more mailing costly money orders.

* Free Money Transfers to other Facecard members – no more spending money on wire transfers.

* Ability to use anywhere MasterCard debit cards are accepted, including ATMs.

* Receive Prewards, which are like coupons, put directly on your card.

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