Top Credit Card Offers: June 2012

Posted by administrator | 02/06/12 | Tagged Credit Card

Top Credit Card Offers: June 2012
News from Business Insider:

… Read the full article

Related News:

FirstBank Puerto Rico buys credit card portfolio
News from Sacramento Bee:

The parent company of FirstBank Puerto Rico said Friday that it bought a $ 402 million credit card portfolio from FIA Card Services.

The bank’s parent company, San Juan-based First BanCorp, said in a statement that purchasing the portfolio of FirstBank-branded cards will help it deepen its ties with current customers and attract more. It also gives the bank a new source of revenue.

The bank said that customers will not be affected because FIA Card Services will continue to service the accounts into next year. FirstBank announced it intended to buy the credit card portfolio a month ago. It said then that the portfolio contained about 150,000 active relationships.

The bank’s shares fell 4 percent amid a broad sell-off across world markets.

What You Should Know About Comments on is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can’t play nice. (See our full terms of service here.)

Here are some rules of the road:

• Keep your comments civil. Don’t insult one another or the subjects of our articles. If you think a comme…………… continues on Sacramento Bee

… Read the full article

© 2018. Credit Card Talk