GE Shopping $290M First Lien for Insight Pharma
- GE simplifies rebates to battle card rivals. Fickenscher, Lisa // American Banker;5/16/1994, Vol. 159 Issue 93, p1
Reports on GE Capital Consumer Card Co.'s major changes in its rebate program for its GE Rewards MasterCard value-added credit card. Competitive phase for credit card business; Chase Manhattan Bank's introduction of CashBuilder Visa; GE's issuance of rebate checks in July 1994; Tiered interest...
- Despite outcry, GE's card fee may become industry norm. Coulton, Antoinette // American Banker;9/13/1996, Vol. 161 Issue 176, p1
Focuses on developments related to General Electric Capital Corp.'s decision to ask for a $25 annual fee from credit card customers who regularly pay off their balances. Consumer backlash; Anticipation of similar moves from other card issuers.
- Use it or lose it, credit card companies tell card holders. Bowser, Andrew // New Orleans CityBusiness (1994 to 2008);11/04/96, Vol. 17 Issue 18, p24
Focuses on an announcement by GE Capital Corporation, issuer of the GE Rewards MasterCard, that cardholders who don't pay a balance will be subjected to a $25 annual fee. Comments from Donald J. Mullineaux, professor of banking and financial institutions at the University of Kentucky Carol...
- GE Capital offers Euro credit cards. // Fairfield County Business Journal;01/25/99, Vol. 38 Issue 4, p3
Reports on GE Capital Corp.'s launching of a euro-dominated corporate credit card program for multinational clients. Ability of clients to use MasterCard credit cards for travel and purchasing expenses; Number of European countries participating in the three-year European Monetary Union...
- GE Capital offers Euro credit cards. // Westchester County Business Journal;01/25/99, Vol. 38 Issue 4, p12
Reports on GE Capital Corp.'s launching of a euro-denominated corporate credit card program for multinational clients.
- HFIA Card Backer Renamed. // Gifts & Decorative Accessories;Jul99, Vol. 100 Issue 7, p270
Reports that the GE Capital Consumer Card Co., the servicing organization of the Home Furnishings International Association's Interiors Card program, was renamed to Monogram Credit Services.
- Milacron secures new line of credit. // Plastics News;1/29/2007, Vol. 18 Issue 48, p16
The article reports that Cincinnati, Ohio-based company Milacron Inc. has signed a new five-year revolving line of credit with General Electric Capital Corp., providing as much as $105 million in borrowing power. Based on current asset levels, the new asset-based loan increases Milacron's total...
- GE to service card from Home Shopping club. // American Banker;4/6/1994, Vol. 159 Issue 65, p13
Reports on a credit card called The Club Card launched by Home Shopping Network (HSN) which will be serviced by GE Capital Corporation. Credit card for making purchases from HSN's television programming, outlet stores, mail-order catalogs and other HSN services; Absence of an annual fee;...
- Optima is outpacing GE card in account growth, survey says. Fickenscher, Lisa // American Banker;10/31/1995, Vol. 160 Issue 210, p22
Reports on a consumer survey by Brittain Associates Inc. showing that American Express' Optima True Grace Card is growing ahead of GE Capital's Exxon card. Number of Optima accounts opened since April 1995; Factors behind success of Optima; User base of Optima cards.