Articles > Business magazines > Finance and Accounting magazines > American Banker articles > April 2007

Article: Popular Restarting Mainland Card Line.(Banco Popular North America offering credit cards again)

Article from:
American Banker
Article date:
April 17, 2007
Author:
Copyright

Six years after exiting the business, Popular Inc. is once again offering credit cards to its mainland customers.

Banco Popular North America, the $47.7 billion-asset San Juan, Puerto Rico, company's Chicago subsidiary, began taking applications Monday for two MasterCard Inc. credit cards, including one for customers with little or no credit history that must be secured by a Popular savings account.

A number of companies have recently re-entered the card business, which they left after large banks bought their third-party vendors. Popular issues its own cards in Puerto Rico, its main banking market, and sold its mainland portfolio to Metris Cos. Inc. in 2000. ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Banco Santander Puerto Rico Issues American ...
PR Newswire;  October 24, 2000 ;     700+ words ... ... Santander American Express Credit Cards bring outstanding new choices ... Currently, more than 90% of credit cards in force in Puerto Rico are active, a percentage ... Santander American Express Credit Cards effectively serve this trend ...

Article: FASHION SCOOPS: LATE ARRIVAL...BELLA NOCHE...HORSING ...
WWD;  October 27, 2006 ;     700+ words ... ... comes as no surprise that David Yurman has a penchant for all things equestrian. So when the jeweler trekked to San Juan, Puerto Rico, on Oct. 18 to celebrate the opening of the brand's new store there, he was welcomed quite to his tastes. Reinhold ...

Article: AMERICAN EXPRESS: Banco Popular de Puerto Rico ...
M2 Presswire;  August 21, 1998 ;     700+ words ... ... American Express Card in Puerto Rico. This general purpose ... leading issuer of credit cards in Puerto Rico, it is a great honor ... branches throughout Puerto Rico and the Virgin Islands ... leader in charge and credit cards, Travelers Cheques ...

Article: Banco Popular de Puerto Rico Launches an American ...
PR Newswire;  August 18, 1998 ;     700+ words ... ... PRNewswire/ -- Banco Popular de Puerto Rico and American Express today announced ... Popular American Express Card in Puerto Rico. This general purpose revolving ... Popular, as the leading issuer of credit cards in Puerto Rico, it is a great honor to establish ...

Article: Royal Bank of Canada launches US dollar Visa card in ...
PR Newswire;  December 8, 1987 ;     680 words ... ... OF CANADA LAUNCHES US DOLLAR VISA CARD IN PUERTO RICO SAN JUAN, Puerto Rico, Dec. 8 /PRNewswire/ -- The Royal Bank ... introduced the classic Visa and premier Visa credit cards in Puerto Rico. The cards are denominated in U.S. dollars ...

Article: Banco Popular enhances offerings to bolster status as no. 1 in ...
American Banker;  December 12, 1995 ;     700+ words ... ... Popular de Puerto Rico, San Juan ... largest issuer of credit cards. The $13 ... like cobranded credit cards and rebate ... rarely seen in Puerto Rico, said Marina ... Popular issues credit cards only in Puerto Rico, but it has ...

Article: Banco Santander Puerto Rico to Launch American ...
PR Newswire;  July 1, 1999 ;     700+ words ... ... Rico is the first bank in Puerto Rico to announce that it will ... addition, Banco Santander Puerto Rico will issue Standard and Gold ... Express branded revolving credit cards. All Banco Santander Puerto Rico American Express Cards ...

Article: DCR ASSIGNS RATINGS TO FIRSTBANK PUERTO RICO
PR Newswire;  February 6, 1996 ;     700+ words ... ... personal loans and credit cards. The bank is ... categories in Puerto Rico; FirstBank has ... market share in credit cards. The shift to ... personal loans and credit cards. With the third ... branch network in Puerto Rico, FirstBank had ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives