MasterCard and Barclaycard test crowdsourced card

03/5/2012 | ZDNet

MasterCard and Barclaycard U.S. are promoting the first crowdsourced credit card, expected to be available this spring. The Barclaycard Ring will begin with an 8% interest rate, but terms such as rewards, fees and interest rates will be negotiated through an online social media community of cardholders.

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