Saturday, March 7, 2009

Today's Fly Or Die Commerce Report: The MySpace Credit Card

MySpace has reportedly entered into a co-venture with Citibank to create a credit card.

Hoping to capitalize on MySpace's popularity among young adults, the companies have created a credit card that will be launched and marketed with a "Generation Forward" campaign.

The Generation Forward campaign will allegedly promote the credit card while simultaneously encouraging young adults to make responsible financial choices.

After a brief promotional period, the credit card's interest rates will allegedly coincide with the standard rates.

[SIDEBAR: MySpace also, of course, has a MySpace page to promote their new venture.]

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