Credit Cards Marketing

MasterCard also will feature its sponsorship of the FIFA World Cup, particularly in reaching out to Hispanic audiences.

Holiday will be an important period for the brand. Debra Coughlin, svp-global North American brandbuilding for MasterCard, said last year’s promotional-driven advertising, which focused on “priceless” gifts that could be won through using the card, worked particularly well.

Visa, not surprisingly, also plans to spend in the fourth quarter. “That’s when there is an inordinate amount of retail spending, so it’s an important time frame for a usage message,” said Liz Silver, Visa svp-advertising and brand management. Back-to-school is another key period.
Visa will keep the longtime “It’s everywhere you want to be” positioning this year. With lots of dollars allocated to its 2002 Olympics sponsorship, much of Visa’s other advertising will focus on its key partnerships with the National Football League, NASCAR, the Triple Crown and Broadway.

Besides general branding and usage ads, Visa will support the check card (a “six degrees of Kevin Bacon” spot currently is running) and its “Verified by Visa” product, an online authentication service for card users making Internet purchases. Visa’s ad spend last year was $251 million, per CMR.
American Express, which spent $154 million in 2001, recently launched an extensive brand campaign with the new tag, “Make life rewarding.” The initial phase includes nine TV spots, some of which highlight the overall brand while others feature specific AmEx services, such as financial planning or travel assistance. AmEx also bowed ads for its new small business network, OPEN, earlier this year.