Credit Card News

The Bank of England left interest rates unchanged today. However, one in three (29%) Fool.co.uk readers believe the Central Bank should increase the cost of borrowing.

MBNA and Miles & More, Europe's largest frequent flyer programme, announce the launch of a new credit card.

Nearly three in five Brits (57 per cent) will be forced to cut their holiday spending this year according to research from pre-paid currency card provider FairFX.com.

Barclaycard and InterContinental Hotel Group (IHG) have come together to launch the Priority Club Rewards Visa credit card.

Saga Personal Finance has officially launched the Saga Platinum Visa Card, which it believes offers a fairer deal to customers whether they spend or borrow.

A spokesperson for MoneyExpert.com said: "This is the only card on the market, which won't penalise you for taking out cash abroad and could be a valuable addition for holidaymakers.

Abbey has thrown down another challenge to the credit card industry with the launch of its new ‘Zero' card. It is the first ever card to offer no balance transfer fee, no foreign exchange fee and no cash advance fee on the same card.

Despite credit becoming tighter it makes sense to ensure that you're still getting the best deal you can on your credit card and Defaqto have compiled ten tips to help consumers find the best deal and to avoid the pitfalls.

Ten million UK adults are gambling with their money by using the same PIN for all of their debit and credit cards.

Credit card companies have turned down applications from more than 3.24 million people in the past six months as they continue to turn the screws on risky lending, new research from MoneyExpert.com reveals.

In April 2006 the Office of Fair Trading (OFT) declared that default charges on credit cards were too high and suggested capping these at £12.

In just six months time, all credit card providers will be obliged to include on statements details of the order of payments they use.

The cost of owing money on a credit card has increased over the past six months as credit card companies look to clampdown on problem borrowers, according to MoneyExpert.com.

As household budgets tighten many credit card customers will be looking for better deals. New research from Global Reviews reveals that the majority of credit card customers prefer to research, apply and manage their credit card accounts online, however, the quality of credit card provider websites varies widely.

Over four million Brits holidaying in Europe this month will not only find themselves hammered by an ever weakening pound, but also by hefty foreign exchange fees and transaction charges if they don't use the best credit or debit card.