Credit Card News

Today is Children In Need, and while it is one of the nation’s biggest days of giving, there are still other ways of donating money throughout the year without even having to spend any extra, reminds Fair Investment Company.

Store cards are still charging average interest rates of up to 24.4 per cent despite recent action by watchdogs, a study conducted by MoneyExpert.com shows.

Barclays Gift Card is a versatile alternative to giving retail vouchers and is aimed at customers who want to give a flexible gift for birthdays, Christmas or other occasions.

With 34 million Brits now in possession of a credit card, new research from Abbey Credit Cards has found that for over three million of us, credit card usage is now a daily occurrence.

Credit Reference Agency Callcredit is predicting a rise in consumer borrowing following its analysis of the latest Bank of England statistics on borrowing and lending.

Barclaycard has announced the launch of its new UK website barclaycard.co.uk. The new website offers a new card selection tool which will make choosing the right product for them easier and has advice on using credit and borrowing responsibly.

While the number of cash back credit cards has dwindled over recent years, their complexity has increased, making it more and more difficult for them to be compared, claims Defaqto in its latest report “Credit cards in the UK”.

In its latest report ‘ Credit Cards in the UK’, Defaqto claims that credit card issuers have invented new charges to compensate for the loss of revenue from the cap placed on default payments by the Office of Fair Trading in August 2006.

Credit card customers have been bombarded with a glut of changes to fees and charges over the past few years. Although they appear to be very small tweaks to the terms and conditions which cost individual customers a few pounds, collectively they add up to an extremely lucrative source of income for credit card providers.

M&S Money is offering Christmas shoppers the opportunity to win one of three fabulous trips to Hollywood.

Credit card companies are clamping down with up to 3.27 million people seeing applications for plastic turned down in the past six months, new research from MoneyExpert.com reveals.

Barclaycard Business has announced the launch of a carbon-offset corporate charge card that will enable customers to offset carbon emissions associated with air travel.

Commenting on the launch of the Co-operative Bank’s think credit card, Rob Kenley, head of credit cards at moneysupermarket.com, said: "While it is encouraging to see the Co-operative Bank is taking steps to reward ethical spending with the launch of this credit card, it is difficult to see how much ethical benefit the card really has.

Sean Gardner, Chief Executive of MoneyExpert.com, said: “The Co-Op Think card is an admirable venture that tries to support every type of ethical practice, from fair trade to eco-friendly and even animal welfare projects.

APACS, the UK payments association, and the UK Petroleum Industry Association have announced details of a National Card Fraud Prevention Campaign. The week-long campaign is designed to act as a reminder for customers to keep their cards and PINs safe and secure at all times.