Credit Card News

More than five million people have missed monthly payments on credit cards in the past six months, new MoneyExpert.com research shows. And that is a two per cent increase on the previous six months.

Andrew Hagger, head of news and press at Moneyfacts.co.uk shows just how much consumers can save, not only on their credit card, but also on their energy and insurance bills whilst they’re at it.

With the festive season over, research from Sainsbury’s Finance shows that only 61% of people expect to clear their Christmas expenditure within one month. Some 483,000 expect it to take more than a year to do so - 71% of these people are women.

One in four credit card holders will be starting the New Year more dependent on credit than in 2007, with 41 per cent intending to rely on their credit card for day to day living costs such as grocery shopping, according to research from the Post Office.

Nearly 5.5 million consumers missed payments last year, putting their credit rating at risk, according to research by price comparison site moneysupermarket.com.

It’s the time of year when most people will be dreading the day their credit card bill hits the doormat, unveiling the true extent of their festive spend.

MBNA has announced the launch of two new credit cards with bmi after signing a new deal to provide credit cards for Heathrow’s second largest airline.

Up to 2.6 million credit card customers plan to start the New Year by transferring credit card debts run up at Christmas , new research from MoneyExpert.com shows.

Halifax is launching the best all round 0% deal on the high street with the introduction of its new Halifax Plus Credit Card.

In recent times the credit card industry has done little to encourage customer loyalty, preferring instead to pursue new customers with a wide range of enticing introductory deals, such as 0% balance transfers, 0% purchase or enhanced introductory cash backs.

More than three million British credit cardholders (7 per cent) are planning to shift at least £8.99 billion excess pounds to new credit cards in the New Year according to research from Abbey credit cards.

In the days following Christmas, rather than preparing for the January sales, UK retailers are busy refunding, according to new research by Halifax Credit Cards.

Royal Bank of Scotland Group (RBS) launch a trio of market-leading credit card deals for the New Year.

If you venture out to the shops just after Christmas, it's likely you are one of two types of people; the hardcore bargain hunter or those returning unwanted or faulty gifts.

Britain faces another Christmas on credit as UK shoppers prepare to spend an incredible £2.1 billion on their credit cards in a last minute Christmas shopping spree.