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Credit Card News

The Co-op extends contactless payments to 2,000 food stores

The Co-operative Group is extending its contactless payment technology to almost 2,000 food stores across the UK.

Record low base rate four years on - the winners and losers

With March 7 marking the fourth anniversary since Bank of England base rate dropped to a record low of 0.5 per cent, analysis by MoneySupermarket has shown that the cost of borrowing on mortgages and personal loans has fallen dramatically over the period, while savings rates have plummeted further since the Funding for Lending Scheme was introduced in August 2012.

Higher or lower - fees hold key to playing your cards right

More people looking for credit card balance transfer deals would prefer shorter term zero interest offers to longer term deals with higher fees, according to research for Nationwide Building Society.

The Co-op charity credit cards raise over one million in 2012

The Co-operative Bank has released figures of the amount raised in 2012 through their charity credit cards.

Boost the family budget when you work your money harder

With petrol prices predicted to rise this week, and energy bills starting to land, MoneySupermarket shows how households can give themselves a welcome boost to the household budget by making three simple switches, according to new analysis.

Retailers walk over big banks in credit card customer satisfaction

As one in five consumers (19%) enter the new year owing a hefty £5,000 on their credit card, the 2013 Credit Card Awards from uSwitch.com reveal that traditional banks and credit card firms are letting customers down.

Brits expect to carry Christmas card debt beyond January

New research reveals that 23 per cent of Brits don't expect to have paid off their Christmas spending on credit and store cards by the end of January, while 8 per cent think that it will be beyond June 2013 before they have paid off their festive debts.

New Chelsea FC credit card for UK fans

Chelsea Football Club has announced a new and improved Chelsea FC credit card in association with MBNA.

Consumers turn to credit card to pay for daily essentials in January

A third of people with credit cards (35 per cent or 12 million people) will rely on their plastic to pay for daily essentials in January, according to the Post Office Consumer Credit Report.

Borrowers benefit from improved rates in 2013

Borrowers looking to take out a personal loan, mortgage or credit card in 2013 could benefit from greater competition in the market as a result of the Bank of England's Funding for Lending Scheme.

Deal with your debts this January

January is often when the true extent of any Christmas spending hits, with the arrival of the Christmas credit card bill.

Give up paying interest and fees for the New Year

Halifax has launched a new offer for those who sign up for the All in One credit card in branch when they switch their current account to Halifax.

Consolidate the hangover of Christmas debts and clear this New Year

With Christmas over, many people may be nursing a credit card hangover into the New Year. Consolidating and clearing those debts in a sensible way should be top of the ‘to-do' list, according to MoneySupermarket.

Never mind 2012 - one in five Brits still paying off Christmas 2011

Cash-strapped Brits are suffering the hangover to end all hangovers: almost one in five consumers (17%) have yet to pay off debts from Christmas 2011, according to new research from uSwitch.com.

MBNA launches new Rate for Life Credit Card

MBNA has reduced the money transfer fee on its popular Rate for Life Credit Card from 4 percent to 1.5 percent, offering even greater value to customers successfully applying for the card.