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Credit Card News

Financial hardship creating generation of borrowers

People running out of cash before pay day could be stacking up high interest by misjudging the way they use their credit cards and overdrafts as a backup, according to research from

MBNA improves “Everyday” Credit Card offer for new customers

MBNA has improved its Everyday Credit Card, designed to offer eligible consumers an all-in-one solution to their everyday spending and debt consolidation needs.

Be aware of store card pitfalls

MoneySupermarket warns shoppers to look beyond initial promotions when choosing a credit card in order to avoid falling into store and credit card traps.

Salary stretch has Britons reaching for credit cards

Almost half of Britons are relying on credit cards to bridge the gap between paydays, according to new research from Quidco.

Sainsbury's Bank launches low rate, high reward credit cards

Sainsbury's Bank is launching two new credit cards offering the lowest standard interest rate available for purchases and balance transfers, a 7.8% APR representative variable, combined with two of the most attractive reward schemes in the marketplace.

Tips for couples when picking up the tab this summer holiday

For couples who don’t share a bank account, summer holiday budgets can be unnecessarily complicated. There are usually hotel, restaurant and miscellaneous bills to be settled, which can lead to awkward verbal wrangling as to who picks up the tab and a string of promises as to who will ‘get the next one’.

Over 50s could be overlooking the best credit cards

Saga Platinum Credit Card research shows that more than six million over 50s have a credit card, but the majority could be missing out on the best deals.

Brits risk their financial future by missing crucial bill payments

Over one in six (18 per cent or 9 million Brits) missed a payment for at least one bill in the last 12 months, potentially putting their financial future at risk by damaging their credit profile as a result, with credit cards coming out on top as the most missed payment, according to research from MoneySupermarket.

Quarter of credit card owners don’t know what a credit rating is

New research by shows how little UK credit card owners really know about their own credit rating. One in four (27%) don't even know what the term credit rating stands for - a worrying statistic.

MBNA brings "More Rewards" to UK consumers

Rewards are the single most important factor when consumers are looking for a new credit card, consumer research commissioned by MBNA suggests.

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.