Credit Card News
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 Confused.com 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.
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.