Credit Card News
Four in ten people struggle to make it to payday
Nearly four in ten people (38%) say they struggle financially to make it to ‘payday', according to R3, the insolvency trade body's, quarterly tracking research on the nation's personal finances. This equates to over 18 million individuals across the UK.
Business prepaid cards transform corporate travel
In a global marketplace, corporate travel is a necessary and sometimes costly business expense. However, current economic conditions throughout the world mean that this expenditure needs to be scrutinised very carefully in order to produce a cost-effective return on investment.
Travelling abroad Christmas? Check your credit card FX rates
Sainsbury's Finance is warning people travelling abroad over the festive period to check carefully the foreign exchange rate on their credit cards before making any purchases overseas as many people might be paying more for goods than they realise.
Act now to avoid VAT rise, says AA
Early Christmas sales at major retailers brought on by the freezing weather coupled with the VAT rise on 4 January makes the pre-New Year period the perfect time to buy, according to AA Financial Services.
Retail credit market continues to contract
The latest consumer finance market statistics published by the Finance & Leasing Association (FLA) show a further decline in consumer credit.
Resolve to give your finances a boost in 2011
Brits could be saving over £3,600 in 2011 by taking time to review their finances and switching to more competitive deals. Despite over a third of Brits feeling they cannot make any savings in areas such as credit cards, home insurance and mortgages, research from moneysupermarket.com has found on average, people could save thousands of pounds over the next 12 months by switching to a better deal which suits their individual needs.
Children spend millions in unauthorised spree
Children are spending £64 million online a year without their parents’ knowledge, putting the adults at risk of card fraud.
Borrowers using wrong credit card to fund Christmas
Almost seven million consumers will be funding Christmas on a credit card this year, and of those over five million will be using expensive standard rate cards rather than ones that offer interest free periods on purchases.
Virgin Money adds Euro and Dollar prepaid travel card
Virgin Money has added Euro and Dollar prepaid cards to their prepaid range. The cards are ideal alternatives to travellers cheques and safer than carrying cash.
Christmas finances sorted
Are you the kind of person who starts next year’s Christmas shop in the January sales, or do you always leave it until the last minute and find yourself desperately rushing around on Christmas Eve?
Top tips for Christmas shopping
The Finance & Leasing Association and Credit Action have listed their top tips for Christmas shopping to help consumers to spend responsibly with in-store credit, store and credit cards.
Five reasons to have a credit card
As the nation continues to repay unsecured debt, with Brits regularly repaying more than they spend and opting for other forms of payment, Confused.com has come up with five reasons why it's still a good idea to have a credit card to hand.
£6.4bn online purchases paid by credit card each month
New research from Sainsbury's Finance shows 25.4 million adults now regularly make purchases online using their credit cards. The supermarket bank is encouraging online shoppers to make sure they are receiving a reward against their spend to ensure they get the most from their purchases.
Win London 2012 Olympic tickets with Santander Visa Debit Card
From 1 December 2010, Visa is offering Santander-issued Visa Debit Card customers to be among the first to access tickets to the London 2012 Olympic and Paralympic Games, by giving them the chance to enter in to a prize draw to win tickets.
More rewards for smart shoppers this Xmas
Lloyds TSB wants to encourage even more rewards by offering new customers ten times the Airmiles through American Express usage on its Airmiles Duo Credit Card Account. New customers who take out a card between now and 31 March can now collect one Airmile per £1 for the first three months of opening the account.