Credit Card News
MBNA enhances Platinum credit card with lower fee
MBNA has enhanced the MBNA Platinum credit card, now offering a handling fee of 2.20 percent on all transfers – money transfers and balance transfers – made in the first 60 days of account opening.
More than one in three credit reports contain errors
Mistakes on credit reports could wrongly be contributing to millions of British consumers being refused credit or unfairly missing out on the best rates for financial products, according to new research from uSwitch.com.
Santander enhances its 1|2|3 Credit Card
Santander has simplified its range of credit cards to make it even easier for customers to get the card that is right for them.
More than half of credit card holders opt for reward cards
More than half of all credit card users now hold a reward-based card (57%), with 37 per cent saying they chose their main credit card because of the rewards it offers, according to research from M&S Bank.
Over half of UK’s festive shoppers will rely on plastic this year
Just over half (51%) of Christmas shoppers will be relying on credit cards to cover the cost of their festive spending this year, and on average it will take three months to repay the debt.
Brits worried about saving face while shopping
When it comes to the financial issues that most stress Britons out, being embarrassed while out shopping because their card is declined or they can’t take out cash ranks highly.
Christmas shoppers set to miss out on £347 of rewarding spend
On average, Christmas shoppers expect to spend a total of £439 this festive period (£182 on food and drink and £257 on presents), according to research from M&S Bank.
Now boarding: up to £70 of savings with airport offers from American Express
American Express Card members jetting off during the busy festive season can earn up to £70 worth of statement credits when they add offers to their Card through Foursquare and shop at participating airport shops.
Almost half of Brits to use credit and overdrafts to cover Christmas
Almost half of Brits (46%) will turn to credit cards, store cards and overdrafts to cover the cost of Christmas this year, according to the Money Advice Service’s annual Christmas spending survey.
New 3 year fixed rate credit card from The Co-operative Bank
The Co-operative Bank is launching a three year fixed rate credit card, with no annual or balance transfer fees.
Win back the cost of Christmas with M&S Credit Card
M&S Credit Card customers will automatically be entered into a prize draw to win back the cost of Christmas every time they make a purchase using their M&S Credit Card between now and 31st December.
Credit Nation become Savvy Spenders
Over three fifths (61%) of UK adults now own a credit card and choose to do so because of the benefits it can bring, according to the latest Halifax research.
Lloyds Bank launches market leading low interest rate credit card
Lloyds Bank has launched a new, market leading low interest rate credit card. The new credit card complements the broad range of Lloyds Bank cards and offers customers more choice when it comes to their purchasing power.
The Royal British Legion and MBNA launch enhanced charity credit card
Charity credit card provider, MBNA, and The Royal British Legion are to extend their eight year affinity card relationship with an enhanced credit card which will enable members of the public to support the charity simply by spending on their card.
Santander launches a new cashback service on top of 123 World
Santander UK has launched a new service which enables its debit and credit card customers to earn cashback on their next purchases, just by going about their everyday shopping.