Credit Card News
AA credit card introduces positive change to payment allocation
AA Credit Card customers are being told that the way payments are allocated to their credit card balance is changing for the better.
Barclaycard cuts interest rate on Barclaycard Simplicity
Barclaycard has reduced the APR on it Barclaycard Simplicity card to 6.8%. The new rate, which is one of the lowest rates available on any card in the UK, applies to both purchases and balance transfers.
PayPal improves buyer protection cover in UK
PayPal has introduced significant improvements to its UK buyer protection cover. PayPal's 26 million UK-registered customers now enjoy the same cover regardless of whether they buy goods on eBay or other websites.
Credit card users fall into the payment hierarchy trap
Research from moneysupermarket.com has found that 63 per cent of balance transfer card users have also used their card to make a purchase. Almost a third of these (29 per cent) users admitted to having never intended to make a purchase on the card in the first place.
MBNA to change credit card payment allocation
MBNA will change the way payments are allocated to customers' credit cards from September 1, 2010.
Don't be caught out by overseas charges
In the next few months many people will be planning to take their summer holiday, with many heading to South Africa for the World Cup.
How to use your cards abroad this summer
To coincide with the approach of the holiday season, The UK Cards Association and ABTA, the travel association, have published a consumer advice guide - Using your card overseas - that provides the latest tips and useful information for holidaymakers and business travellers who are planning to use their cards abroad this summer.
Brits use credit cards to pay household bills
Research from moneysupermarket.com has discovered the depth of reliance Brits have on credit cards as almost 5 million (14 per cent) admit to regularly using a credit card to pay their household bills, and a further 2.5 million withdraw cash on their cards, potentially costing them around £90 million per year.
Fans heading to South Africa urged to watch card fees
England fans visiting South Africa are set to spend around £135 million during the World Cup but fans could be hit by punitive foreign exchange fees unless they are careful about their spending in the ‘Rainbow Nation', Santander has warned.
Couples say ‘I don’t’ to credit cards and loans
Cost-conscious brides and grooms are getting creative to finance their big day without resorting to credit cards and loans, according to new research from cashback website Quidco.com.
Barclaycard wins at 2010 Cards International Awards
Barclaycard has taken two prizes at the 2010 Cards International Awards for its Visa CodeSure card and its innovative loyalty programme, Barclaycard Freedom.
MBNA customers raise more than £820,000 for Haiti
Donations made to the Disasters Emergency Committee through the MBNA website between January and March this year totalled £827,126.
When is your card not a card?
All of the UK's major credit card providers treat any form of gambling activity on a credit card as a cash withdrawal, according to analysis by moneysupermarket.com.
Credit card spending increases slightly in April
The latest data from Barclaycard Global Payment Acceptance shows spending on credit and debit cards in April was broadly flat with a slight increase of 0.8% from March.
AA credit card deal extended to online customers
From Thursday 13 May, all successful online applications for the AA Credit Card benefit from a leading 0% for 10 months on all purchases, including motoring and fuel, and 0% for 12 months on balance transfers (transfers to be made within 90 days of the account opening, 3% handling fee applies).