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Credit Card News

Virgin Money adds to pre-paid offering

Virgin Money has launched a ‘pay monthly' tariff as part of its Virgin Prepaid MasterCard. Customers can decide which tariff to pay depending on how often they use the card to ensure they get the best deal. Customers will be able to choose from either ‘pay as you go', or the new ‘pay monthly' option.

PayPal’s prepaid card wins top accolade at cards ‘Oscars’

The Card Awards, which are open to UK and Irish payment card issuers and acquirers, recognise best practice in the card payment industry.

The Co-operative celebrates two more awards

The Co-operative Bank is celebrating after bagging two more awards, this time at the Card Awards 2009.

Abbey Zero Credit Card wins top honour

The Abbey Zero Credit Card scooped the top honour - Best New Credit Card Product of the Year - at the prestigious annual Cards Awards ceremony last Thursday.

Newcastle awarded for innovation in prepaid cards

Newcastle Building Society is celebrating following two wins at The Card Awards 2009 in London last week.

MBNA Connect receives industry accolade

A new online secure message delivery service that delivers account information to a cardholder's computer desktop has received industry recognition at the 2009 Credit Card Awards held in London.

moneysupermarket.com: Barclaycard freezing rates

Commenting on Barclaycard freezing rates for its customers, Peter Harrison, credit card expert at moneysupermarket.com, said: "Clearly anything that eases the pressure on borrowers is a good thing.

Barclaycard freezes rates for all UK customers

Barclaycard is freezing the prices for all its UK personal customers for at least the next 4 months. Although committed to the principle of risk-based pricing the business has decided to suspend the process to help its customers.

Brits to rely on credit for day-to-day expenses

Millions of consumers are still reliant on credit for day-to-day living costs in 2009 according to the Post Office Credit Card's latest Consumer Credit Report.

Tuxedo launches UK’s first corporate MasterCard prepaid card

Tuxedo Money Solutions, the UK’s leading prepaid card programme service provider announced today that it has launched the UK’s first ever Corporate MasterCard Prepaid Card developed exclusively for business use.

Two thirds of Brits fail to transfer credit card balance

Two thirds of Britons who resolved to transfer their credit card balance to a 0 per cent introductory rate in the New Year have failed to do so, new research from Abbey Credit Cards has revealed.

MBNA launches New Rate for Life Credit Card at 5.9%

MBNA has announced the launch of a new Rate for Life Credit Card offering 5.9 per cent for the life time of the balance transfer and a 1% balance transfer handling fee. The standard rate of interest for purchases will be 15.9% APR (typical) variable.

Make that call to avoid holiday nightmare

Picture it now: That perfect Venetian Valentine's weekend or a half-term family trip to EuroDisney - and then ... disaster. Your credit card transaction is denied and your debit card won't let you take out any money.

Vouchers and points common currency for cash conscious Brits

The nation’s increasing appetite for discounts and cost savings saw a dramatic uplift in the number of John Lewis & Waitrose partnership card reward vouchers issued in 2008 – a record increase of 17%.

United Mileage Plus American Express Credit Card from MBNA

MBNA has announced the launch of a new credit card with United Airlines. The card offers a competitive rate of interest plus travel rewards through the award-winning United Mileage Plus program.