Credit Card News
Return of the fees as credit card companies get tough
One in eight credit card companies have at least one credit card with an annual fee, according to new analysis by MoneyExpert.com.
Bank launches new visa pre-paid card for the insurance industry
Alliance & Leicester Commercial Bank, in association with Money Card Limited (MCL), has developed a Visa pre-paid card designed to meet the needs of the insurance industry.
uSwitch.com: Mint, NatWest and RBS new credit card deals
Following Mint, NatWest and the Royal Bank of Scotland’s introduction of a new 13 month 0% APR credit card deal for balance transfers, Mike Naylor, Personal Finance Expert at independent price comparison and switching service uSwitch.com, warns consumers - these offerings may not be as attractive as they first seem:
Euro and Dollar Bloc currencies hit new highs
With the Pound Sterling strengthening to 15 year highs of US$2.00, Clerical Medical research highlights that a broad basket of currencies have also hit multi-year highs against the US dollar in the past fortnight, including the Euro, the Australian dollar and New Zealand dollar.
MINT, NatWest and RBS credit cards reveal trio of new deals
Royal Bank of Scotland Group (RBS) will hot foot early into summer next week with a trio of sizzling new credit card deals.
A new look is not always better – Halifax One Card
Michelle Slade, Personal Finance Analyst at Moneyfacts.co.uk, comments: “This is what the new card has to offer:
uSwitch.com: re-launch of the Halifax One credit card
Following the re-launch of the Halifax One credit card which now includes a 0% anniversary offer, Mike Naylor, Personal Finance Expert at independent price comparison and switching service uSwitch.com, finds a slight sting in the tail:
Halifax launches new-look One Card
Halifax is to launch a new-look One Card which will offer a high-street banking first – a 0% anniversary offer.
Promising future for Prepaid Payment Cards in Europe
Spending on prepaid payment cards in Europe is estimated to reach US$164 billion by 2010, according to new Boston Consulting Group (BCG) research commissioned by MasterCard Europe.
New 0% deals from HSBC
Michelle Slade, Personal Finance Analyst at Moneyfacts.co.uk, comments: “New cards from HSBC combine market leading 0% purchase or balance transfer deals, with either a lifetime balance transfer deal or a limited 3-month 0% purchase deal.
moneysupermarket.com: Two new 0 per cent interest credit cards from HSBC
Commenting on HSBC’s simultaneous launch of two new 0 per cent interest credit cards, Rob Kenley, head of credit cards at moneysupermarket.com, said: “HSBC has truly raised the stakes with the launch of a 0 per cent offer on purchases for 12 months – propelling it to the top of the best buy tables for introductory deals on purchases. For this, HSBC is to be commended.
Fool.co.uk urges caution ahead of the rollout of contactless technology
David Kuo, Head of Personal Finance at Fool.co.uk, says: “The rollout of contactless credit cards will give consumers a completely new way to pay for low-value items with the wave of a hand. However, just because something is of low-value is not the same as being of no value.
Morgan Stanley introduce £20 fee for 'a selection' of Black card customers
With the end of fee-free credit cards looming, Morgan Stanley has followed the growing number of credit card providers to introduce fees by announcing a £20 annual fee for ‘a selection’ of Black card customers from 1st June.
HSBC launches two new zero per cent credit card offers
HSBC has launched two new zero per cent interest credit card special offers.
Barclaycard on track to launch combined Oyster and Barclaycard
Barclaycard is on track to launch the nation’s first contactless credit card following the successful completion of technical trials.