Credit Card News
Easter get away from it all says American Express
More than two million Brits are likely to flee to foreign shores in the next two weeks in the full knowledge that holiday magic comes at the cost of travel stress.
Fast food - even faster thanks to MasterCard PayPass
MasterCard announces first European EMV contactless credit card transaction at McDonald's.
A dozen devious credit-card cons
A recent review of UK credit cards by Fool.co.uk has identified no less than a dozen devious measures by banks to ensnare unsuspecting customers.
Credit card crackdown as lenders get tough
Credit card companies are getting tough with up to 2.8 million people seeing applications turned down in the past six months, shock new research from MoneyExpert.com reveals. That equates to around 15,555 rejections a day.
The new MBNA Rewards Platinum American Express Credit Card
As our lives get busier and busier and we have less time for ourselves to do the things we enjoy, it’s good to know there’s somebody we can turn to when we need to sort out our personal lives.
Credit card holders confess to perk-less plastic
More than half of all UK credit card holders are in possession of a credit card which fails to offer any type of perk according to a study from the Goldfish credit card. This amounts to estimated 20 million pieces of plastic which are failing to offer credit card holders any type of reward scheme or a reduced promotional interest rate on balance transfers or purchases.
Days of “Cash is King” are numbered
Three quarters (73%) of European debit cardholders are in favour of having their existing debit card replaced by one that can be used uniformly across Europe, new research commissioned by MasterCard has revealed.
Fool.co.uk comments on sneaky balance-transfer deals
David Kuo, Head of Personal Finance at Fool.co.uk, said: “It is disappointing, but not entirely surprising, to see credit-card companies sneak in higher charges.
New Visa pre-paid card launched
Alliance & Leicester Commercial Bank in association with MoneyCard Limited has arranged to provide Visa pre-paid cards designed to meet the needs of the Public Sector. Where there is a need to make direct payments, for benefits or pensions for example, pre-paid cards offer significant efficiency improvements while saving costs and reducing fraud.
moneysupermarket.com: Charity credit cards
Commenting on charity credit cards ahead of Comic Relief on March 16, Robert Kenley, head of credit cards at moneysupermarket.com, said:
Credit card providers still clawing back lost fee income
Michelle Slade, personal finance analyst at Moneyfacts.co.uk – the money search engine, comments: “Almost one year on from the OFTs response to tackle ‘excessive’ default fees, the credit card market still remains unsettled.
Credit card holders plan to vote with their feet
Consumers with dormant credit cards plan to hold up the red card to inactivity fees – stating almost unanimously they will revolt and bin their providers should these charges be introduced.
Credit card fees cost UK holidaymakers millions
UK travellers who are planning to use their credit card on holiday this year could be wasting hundreds of millions of pounds on unnecessary fees.
Nationwide introduces new introductory pricing on credit cards
Nationwide Building Society is changing the introductory pricing on its Gold and Classic credit cards from Tuesday 6 March 2007.
Savvy Londoners reap credit card rewards
Credit cardholders in London are cashing in using credit card reward schemes, according to a new report from the Goldfish credit card.