Credit Cards
Orange Cash - contactless prepaid card
Orange launches Orange Cash, the UK’s first major contactless prepaid MasterCard card. Allowing customers to take total control of their spending, the prepaid card is a secure alternative to carrying around cash and can be used in over 30 million locations that accept MasterCard within the UK and abroad, as well as online.
Save money on credit card charges by setting up a direct debit
Whilst Government changes enforcing a positive order of repayments on credit cards are saving consumers an estimated £500 a year, research from Confused.com shows that UK consumers are collectively wasting £150 million per year on unnecessary late credit card payment charges.
Earn over £500 a year with a cashback credit card
Consumers funding their monthly expenditure on a cashback credit card and depositing their salary in a high interest current account could earn themselves £549 a year according to moneysupermarket.com.
Which? to launch super-complaint against card surcharges
Which? has announced plans to launch a super-complaint against the surcharges that many companies impose when customers pay with a debit or credit card.
Eight million Brits missed payments last year
Over eight million Brits missed paying regular monthly bills last year, putting their credit profile at risk and making it harder for them to be accepted for credit in the future.
Halifax Clarity card introduces balance transfer cashback offer
Halifax Clarity card is introducing a balance transfer cashback offer for new customers throughout February.
Average credit card rate hits 13 year high
Increased competition in the credit card market at the end of the 1990s meant rates started to fall, dropping to their lowest level in 2006.
Credit cards plug post-Christmas pay gap
Over 11.5 million people (34 per cent of credit card holders) spent the first month of 2011 relying on their credit cards to fund day-to-day living costs, according to the fourth annual Post Office Consumer Credit Report.
Shop safe and protect your PC
MBNA is offering a year's complimentary online security protection to millions of its UK customers. The security software is being provided by McAfee, the world's largest dedicated security company. Soaring levels of online shopping are seeing customers demanding greater security from credit card companies.
Ensure you’re not in the credit reject pile this year
Over a quarter of UK credit applicants (25 per cent) have been turned down for a credit card or loan over the last year, meaning almost 4.5 million Brits have risked damaging their credit profile.
Store card spending falls by 25%
Figures from the Finance & Leasing Association (FLA) show that consumers are continuing to exercise caution in spending.
UK borrowers face tougher lending criteria
Anyone looking to take out a new credit card or personal loan should do so before 1 February to avoid new regulations which mean fewer borrowers will receive the advertised rate, according to UK comparison site, moneysupermarket.com.
Penalty charges for refusing to rack up credit card debt
Credit card and store card providers are increasingly charging ‘inactivity fees' as part of a range of measures designed to soften the blow of new regulations that will give customers a fairer deal.
Top tips to avoid the slippery slope of overseas fees
As the ski season gets into full swing and thousands of Brits are hitting the slopes overseas for their annual fix of downhill fun, N&P (Norwich and Peterborough Building Society) is guiding skiers on how to avoid an unwelcome jump in the cost of their holiday this ski season.
Consumers in the dark about new credit directive
With the Consumer Credit Directive looking to shake up the lending market, new research from uSwitch.com, the independent price comparison and switching service, reveals that initially it could cause more harm than good, leaving consumers confused and potentially put off applying for credit.