Credit Cards
Government must stop banks overcharging shops and customers
As part of its promised clampdown on irresponsible banking behaviour, the new Government should intervene to cut the excessive charges banks levy on retailers for accepting plastic, said the British Retail Consortium (BRC).
Are you playing your cards right?
It’s ‘higher’ for Channel Islands and ‘lower’ for South West as Confused.com reveals credit risk winners and losers.
Consumers' money confidence fails to add up
Nearly nine out of 10 adults believe they are good at handling their personal finances – but a new study from credit card provider Capital One shows that their confidence does not always add up.
Credit card market back open for business
The credit card market has seen a resurgence in recent months as card providers once again put the ‘open for business' sign in the window.
Egg launches new rewards credit card and cash-back superstore
Egg has launched a new rewards credit card which gives consumers a typical 10% cash-back on purchases from over 1,500 retailers via the new Egg Cash Back Superstore, powered by online business Quidco.
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.