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Credit Cards

Supermarkets beat banks in credit card customer satisfaction

The global financial turmoil of 2009 has hit the credit card market hard, with overall borrowing falling 3% and the number of cards in circulation dropping 8%.

Householders use credit card to pay mortgage or rent

More than one million householders have used credit cards to pay their mortgage or rent in the last 12 months, a new survey by Shelter has revealed.

Avoiding the 'seven deadly sins' of online fraud

Ori Eisen, Chief Innovation Officer at 41st Parameter, highlights seven 'online sins' which, if addressed, can deter the use of stolen credit cards and reduce identity theft and fraud.

Debt enquiries expected to surge

With many consumers looking to reduce their New Year debts, Richard Napier, Nationwide's head of credit cards and personal loans, talks about the options consumers have to help them get over their Christmas debt hangover.

Nearly 20 million Brits have not switched on to switching

2009 will definitely be remembered as the year we tried to tighten our belts. However, according to new research by comparison site Gocompare.com, nearly 20 million UK consumers haven't switched providers for everyday financial services and utilities in the last 12 months.

Banks push to become one-stop shops

Banks are increasingly focussing their sales efforts on their existing customers as they seek to cater for all their customers' financial needs.

Halifax gives current account customers extra Rewards

'Rewards' are available to any Halifax customer that funds their current account with £1,000 or more each month or holds an Ultimate Reward Current Account.

4.5 million Brits to transfer credit card balance

More than 4.5 million Britons (10 per cent) are planning to move in excess of £3.2 billion pounds between credit cards in the first three months of 2010, to take advantage of introductory balance transfer periods, new research from Santander Cards has revealed.

Spending on credit and debit cards up this Christmas

Barclaycard Payment Acceptance, one of the largest processors of debit and credit card transactions in the UK has announced that shoppers spent more on debit and credit cards from 19 December to 31 December compared to the same period last year.

10 ways to save in 2010

Turning over a new financial leaf with the start of the new decade could save consumers at least £1,000 by the time the year is out, says Which?

Christmas Eve spending rush

Many people have left their Christmas shopping until the last minute, with up to 13.3 million people planning to hit the shops on Christmas Eve, according to new research from Sainsbury's Credit Cards.

Where we live shapes how we pay

The Payments Council has created an online, interactive map to demonstrate the varied payment attitudes, preferences and behaviours that can be seen in the different regions across the UK.

£120m to be spent online on Christmas Day

This Christmas an estimated 4.3 million shoppers will go online and spend £120 million, at an average of £27.90 each, says IMRG.

Mortgage lending in November holds up

While mortgage lending continued to hold-up in November unsecured loans to consumers dropped further while personal deposits increased by less than in recent months, according to the British Bankers Association (BBA).

Danger consumers lose out shopping around for loans

The Treasury Committee has released a Report, Credit Searches, which calls on the Office of Fair Trading and the Information Commissioner's Office to investigate the fairness of a part of the credit market.