Credit Cards
Pre-paid cards set for holiday take-off
Pre-paid cards are set to take a major slice of holidaymakers' annual spending on plastic this year as tourists bid to keep summer spending under control, Virgin Money believes.
Britain's credometer reaches boiling point
While we already owe a disturbing £55.6 billion on our credit cards, but this is small change compared to the further £102 billion people could borrow if they chose to max out their cards.
Capital One launches low rate credit card
Capital One has launched a new 'Low Rate Credit Card' offering a competitive 8.5% APR typical variable on balance transfers and purchases.
Newcastle opens the way for charity donations with prepaid cards
Newcastle Building Society, together with M-Cube Media, reports the great success in setting up their latest joint venture - The Aspinall Foundation Prepaid Maestro card - a card that will raise essential funds for the conservation of western lowland gorillas.
Debit cards continued to be consumers' first choice
For the 7th year running, debit cards continued to dominate consumer card spending, accounting for 62 per cent of the total plastic card spending during the year, according to APACS, the UK payments association.
Use your credit card wisely and save thousands
Michelle Slade, analyst at Moneyfacts.co.uk comments: "With families' disposable income greatly reduced, many will be reaching for their credit cards to buy some luxuries over the summer. Whether it's a family holiday or days out, the costs can soon mount up.
Shoppers expect to spend £7.89 billion
There is some speculation that British consumers will be tightening their belts in the face of economic uncertainty but despite this, new research from Sainsbury's Credit Cards indicates that this summer, people are planning to spend an estimated £7.89 billion in the sales.
ASDA fuel discounts keep customers on the road
June 2008 and it's being rumoured that Mayor Boris and David Beckham will appear at the Beijing closing ceremony on-board a Routemaster bus.
Football credit cards may not be the best financial tactic
Football fans attracted by their team’s affinity credit card offerings this season should defend their financial position by checking out the alternative borrowing deals on the market before signing up, advises data comparison site Moneynet.co.uk.
Six credit cards to have a holiday with
Typically, credit-card users have to pay an extra 2% when they use their cards abroad. This means an extra £20 will be added to every £1,000 spent. However, consumers can now choose from one of half a dozen cards that won't penalise you when you buy goods and services overseas.
Credit cards - chop and change
David Black, Principal Consultant of Banking for Defaqto.com says: "Credit card rates generally have increased to the detriment of the consumer but it remains the case that the industry offers its best deals to new customers.
£17 billion lent on credit cards without proof of income
Over 4.8 million credit cards (84%) have been issued in the last 12 months without proof of income or outgoings, according to uSwitch.com.
FLA responds to Conservative Party on store cards
The Finance & Leasing Association (FLA) responded to the Conservative Party's call to introduce a seven-day "cooling-off period" for store cards.
Competition Commission outsmarted by sneaky store cards
Despite new rules to protect the UK's 11 million store card-holders, analysis by money website Fool.co.uk reveals that stores are still ripping off customers, with some charging almost 50% more interest on their store cards than credit cards.
Balance transfer market shows new signs of life
The credit crunch may have squeezed the life out of the mortgage and personal loan market, but the 0 per cent balance transfer credit card market is surging ahead with even better deals for the consumer.