Credit Cards
Conservative Party attack on zero per cent credit card offers
Commenting on the Conservative Party attack on zero per cent credit card offers, Steve Willey, head of credit cards at price comparison site moneysupermarket.com, said:
Barclaycard Business launches Prepaid Solutions
Barclaycard Business has launched Prepaid Solutions, a product that will enable retailers to offer gift cards and other stored value solutions to their customers in a more cost effective and convenient way, with the ultimate aim of increased sales and enhanced customer loyalty.
MBNA and MasterCard bring Tap&Go to Manchester City FC
MBNA and Manchester City Football Club, working with MasterCard, have announced the launch of Europe’s first pilot programme to issue season ticket holders with a reloadable MasterCard Prepaid with PayPass contactless card
Nationwide improves range of items covered by extended warranty insurance
Nationwide Building Society has improved the range of products that can be covered under the extended warranty insurance and provided free of charge with its credit cards.
3.2 million Brits own five or more credit cards
More than 3.2 million adults own five or more credit cards despite mounting concern about debt problems as the credit crunch hits home, new research from MoneyExpert.com shows.
Charity credit cards could do better
This Friday sees the return of Comic Relief, prompting the nation to think about how it can help those in poverty.
Just nine balance transfer cards left
This time last year there were around 200 credit cards offering 0% balance-transfer deals. Now there is half that number, and of those only two dozen are genuine 0% balance-transfer cards.
American Express: ‘Earn as you spend on credit cards’- Defaqto
Commenting onDefaqto’s cashback research released yesterday,Tom Allder, Vice President UK Lending, American Express, said: “We’ve been offering Cashback for coming up to ten years now and have seen cashback competitors come and go over this time.
Earn as you spend on credit cards
While credit cards have encountered considerable negative publicity recently with reports of accounts being closed and credit limits be reduced, there are still some worthwhile incentives being offered, and for those with good credit ratings who repay their entire balances each month, they are worth considering.
£6bn to be transferred between credit cards over next six months
Sainsbury’s Finance, which has increased its interest-free period on balance transfers from 10 to 12 months unveils new research that reveals 4.30m people intend to transfer a total of £6.68 billion between credit cards before July, which equates to £257.15 million per week or £36.74 million a day.
The cap no longer fits on credit cards
The number of credit cards with capped balance transfer fees is dwindling dramatically, according to MoneyExpert.com.
Nationwide voted most responsible credit card provider
Nationwide Building Society has received an award for "Most Responsible Credit Card Lending Practices" at this year's prestigious Card Awards, held at the Grosvenor House Hotel, London in January.
Balance Transfers – not what they used to be
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments on the 0% balance transfer deals and how this market has changed: “It was way back in 2004 when balance transfer fees first started to raise their ugly heads on 0% credit card deals.
Nationwide: moneysupermarket.com credit card survey
Jeremy Wood, director for credit cards and banking at Nationwide, comments on today's moneysupermarket.com credit card survey: “I am pleased moneysupermarket.com has recognised the importance and impact of the order of payments credit card providers use.
The price of love
As Valentines Day draws closer, research from Halifax Credit Cards shows that last year the average male credit card holder in the UK spent £44 on flowers and £82 on eating out during February.