Credit Cards
Beware of the debt that can outlive you
Lisa Taylor, analyst at Moneyfacts.co.uk, comments: “During the last generation, we have moved from an era where credit was hard to come by, where people saved up to make large purchases and where many more people lived within their means,
Fraud abroad drives up card fraud losses
Total card fraud losses increased by 26 per cent in the six months to June 2007 compared with the first half of 2006, according to figures released by APACS, the UK payments association.
Lords to decide on credit card protection
Credit card issuers will today appear at the House of Lords to appeal the Court of Appeal judgment that section 75 of the Consumer Credit Act 1974 applies to overseas transactions.
The needless waste of cash withdrawals
Britons are taking out £8.3 billion cash on their credit cards each year and paying a huge premium for the privilege.
Advice guides to help young people choose the right plastic card
APACS, the UK payments association, has launched two new advice guides, offering practical advice on choosing a plastic card for a teenager or young adult.
Cashback the most popular credit card feature
Over 7 million credit cardholders (23 per cent) plan to reduce the number of credit cards they have and consolidate them onto a single card that offers them good value according to research from Abbey Credit Cards.
Credit card holders could reap benefits through savvy spending
With banks now fiercely competing for our credit card, savings and current account business, householders have an opportunity to be big winners, according to research by moneysupermarket.com.
Halifax tops the charts with a 15 month 0% purchase deal
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments: “Halifax takes purchase introductory deals to the same level as balance transfers, offering an impressive 15 months 0% interest, with the closest deals only coming in at 12 months from Halifax, HSBC & Sainsbury’s.
Boost your Christmas bonus with Lloyds TSB duo
With less than 100 shopping days to go until Christmas, Lloyds TSB today announces a series of exclusive retail partnerships to give credit card customers extra rewards on their festive spend.
moneysupermarket.com: Halifax Purchase Card
Commenting on the launch of the Halifax Purchase Card, Rob Kenley, head of credit cards at price comparison site moneysupermarket.com, said: “Offering shoppers 0 per cent for 15 months, this card easily beats any other on the market for new purchases.
Rewards are on the cards with the Nectar credit card
This month sees the fifth anniversary of Nectar, the UK’s leading loyalty card and the second anniversary of the partnership between Nectar and American Express.
APACS issues security advice for chip and PIN retailers
Retailer advice guide provides top tips to businesses on how to protect themselves and their customers from fraud.
Cashback is back as rates hit five per cent
Cashback is making a comeback as credit card firms battle for customer loyalty with one in 10 cards now offering schemes. But new research from MoneyExpert.com shows that the average rate of cashback offered is just 0.72%.
Mastercard PayPass system and the Barclaycard OnePulse card
Commenting on the launch of the Mastercard PayPass system and the Barclaycard OnePulse card, Rob Kenley, head of credit cards at price comparison website moneysupermarket.com, said: “These launches signal a new era for cards and payment technology.
Consumers urged to support fight against online shopping fraud
Ten million UK-issued payment cards have now been registered with MasterCard SecureCode and Verified by Visa services – making these cards more secure when shopping online, according to APACS, the UK payments association.