Credit Cards
BMW credit card from Amex increases rate by 7%
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments: “The standard purchase rate of 9.9% APR made the BMW credit card from American Express a very attractive proposition, but with effect from 28 August, the rate has been hiked by seven per cent to 16.9% APR.
Nationwide welcomes order of payments warning
Nationwide Building Society welcomes the warning by Which? about the hidden cost of adverse order of payments on credit cards.
moneysupermarket.com: Abbey credit card with supermarket offer
Commenting on Abbey launching its own credit card with a market-leading supermarket offer, Robert Kenley, head of credit cards at moneysupermarket.com, said: "Abbey's £50 gift to its new and most existing credit card holders should attract a flurry of applications".
Abbey credit card offers cashback on supermarket purchases
From 3 September until the end of January 2008, Abbey credit card customers will benefit from five per cent cashback on the first £1,000 of purchases from major supermarkets bought with an Abbey credit card.
Royal Bank of Scotland first in UK with superfast way to pay
The RBS-sponsored AT&T Williams team made the first public contactless card payment in the UK using a RBS contactless debit card, roaring through the McDonald's drive-thru in Billingsgate in London to grab a Big Mac.
Sainsbury’s Bank credit card - 12 month 0% deal on purchases
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments: “Sainsbury’s Bank announced yesterday that it would be increasing its 0% purchase offer from 10 months to 12 months.
Sainsbury’s offers 0% APR on purchases for 12 months
Sainsbury’s Bank today announces that it has increased its offer of 0% APR on purchases on its Standard and Platinum credit cards from 10 months to 12 months.
Halifax launches new student credit card
Halifax is launching a new credit card exclusively for students. The new card, with a competitive rate of 17.9% APR, is designed to put students in control of their finances.
Pack the right credit card before going on holiday
British holidaymakers will incur charges of £759 million by spending £16.4 billion on their credit and debit card purchases and withdrawing more than £6.6 billion in cash whilst overseas this year, according to research from price comparison and switching service uSwitch.com.
Student Credit Cards – handle with extreme care!
Lisa Taylor, analyst at Moneyfacts.co.uk, comments: “Most banks will offer you a student credit card, which in some cases will be a specific student card, while others will provide you with one of their standard cards.
Barclaycard OnePulse the cashless way
From this autumn, Londoners who sign up to Barclaycard OnePulse, the unique three-in-one card, will be able to make cashless payments in more than 1000 stores throughout the capital.
Barclaycard launches web wealth warning for Students
With the new academic term fast approaching, Barclaycard has revamped its Student Barclaycard web-site with a few home truths for students.
Capital One's response to the current floods
Capital One recognises that many of its customers will have been affected by the recent flooding across the UK.
Nationwide increases cash advance interest rates
With effect from 17 October 2007, cash advance interest rates will be increasing to 22.9% on all Nationwide credit cards and the cash advance fee will be 2.50% (minimum £3.00).
Barclaycard: Customers affected by UK floods
In response to the extreme flooding in parts of the UK, Barclaycard has waived monthly minimum payments for customers in affected areas.