Credit Cards

Fool.co.uk comments on alert for UK store card customers

Following news that UK store card customers will now be told on their statements if they can get a better deal elsewhere, David Kuo, Head of Personal Finance at Fool.co.uk, says:

Competition Commission’s store cards market investigation

Commenting on the Competition Commission’s store cards market investigation order which came into force today, Robert Kenley, head of credit cards at moneysupermarket.com, said: “For a long time store cards have been the ‘bad boys’ of the credit market with much higher APRs and integrated payment protection insurance.

Changes to store card market

Following the Competition Commission’s enquiry in March 2006 into the store card market, from 1st May 2007 all providers will have to print warnings on statements if they charge consumers annual percentage rates (APRs) of 25% or more.

New credit card balance transfer offers from Barclaycard and Capital One

Commenting on two new credit card balance transfer offers, Stuart Glendinning, managing director of moneysupermarket.com, said: “Barclaycard's launch of a credit card offering 0 per cent on balance transfers until July 1, 2008 follows closely behind a similar offering from Capital One.

NatWest launches new credit card travel reward programme

NatWest has announced that it is launching a new travel reward programme. It has joined forces with ebookers, one of Europe’s largest online travel agents and secured the first ever reward deal with easyJet. The YourPoints programme will replace the Bank’s 19-year old relationship with the AIRMILES scheme from June.

Lloyds TSB is official Airmiles partner

Lloyds TSB and AIRMILES, the UK's leading retail loyalty scheme, have announced a new partnership.

Breathe more easily

Barclaycard Breathe helps customers go green with 50 per cent of profits reducing carbon emissions.

The aftermath of the OFTs fee capping continues

Michelle Slade, personal finance analyst at moneyfacts.co.uk, comments: “It’s now almost a year since the OFT capped credit card penalty fees at £12, but the repercussions are still rumbling on with little sign of letting up. In the last two weeks alone a further seven providers have increased rates or fees.

Financing your furnishings

In 2005 the UK spent £13.5 billion on furniture and furnishings, according to research from Halifax Credit Cards.

MasterCard launches a guide to prepaid cards for consumers

MasterCard Europe today launched a new guide, A Guide to Prepaid Cards, which provides comprehensive information and advice for consumers about prepaid cards.

APACS unveils credit card statement advice guide

APACS, the UK payments association, has launched a new advice guide to help consumers better understand their credit card statements. The "Understanding your credit card statement" guide explains everything consumers need to know about the common features and terms used and offers advice on what to look out for when they are checking their statements.