Credit Cards
Virgin Money extends 0% balance transfer offer to 13 months
Virgin Money is planning to help extend the Christmas cheer by launching a new credit card deal with a market leading 13 month interest free period for balance transfers*.
Avoid the Christmas card spending trap
With one weekend left before Christmas, store cards offering discounts and special offers can seem an attractive way to purchase last minute presents, but Alliance & Leicester is warning of the repercussions of using store cards for your festive shopping, which could leave you £1500 out of pocket.
Small firms seek payment card advice close to home
Britain's small firms prefer to turn to their peers for advice when it comes to choosing the right payment card for their business, according to new research from MasterCard Global Commercial Products.
The £6.5 billion credit card shuffle
Around one in four credit card holders have transferred debts to other cards in the past 12 months as they bid to cut costs, new research from MoneyExpert.com reveals.
A wake up call for store card users
Despite numerous warnings about the dangers of store cards, there are still around 11 million accounts in existence. While it appears that most consumers use their store cards with care, a survey conducted by www.fool.co.uk reveals that a significant minority may be sleepwalking into danger - 1 in 16 people who don’t know what their cards cost, also don’t settle their account in full.
American Express protects
Research shows 43 per cent of credit cards don’t offer Purchase Protection, however American Express provides Purchase Protection and Online Fraud Protection on all Credit and Charge Cards.
Free purchase protection worth £1,533 on the cards
Millions of Christmas shoppers will be entitled to free insurance worth on average £1,533 in payouts if they buy their gifts with a credit card.
New technology will see ‘Wave and pay’ cards in the capital
Barclaycard has signed an agreement with TranSys, the consortium which runs Oyster card in partnership with Transport for London (TfL), to combine Oyster and Barclaycard on one piece of plastic. The deal includes the exclusive rights to place Oyster on Barclaycard and Barclays Connect Visa cards for at least the next three years.
Last minute Christmas spending approaches £9.15 billion
This Christmas, it would appear that people intend to spend less on their festive shopping than they did last year. With only a week to go to Christmas, new research from Sainsbury’s Credit Cards indicates that the nation intends to spend some £9.15 billion during the last week before Christmas - £446.6 million less than the bank’s research identified this time last year.
Don’t let fraud drive you crackers this Christmas
Christmas may be a time of giving, but that doesn’t mean you need to give your identity to fraudsters, CreditExpert.co.uk advises. Increased spending, socialising and travelling during the festive season means that people’s guards are down and the opportunities for thieves to steal their identities are increased.
Brits' Christmas spending could mean a decade of debt
If they’re not careful, Brits funding Christmas with a credit card could face debts that hang around long after the decorations come down.
MyCallcredit warns Christmas revellers to protect their ID
With debit and credit card spending set for a year on year rise of 11.6 per cent during December, online credit report service MyCallcredit is warning people to look after their plastic this Christmas.
Pick a card - 2.7 million own five or more credit cards
Credit card fever is continuing unabated, with one in every seventeen British adults carrying five or more in their wallets, new research from MoneyExpert.com shows.
Shop stress-free and safe online this Christmas
To coincide with the busiest online shopping weeks of the year (9th and 16th December), APACS, the UK payments association is launching a fraud awareness campaign to promote the online security systems provided by Visa and MasterCard.
More than 4.2 million ‘still paying Christmas 2005 card debts’
More than 4.2 million credit card customers have still not cleared debts run up paying for last Christmas, shock research from MoneyExpert.com shows. Nearly one in eight credit card holders admits to still having debts on their cards from last Christmas as they gear up for this year’s spending spree.