Credit Cards Web

Understanding APR

APR stands for the Annual Percentage Rate. It is a standardised way of stating the interest rate you will pay for credit. On credit cards it will apply to carried over balances, that is, balances you do not, or cannot pay this month. It also applies to cash advances and sometimes to balance transfers from ...

Credit and Debit Card Blocking

Has your debit or credit card ever been declined even though you know you have money available? It can be an embarrassing experience, and if it occurred shortly after staying in a hotel or renting a car, it may have been due to card ‘blocking’.

What happens is that when you use ...

Loss of Credit Card Perks

If you have taken out a credit card and have used some of the little perks that the credit card companies gave you to entice you to join up with their card, is set for change. Instead of having your purchases protected with insurance and some offered cover for your car in case of a ...

Dealing with credit card debt

Getting into debt is easy. It’s so easy that our entire society is littered with the proverbial logs inviting you to sit. Watch TV and you are bombarded with images of the ‘proper’ lifestyle that simply doesn’t exist. But as television is a mild hypnosis millions easily believe that they won’t be happy until they ...

Dealing with Credit Card Debt

Being in a debt can give you sleepless nights. Credit card debt can ruin your chances of getting a car loan or mortgage. It is advisable to manage your credit card debt to avoid any future financial complications. Here, are some of the tips that will help you in reducing your credit card debt. Calculate how much ...

Difficulty Paying Your Credit Card

If you are unable to make the requested monthly payments then you should contact the credit company immediately. This is extremely important, the earlier that the credit card company knows about your difficulty the more sympathetic they will be to your situation.

If you do not tell the credit card company ...

How Much Do You Owe On Your Credit Card?
How many credit cards do you have? How much money do you owe on each card? Around twenty three people in one hundred have more than one credit card, and having more than one credit card means more than one balance. We are spending unnecessarily when we have numerous cards; think of all that interest ...

Get To Know Your Credit Card Penalties
One of the most unsavory entries you can see on your month-end credit card statement is a credit card penalty fee. Why? Because, along with being charged a high rate of interest on the penalty, the fee is totally unnecessary if you manage your debt repayment properly. Nonetheless, with many of us having numerous creditors ...

Avoid getting conned out of money by scam mail
Junk mail is something that is irritating and annoying to most of us, but in most cases is pretty harmless – we simply tear open the envelope, discover the contents are simply junk, and dispose of the letter in the appropriate way. However, there is a more sinister, malicious type of junk mail that is ...

0% balance transfer credit cards – the facts
The 0% balance transfer credit card is designed for those with existing credit card balances on which they are being charged high rates of interest. These cards enable borrowers to transfer these existing balances, thus benefiting from having just one credit card debt to deal with and more importantly avoiding interest charges on the balance ...

Identity Theft - Some Precautions
Last year alone fraud cost the UK credit card business over £1billion – and it is estimated that identity theft accounted for approximately 10% of that sum! To try and counter this huge loss, credit card companies have been coming up with ever more innovative and technologically sophisticated cards. Notwithstanding this action on the part of ...

How The Credit Score Process Works
Aside for your credit reference rating, the biggest single influencing factor on your credit rating will be your credit score. Now, unlike the credit reference agency rating, the way in which your credit score process works is clouded in mystery – as credit card companies won’t divulge this information to the public for fear of ...

How Your Credit Rating Is Determined
Your credit rating is going to be the central deciding factor on whether or not your will be approved a credit card or any loan. That said, most of us ‘laymen’ have no idea how the rating is calculated. With this in mind, the following is a brief explanation so you’ll know how your credit ...

Which Reward Credit Card Would You Choose?

Does one reward credit card give you the same benefits as any other rewards card? Lloyds TSB have launched their Rewards American Express Credit Card, their first loyalty card, which offers customers one point for every pound they spend, customers can use their points at retailers such as Debenhams, Marks & Spencers, ...

Cash Back Credit Cards

Cash back credit cards appear to be a lucrative deal to many of us. They come with cash back rebate incentives or rebate schemes. A cash back credit card gives you back a percentage of money that you spend on your card.

Cash back credit cards generally require good credit rating for approval. ...

Defining Credit Surfing

Credit surfing is now a very common practice in the United Kingdom, for one reason and one reason only – to save money. Here is some further information on credit surfing.

Credit Surfing Defined
Credit surfing is simply moving from one low rate deal on a credit card to another as ...

A Quick Guide to Balance Transfers
In the ever more competitive world of credit cards, balance transfers are the most effective means of which to lure new customers. This is, of course, good news for consumers as, in a bid to win your custom, some companies are offering up to an incredible 12 months interest free on balance transfers as ...

Choosing a Better Credit Card Deal
Many of us when it comes to credit cards will choose the first one that we are offered, as long as the APR on the credit card is of an acceptable level and we always tell ourselves that we will be paying off our account at the end of each month anyway, but as a ...

Choosing the Right Credit Card

Credit cards are a useful financial tool that has become an integral part of our lives. But have you ever given a thought what all factors you should keep in mind before choosing the right kind of credit card for yourself?

Even if you have not you can consider them now. The ...

Credit Cards - What Are The Advantages?
Credit cards can be defined as a payment card issued to a person for purchasing goods and services and obtaining cash against a line of credit established by a bank or a financial institution. There are different types of credit cards like standard credit cards, promotional and reward programs, bad credit and/or credit repair and ...

Credit Card Vs Store Card
What would you choose, credit card or store card? Which one of these cards would be more beneficial to you? Which card has the best offers and the best value for money? Well, we intend to find out. Credit Cards So, what do credit cards have to offer? Depending on which credit card type and company you ...

Using APR To Compare Credit Cards
More often than not you’ll be advised that comparing different Annual Percentage Rates (APR) is the quickest and easiest way to compare credit card offers. While not intending to be a reason for not using APR to compare credit cards, the following outlines some of the inherent problems of only using APR when comparing ...

0% purchase credit cards – what you need to know
A 0% purchase credit card is ideal for those that like the convenience and ease of credit card spending, but do not want to get ripped off paying the high levels of interest that credit cards often charge. By using a 0% purchase credit card you can enjoy making huge savings in terms of interest, ...

Cash back credit cards – the dos and don'ts
There are a number of different rewards based credit cards around these days, and one of the most popular ones is the cash back credit card. This type of credit card offers an extra benefit to consumers in addition to the ease, convenience, and flexibility that most credit cards offer. By using this type of ...

Football Credit Cards
Introducing Football Credit Cards If you support the beautiful game, then you will jump at the chance to choose among the wide range of football credit cards on offer. These are branded credit cards available from most premiership football clubs and you can have the satisfaction of supporting your favourite team every time you spend. All ...

Impressive cash back deal from Abbey
The Abbey bank has set a challenge to the other leading banks in the UK by offering a credit card that enables consumers to earn 5% cash back as opposed to the 0.5% or 1% that is generally offered on most cash back credit cards. With the new deal both existing and new Abbey credit ...

Debt management agency want to see age limit raised for credit cards
A debt management agency in the UK is calling for the age limit on credit cards to be raised from eighteen to twenty-one, stating that issuing credit cards to those in their late teens is promoting a culture of debt from an early age. The agency claims that making consumers wait until they are twenty-one ...

Egg closes credit card accounts of customers
The online lender Egg has recently caused outrage amongst many of its customers, after withdrawing the credit card facilities of over 160,000 cardholders. The lending giant made the shock announcement recently, yet it is still continuing to advertise its credit card. Many of the customers that have been affected by the card withdrawal have ...

New curriculum will help kids to understand financial management
As part of a new curriculum children in schools across the UK will be learning about effective financial management and learning how to stay out of debt. Although the adults of today cannot imagine learning this type of topic at school, the levels of consumer debt throughout the UK have been cause for great concern ...

Debt laden consumers crying out for help
Recent figures have suggested that the recent spate of interest rate rises may really have started to take their toll, as an increasing number of consumers in the UK turn to debt counselling services and charities for help and advice with their finances. Experts have been stating for some time that the financial knock on ...

What’s going on with the Egg card?
Banking giant Egg recently shocked tens of thousands of its own customers by announcing out of the blue that it would be cancelling their credit cards in just over one month’s time. With many consumers reliant on their credit cards, and with the credit crunch making it increasingly difficult for consumers to get credit with ...

Consumers need to watch their credit card spending
Over the past year many consumers across the UK have seen their credit card debts spiral out of control, leaving them to deal with high repayments and extortionate interest charges at a time when finances may already be tight due to rising interest rates, mortgage repayments, food, energy, and petrol costs. Credit cards have been ...

MasterCard Paypass launches in London
A number of areas in London have seen the launch of the MasterCard Paypass system, which is a contactless card system that enables consumers to make smaller purchases by card without having to sign anything or enter a PIN number. These cards can be used for purchases of £10 or less, and are set to ...

Credit card companies hike up various rates
A recent report has shown that many credit card companies have hiked up a variety of different rates and fees in order to try and make more money from consumers. Over the past month credit card companies have introduced over thirty different fee and rate hikes, which could end up costing consumers millions of pounds ...

Cheque payments being phased out
Over the years many consumers in the UK have become used to making payment for goods and services by way of a cheque, even in places such as shops and supermarkets. However, recent research shows that cheque payments could soon become a thing of the past in many areas, with fewer and fewer retailers wishing ...

Is it the end for capped balance transfer fees?
Balance transfer credit cards have become very popular over recent years, but over time credit card companies have started to try and make up for the lost revenue that comes with offering a 0% interest period by charging balance transfer fees. A balance transfer card is used by those that have high interest credit card balances, ...

Rate tarts could experience difficulties due to transfer fees
A recent report has indicated that credit card rate tarts could experience increasing problems as a result of fewer and fewer balance transfer credit cards capping the transfer fee that is charged. In the past many of these credit cards charged a fee of between 2-3% of the amount being transferred but capped the fee ...

Spending appears healthy despite credit crunch
According to a recent report many consumers in the UK are continuing to spend at healthy levels despite the financial hardship and problems that rising living costs and the credit crunch have brought. The month of February enjoyed a surprise boost in the level of retail sales, largely fuelled by healthy spending on food according ...

Brits become more dependant on credit cards
A recent report has shown how many Brits have become increasingly dependant upon their credit cards, particularly given their strained financial situations and the difficulties that many are experiencing when it comes to getting other forms of credit. This increasing dependence on credit cards is likely to lead to spiralling debt levels, and there are ...

Many mortgage payments being made by credit card
Over the past year more and more homeowners have found it increasingly difficult to meet their mortgage repayments, and this is partly the result of increasing interest rates. The base rate has gone up five times since August 2006, each time by 0.25%, and this has taken the base rate from 4.5% to 5.75%. many ...

Christmas credit card spending set to fall
According to a recent report spending on credit cards over the Christmas period is set to fall, and this could see retailers take a real hit in terms of profit, as consumers try and rein in on their spending on credit cards over the festive season. The results of a recent survey indicate that around ...

People continue to transfer balances
Over recent years the popularity of balance transfer credit cards amongst consumers in the UK has rocketed, with many people taking advantage of 0% offers in order to get rid of high interest credit card debt and enjoy interest free credit for a generous period of time, which has saved some borrowers a small fortune ...

Credit card companies getting tougher
Credit card companies across the UK are continuing to get tough in a bid to try and minimise on the risk of increasing bad debt levels. Over the past couple of months a number of credit card providers have increased a range of fees, charges, and rates in order to compensation for lost revenue, bad ...

Cards preferred by British spenders
A recent report has shown that the majority of Brits prefer using plastic cards to money when it comes to making purchases, reflecting how reliant the nation has become when it comes to putting things on the plastic. Consumers were found to prefer credit and debit cards to make their purchases rather than carry cash ...

Balance transfers till proving popular despite credit crunch
Recent research carried out by Sainsbury's Finance has shown that balance transfers onto 0% balance transfer cards are still proving popular amongst consumers despite the global credit crunch that has resulted in tighter credit conditions. According to the research millions of us are looking to transfer billions of pounds collectively over the next few months ...

Nationwide offers improvements on credit card warranty cover
The Nationwide Building Society has announced that that it is making some changes to its warranties on its credit card, stating that many consumers could benefit from the changes that have been made, as they will receive greater protection on their purchases. The building society is offering extended warranties on a number of different product ...

New card available from Abbey
Spanish owned High Street bank, the Abbey, has recently launched a new credit card that could prove to be of interest to a number of people looking to save money on their credit card spending. The card eliminates a wide range of fees for a fixed period of time, and could prove valuable to those ...

All in One card could suit some consumers
In a bid to entice customers the Halifax recently launched its All in One credit card, which offers benefits that include ten months interest free credit on both balance transfers and purchases, enabling qualifying consumers to enjoy saving a small fortune in interest if they repay their balance within the interest free period. According ...

Struggling to find the cash for your next big purchase?
There are many people in the UK that decide to make a large purchase but do not have the cash available upfront to pay for the purchase. Whilst most of us would like to be able to have the money to pay for larger purchases upfront most of us do not have this luxury, and ...

OFT to launch website to compare credit cards
The office of Fair Trading has announced that it will be launching a website that will enable consumers to compare different credit cards in order to find the card that offer them best value for money based on their needs and circumstances. Like other price comparison sites, consumers will be able to access the website, ...

Egg continues to cause upset
Over recent weeks many Egg customers have been upset and outraged after Egg officials decided to close the credit card accounts of around 161,000 customers, claiming that the credit profiles of the customers affected had deteriorated since the originally opened their credit card accounts. This was angrily disputed by many of the customers who ...

Getting a good deal on a 0% balance transfer card can still be difficult
The global credit crunch that swept across the nation last summer has had long term adverse effects in all areas of the money markets, and consumers looking for good deals on loans, mortgages, and credit cards have seen their choices – and their chances – dwindle fast over recent months. A recent report has suggested ...

Decrease in capped balance transfer cards
Balance transfer cards have enjoyed enormous popularity over recent years, and this is because they enable consumers to save a fortune in interest by transferring their balances from high interest credit cards onto the balance transfer card, which offers a period of interest free or low interest credit on the transferred balance depending on which ...

Common Credit Card Fees Examined
As most credit card users already know there are other fees that may be charged to your card's account based upon different conditions. Some are more expected than others. There are some fees that only appear if you use your card irresponsibly such as when payments are late or you go over your ...

Zero card will benefit some people but not all
A financial industry professional has commented on the recently launched Zero credit card from high street bank, Abbey, stating that whilst the card offers a range of valuable benefits and money saving features, and will certainly benefit many consumers, there are other consumers that may find that an alternative card is more suitable despite the ...

TV presenter falls victim to fraud
A television presenter has fallen victim to fraud after printing his bank account details in a widely read tabloid to prove that people that were scared of becoming victims of fraud were making a fuss about nothing. Presenter of the popular show Top Gear, Jeremy Clarkson, was referring to the concerns that arose following last ...

Londoners finding tap and go technology convenient
Following their launch in the autumn of 2007, tap and go cards are apparently proving very popular in London amongst both consumers and retailers. The general opinion seems to be that these cards save time, increase ease and convenience, and provide security, as no cash has to be carried around. The cards enable consumers to ...

MP expressed concerns over credit card withdrawals
Following the controversial decision by Internet lending giant Egg to withdraw the credit cards of over 160,000 customers an MP has expressed concern than banks are simply taking credit cards from those that do not earn them enough money in profits and handing them out to those that have to pay a high amount ...

Fraud against deceased can be avoided through new scheme
A new scheme has been introduced that is aimed at reducing the risk of fraud against people that have passed away. Fraudsters often target those that have recently died, reading up on obituaries, finding out as much as possible about the person, and then posing as them either on the phone or by letter in ...

Getting a credit card for the summer holidays
As any parent will know the seemingly endless six week school break will soon be upon us, and this means that there will be everything from holidays away to entertainment for the kids to think about. Whilst it can be very exciting to be thinking about the summer holidays and spending time with the whole ...

Be careful with your PIN
Most people know what a pain in the backside it can be to be standing at the cash point machine or in a queue of people in a shop only to realise that our debit or credit card PIN has escaped our minds completely. From time to time many of us have a mental block ...

Payment protection insurance on credit cards

Credit cards are one of life's essentials. From buying groceries to spending a week in the Bahamas, credit cards offer us financial convenience at our fingertips. Our reliance on credit cards means that we can 'buy now - pay later', safe in the knowledge that the salary from our jobs can be used to ...

Credit Card Protection - How Covered Are We?
Many credit card and bank account holders are being spoon fed, allsorts of flannel and that’s what it is flannel about all of the protection that they are offering us when it to fraud on our credit cards. So many now are telling us that they are offering credit card protection for fraud on our purchases ...

Useful Tips on Avoiding ID Theft
It has been said many times before but the saying is particularly true in this case the saying is most definitely true. Prevention IS better that cure.
We will try to explain the cause and effect of the heinous crime and hopefully give you some tips on how to avoid being caught in the identity ...

Rejected Credit Card Applications - What Now?
Most of us know how it feels to be rejected for credit. There is hardly anyone out there who has not, at some point been rejected, and most of us still are for a good proportion of what we apply to. It’s nothing to be ashamed of, applying for credit is just one of those things ...

Are you a Rate Tart?

A dozen in five years
Rate tarts: people who change credit cards at the ‘drop of a hat’ to take advantage of extremely low interest, or interest free, periods on different cards. To notch up a dozen or so cards in the space of say, five years, is common. A rate tart could be ...

Cheque use in UK continues to decline
Recent reports have shown how the use of cheques in the UK is continuing to decline, further fuelled by a number of leading retailers now placing a ban on the use of cheques, branding them time consuming and costly to process given the reduced popularity of cheques as a method of payment. Paying by cheque ...

Get your card provider to cut your interest rate
An industry official has suggested that many customers could be paying for too much interest on their credit cards, stating that credit card companies have failed to cut the interest rate on cards despite three recent cuts in the base rate from the Bank of England. In fact, industry experts state that credit card ...

Report issued on identity theft statistics
A recent report has been issues detailing statistics relating to the risks of identity theft. This comes at a time when many consumers are in fear over the safety of their personal data, with data loss blunders from banks and government agencies fuelling concerns over the risks of identity theft. The data comes from the ...

Good credit card payers being penalised by credit card firms
Many consumers that use their credit cards regularly, repay the balance in a timely and responsible manner, and are not knee deep in debt, are being penalised by credit card companies according to a recent report. The report suggests that credit card companies are penalising good paying customers because they are not generating enough profit ...

Prepaid cards could help consumers to minimise the risks online
According to a recent report an increasing number of consumers in the UK are becoming more and more wary of shopping online using their credit and debit cards, and this is because of the rise in CNP or Card Not Present fraud, which is making many people think twice about shopping online. The level of ...

Continued rise in UK credit card defaults
According to a recent report the level of defaults on credit card debt in the UK is continuing to rise, with a rising number of people finding that the financial crisis and the recession are leaving them unable to keep on top of their credit card and other financial commitments. The data comes from Fitch ...

Council flat credit card fraudsters jailed
Credit card fraud is a problem that concerns many officials and consumers, and with fraud levels having increased over recent years many people have become frightened of becoming a victim of this sort of crime. A recent arrest, however, means that there could be one less gang of fraudsters on the streets of the UK, ...

Prepaid credit card launched by Paymex Group current account
Many of us enjoy the convenience, flexibility, and ease that having a credit card can offer, but not everyone wants or can get a traditional credit card. Some people have such poor credit they cannot get a traditional credit card, and others choose not to have a normal credit card because of the risk of ...

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Return of the Abbey Zero card
Many consumers will be glad to hear that the Zero credit card from banking giant Abbey has made a comeback, as this card could prove ideal for those that are planning to head abroad on their holidays. The credit card enables consumers to enjoy fee free credit when they are spending abroad, so many Brits ...

Halifax extended interest free period on balance transfer card
There was good news for credit card customers that are looking to transfer the balances off their high interest credit cards onto an interest free balance transfer credit card recently, with one major provider announcing that it was extending the interest free period available on its balance transfer card. The longer interest free period is ...

Cost of credit card withdrawals increasing
According to industry experts the cost of withdrawing cash on a credit card is increasing, just at the time when most cardholders are desperate to try and cut back on costs whilst becoming increasingly reliant on their credit cards because of the ongoing financial crisis. Over the past year credit card firms are said ...

Overdrafts being put onto credit cards by many consumers
According to recently released industry figures an increasing number of people are putting their overdraft debt onto their credit cards to try and weather the difficult financial climate. Millions of consumers are said to be doing this, and official have said that they are exploring the ability to be able to then shift their high ...

Brits keeping credit cards secret from partners
It has recently been revealed that many spenders in the UK are in possession of a number of credit cards, but for a number of different reasons have decided to keep these credit cards a secret from their partners. Recent research was carried out by the Halifax, and the results showed the extent to which ...

Average credit card rates shoot up once again
Over the past seven months the Bank of England base rate has declined to its lowest level in the three hundred and fifteen year history of the central bank, sinking to an all time low of just 0.5 percent, which is just a tenth of the level it was at in October of last year, ...

Beating Identity Theft Fraudsters
Fraudsters that steal your identity lurk in places where you would never expect to find them. These thieves can’t be seen and you only know that you have become an identity theft victim when you receive your banking statement or your credit card bill. Fortunately, there are ways in which you can avoid ...

Credit card rates soaring
It has been shown in a recent report how credit card interest rates in the UK are soaring, with the APR on some cards having now broken through the 18 percent barrier. This has caused outrage amongst consumers and campaigners, who are demanding to know why credit card rates are soaring whilst the base interest ...

Central bank deputy wants credit card firms to keep lending
The deputy governor of the Bank of England has said that it is important for credit card firms to continue lending in order to help pull the UK out of the ongoing recession. Paul Tucker, the deputy governor of the central bank, was giving a speech the Association of British Insurers when he stressed ...

The High Risk of Using Credit Repair Cards
Many people do not realize that they have damaged credit until they have been turned down for loans and other credit as a result of a low score. Others who have not paid much attention to being diligent in making their payments in the past are now realizing the benefit of having a good credit ...

Ways You Can Lower the Interest You Pay on Your Credit Card Balance
Credit card companies charge a high rate of interest when you have an outstanding balance on your credit card. This interest is often a small amount less than the minimum payment each month so that you are paying very little on the debt each month. Take a look at these tips designed to help you ...

More Protection For Credit Card Borrowers But With A Catch
With a consumer white paper released to aiming to protect consumers by curbing reckless borrowing and spending, and a white paper designed to protect Britain from a repeat of the current financial crises with tougher legislation for banks, it seems the Government is finally recognising the need to rein in on sneaky, unfair tactics used ...

£1 fee charged on Egg credit card
Egg has hit the financial headlines yet again lately, after becoming the first credit card providers to charge a monthly fee on a mass market credit card. The monthly fee is for £1, which means that over the course of the year cardholders will pay £12 for the card. The credit card is the Egg ...

Couple nearly gets caught out in credit card tax scam
A couple from the UK has explained how they nearly got caught out by a credit card tax scam, after receiving an email that claimed to be from HM Revenue and Customs, and which claimed that they were entitled to a rebate on their taxes. The email asked the couple for their credit card details, ...

Firms that make monthly credit card charges to consumer causing problems
According to a recent report many consumers in the UK who have credit cards are getting trapped by firms that take money from the card on a monthly basis. Officials believe that whilst in some cases firms may be making a genuine mistake by continuing to take monthly credit card payments after a service has ...

IMF warning about UK card crisis
Officials from the International Monetary Fund have recently warned that there is a credit card crisis heading for Europe, and amongst the hardest hit countries will be Britain. The IMF has estimated that consumer debt in Europe currently come in at £1.49 trillion, but has said that around £104 billion of this may have to ...

Online credit card fraud causing problems for providers
Credit card fraud online has become increasingly prevalent over recent years, with a sharp rise in CNP, or Card Not Present, fraud, which includes online transactions where the card itself does not have to be present because the transaction is completed remotely. A recent report has shown how the credit card industry appears to be ...

Credit card customers need to get advice when struggling
Consumers who are struggling to repay their credit card debt and other debts are being advised to ensure that they seek help from industry professionals to avoid getting into too much of a financial mess. In the current financial climate, and with the recession leading to massive job losses, many people are now struggling to ...

Consumers continue to make donations on credit cards despite recession
Whilst the recession has definitely seen a greater number of households aiming to cut back on their expenditure and outgoings in order to weather the financial crisis, recent research has shown that Brits are still being generous when it comes to making donations to charities. It has been revealed that many Brits are still using ...

Barclaycard allows consumers to check eligibility online
According to a recent report the credit card giant Barclaycard has introduced a new facility that will allow consumers to check on their eligibility for a Barclaycard before they go to the trouble of making a full application. Many of those that have been applying for a Barclaycard lately have found that their application has ...

Citi cuts perks on credit card
Over the years rewards based credit cards and cash back credit cards have become very popular amongst many consumers who want to earn a little something back from the credit card companies rather than simply paying the firms interest. Those that have benefited most from these credit cards are those that clear their credit card ...

MBNA launches no fee credit card
A no fee credit card has been launched by financial giant MBNA, and this could help many consumers to save money on the cost of their credit card bills, which will prove invaluable in the current financial climate. The balance transfer credit card from MBNA comes with a fee free facility for those transferring balances ...

Facility introduced to help reduce affecting credit score when looking for credit card
These days many people may be looking to get their hands on a low rate credit card, particularly given the increased reliance of consumers on credit cards in the current financial climate. However, over the past eighteen months lenders have become far more restrictive when it comes to giving out credit cards, and are far ...

Credit card firms get tough on consumers
It has been reported recently that consumers with credit cards are being chased by their credit card provider as soon as they miss a repayment even if they have previously had very good credit. Card providers are now pouncing on all their credit card customers even if they have only just missed the payment and ...

Calls for increased fairness for victims of credit card fraud
Credit card fraud is a big problem in the UK, and whilst in some cases the fraudsters that commit this type of crime use sophisticated measures in other cases it is simply a case of stealing the card, wallet, or handbag from a person and then using the card. In most cases banks have been ...

Brits could become addicted to credit cards again next year
It has been claimed by officials from the International Monetary Fund that the British public is fast heading towards becoming addicted to credit cards and other forms of consumer credit again next year, after a temporary lull that was caused by the global credit crunch and the difficult financial climate. It has been predicted that ...

Yes You Can Lower the Cost of Your Credit Cards
In the past credit card companies have raised customers’ credit limits unbeknownst to them, sent them checks they can use to transfer balances and have charge exorbitant interest rates on balances. This is about to come to an end with the plans the UK government has in place to crack down on the ruses used ...

Consumers can benefit from contesting credit card fees
Many credit card firms have increased credit card interest rates for customers without any explanation or reason in a bid to make more money from the consumer. However, a recent report has suggested that consumers should always contest any unexplained credit card interest rate increase with their provider, as there is a good chance that ...

Nine month low for UK credit card borrowing
Recently released figures have shown that in September the amount of money that Brits borrowed on their credit cards fell to its lowest level in nine months, with many continuing to aim to pay off debts rather than accrue further debt in the ongoing difficult financial climate. Only £79 million was borrowed on credit cards ...

Credit card companies use incentives to attract customers
According to a recent report an increasing number of credit card companies in the UK are trying to attract customers by offering a range of incentives that even include free flights. Vouchers and other incentives are also being offered, and this comes after two years of turbulence in the market where not only were many ...

Elderly will adapt to credit cards once cheques disappear
After the recent announcements that cheques in the UK are to be phased out by the end of October 2018 a number of groups expressed concern that there would be many people that would be unable to cope with cheques to rely on, and one of these groups was the elderly. Concerns were expressed over ...

Strong spending on credit cards over Christmas period
Whilst many people may have thought that spending on Christmas and January sales goods would be down this year as a result of the recession and the difficult financial climate that the nation has been through in the past year retailers have reported that spending on credit cards this Christmas and New Year was in ...

Skiers can still afford to hit the slopes by spreading the cost on a credit card
A spokesperson from the Spanish owned bank Santander has stated recently that whilst many skiing enthusiasts may wonder how they are going to afford to take their skiing trip this year taking out a suitable credit card could be the ideal solution, as this would allow them to make the payment for their skiing trip ...

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Orange to launch contactless credit card
Mobile phone giant Orange is set to launch its own contactless credit card in partnership with banking giant Barclaycard. The card will be co-branded and operated by Barclaycard, and will offer customers a range of flexible options when it comes to their credit card use. With the new credit card from Orange customers will be ...

Balance transfers on credit cards to soar in first quarter
Over the Christmas and New Year period many consumers will have given their credit cards a good bashing, having made all sorts of festive purchases on them from buying gifts and food for Christmas to paying for entertainment and buying clothes for nights out. However, in the aftermath of the festive season many will now ...

Can online banking help with financial management?
The Internet is a tool that has revolutionised our lives in many ways, and both business and personal users find that the Internet is invaluable for all sorts of things, from keeping in touch with friends and family to socialising, entertainment, shopping, education, fun, and even financial management. Over the past couple of years an ...

Many Egg credit card customers unable to make payment by debit card
It has been revealed that a problem on the data base of credit card and internet financial giant Egg has resulted in many of its credit card customers being unable to make a payment on their accounts through the use of a debit card. The problem is said to have affected those that were trying ...

Lower than expected defaults on credit cards and other borrowing
Figures that were recently released have indicated that the level of defaults by consumers on credit cards and other forms of unsecured credit in the last quarter of last year was lower than had been expected. The figures were released by the Bank of England, and the data showed that in the final three months ...

Getting a credit card sorted for the summer holidays
As the recent events with the Icelandic volcano chaos have shown us taking a credit card on holiday for emergencies is vital these days. Many of those that were on holiday when the eruption affected flights had not taken any credit cards with them, and were therefore in dire straits when it came to having ...

Getting a credit card could become more difficult for consumers
In the current financial climate many people are struggling with their finances, and this means that many are looking for financial support through various forms of credit. One of the types of credit that many people are looking to use to tide them over is credit cards, but some of those that try and get ...

Ways to cut back on credit card interest
Many credit card users in the UK will know just how crippling the cost of paying interest on an outstanding balance can be, and even though the Bank of England base rate has been at an all time low of 0.5 percent for a year now the interest rates on many credit cards seem to ...

Consumers should aim to pay off credit card balance in full
Many people these days have at least one credit card, and these pieces of plastic can provide us with ease, convenience, security, and flexibility. However, many people go about using and repaying their credit card the wrong way, and this can end up costing them a fortune. One industry expert, Andrew Hagger, has recently highlighted how ...

New 0 percent balance transfer card available from Clydesdale
Over recent years a rising number of consumers across the UK have managed to benefit from interest free balance transfer credit cards. With these 0 percent balance transfer credit cards users have been able to transfer the balances from high interest credit cards onto the balance transfer card and then enjoy a lengthy period of ...

Comparing credit cards to get the best deal
It is vital these days for consumers that want to enjoy the benefits of affordable credit cards to ensure that they compare the different cards available and with the varying interest rates and costs related to credit cards some consumers could save a small fortune by simply hunting around for the right card. The internet ...

MBNA shakes up credit card market
Credit card giant MBNA has shaken up the credit card market by making changes to it allocation of repayments, according to recent reports. The move from MBNA comes after the release of new guidelines that would make credit card firms put repayments towards the most expensive debt first. However, MBNA is putting its new rules ...

Many still paying bills on credit cards
Over the past couple of years a rising number of consumers have turned to their credit cards in order to pay for essentials such as food, bills, everyday necessities, and even mortgage or rent payments. The global financial crisis and the recession resulted in many people struggling to make ends meet financially, which is why ...

Do you need an interest free card in time for summer?
According to a recent report credit card users are set to give their cards a real battering over the course of this summer, and around £100 billion is expected to be spent on credit cards over the period. Whilst some people may be planning to use their credit cards whilst they are taking their summer ...

Some dos and don’ts of credit card use
Whilst most people think that credit cards can be very useful financial tools, offering flexibility and convenience, they can be costly tools as well if they are used in the wrong way. Credit cards can be very effective for those that want to have more freedom when spending as well as the security of not ...

Borrowers with interest free credit cards urged to repay balance early
Industry officials have said that it has become increasingly important for those with interest free credit cards to ensure that they repay the balance on their cards in full within the interest free period, and this is because of a sting in the tail that has been highlighted in a recent report. There are many different ...

Credit card spending up as summer sales hit
With the effects of the global financial crisis and the recession still having a profound impact on the finances of many people the level of spending on credit cards has taken a real hit, with many consumers reluctant to spend on their credit cards because of their financial situations and the desperation to try and ...

Penalties may be severe for credit card late payers
Whilst most credit card users now realise that if they make a late payment or miss a payment on their credit card debt they will be hit with a late or missed payment charge many may not be aware of the full severity of the penalties that they may face if this happens. According to a ...

Don't lose your interest free facility on your credit card
Many people these days have interest free credit cards, and this is because these cards can offer great value for money in terms of saving consumers money on the amount that they pay on their borrowing. There are different types of interest free credit cards, including interest free balance transfer credit cards and interest free ...

AA credit card makes changes in consumers' favour
Changes have been made to AA credit cards that are designed to help consumers to save money on interest. In the past credit card providers have used repayments made by cardholder to pay off the cheapest credit first, which has left higher interest balances to accrue interest. This is something that caused a lot of ...

Generous interest free period on balance transfers from Natwest
Many consumers are keen to save money on their borrowing, such as on their credit card borrowing, but with credit card interest rates so high the cost of borrowing can be crippling for some consumers. However, a great offer from Natwest could help borrowers to enjoy big savings on their credit card debt, making it ...

Interest free purchases with the Tesco Clubcard credit card
Making purchases on a credit card can work out to be very costly for those that have high interest credit cards but cannot repay the balance in full each month. With Christmas fast approaching many people may be planning to use their credit cards to fund their purchases but for those that are using high ...

New credit card launched by supermarket giant
Consumers in the UK have a wide range of credit cards to choose from these days, and there are cards that offer different benefits for different consumers based on their needs and preferences. One thing that consumers want is a card that offers them value for money on their borrowing as well as features that ...

Finding the right credit card for Christmas shopping
Although it may seem a while before Christmas swings around it often comes around far faster than we imagine, and before we know it the shops are full of Christmas goodies, and friends and family members – and the kids – are making their demands with regards to gifts. For many people in the current financial ...

Those with debt may not benefit from rewards based credit cards
A recent report has shown that whilst rewards based credit cards may prove beneficial for some consumers, those that are in debt or cannot repay their balance in full will not benefit from having these cards for a number of reasons. With rewards based credit cards users are able to earn rewards points, discounts, air ...

Many will use credit cards and store cards for Christmas
The past year has been a tough one financially for many people, and many households have had to raid their savings and borrow money in order to make ends meet. As a result there are huge numbers of people that do not have ready cash to spend on their Christmas purchases, and with the festive ...

Increase in credit card spending fuels debt concerns
A recent report has highlighted how personal debt issues could increase over the coming months as a result of increased credit card spending. Figures have been released based on the Barclaycard Spending Index, and show that the amount spent on credit cards in August of this year was 9.2 percent higher than the same month ...

Worried Brits may turn to credit cards
Officials have said that many worried Brits may end up turning to credit cards to fund their Christmas spend this year, with many concerned that they do not have the necessary funds to pay for the items that they need for Christmas. Research carried out by a financial group showed that around 53 percent of ...

UK credit cards are overused
It has been claimed by an industry expert that credit cards in the UK are being overused by consumers as a result of the ease with which consumers are able to use these cards to subsidise their spending. Management expert Yvonne Goodwin said that it was too easy for consumers in the UK to rely ...

Frequent credit card users in better financial health
It has been claimed in a recent report that people that use their credit cards on a regular basis tend to be in better financial health than those that do not use their cards all that often. The claim has been made following a recent survey that was carried out by YouGov SixthSense. The group said ...

Greater transparency could benefit credit card users
An industry official has stated that credit card users in the UK could really benefit from greater transparency and recognition of credit card debt. Jasmine Birtles, who founded Moneymagpie.com, said that it is important for consumers to recognise potential financial problems rather than ignoring them and brushing them under the carpet. She said that it was ...

More than a fifth of outgoings being put on credit cards
It has been revealed following a recent survey that credit card users in the UK are putting more than one fifth of their outgoings on their credit cards. The research was carried out by Sainsbury's Finance, and the results showed that men tended to put more of their outgoings on to their credit cards than ...

Five common credit card mistakes
Having a credit card provides ease, convenience, and flexibility for consumers, but in order to make the most of credit cards it is important to use them properly. There are a number of common mistakes that are made when it comes to credit cards, and this can make using a credit card more costly or ...

Increase in searches for 0 percent credit cards
It has been reported that there has been a sharp increase in the number of searches being carried out for 0 percent interest credit cards recently, which seems to indicate that shoppers have been preparing themselves early on for the up and coming expense of Christmas. Many people turn to credit cards and other forms ...

Charity warns consumers not to use credit for Christmas
A debt charity is warning consumers not to pay for Christmas purchases using credit, stating that consumers need to have a clear spending strategy and should avoid starting the New Year in debt. Many people are likely to be relying on their credit cards this year in order to fund their Christmas shopping, but the ...

Ways to cut your credit card interest rate
As most people know credit card interest rates have really spiralled out of control over recent years, and whilst the base interest rate has been at an all time low of just 0.5 percent for nearly two years now interest rates on credit cards are still sky high, resulting in many people paying a fortune ...

Brits increasingly concerned about credit card fraud
It has emerged that Brits have become increasingly concerned about credit card fraud, with fears of falling victim to card fraud hitting an all time high according to a recent report. One thousand people were polled by the communications company Connected World, which carried out the research. Almost two thirds of those taking part in ...

Credit cards can improve credit ratings
It has been highlighted in a recent report how credit cards can help to improve the credit rating of many cardholders, enabling them to get far better and more affordable financial deals in the future as well as giving them access to a greater choice of financial products. Over recent years many people have damaged their ...

Many could take over a year to pay back Christmas debt
With Christmas fast approaching many people are now using their credit cards to get online or hit the High Streets and make all sorts of purchases, ranging from gifts and cards for loved one to clothes, entertainment tickets, and more. Credit cards provide consumers with enormous convenience and flexibility at times such as Christmas as ...

Get online and save on your credit card
At this time of year many people are reliant on credit cards, and being able to use a credit card for your spending over the festive season has both its ups and downs. Having a credit card means that you can enjoy the convenience and ease of using plastic to pay for your purchases over ...

Credit card users should be mindful of overseas charges
With Christmas now upon us many people may be braving the cold weather and heading abroad over the Christmas and New Year period to spend time with loved ones, enjoy some better weather, or simply to get away from the mad rush at home and escape to somewhere quieter and more laid back. Many of ...

Barclaycard launches generous balance transfer credit card
For many people Christmas and New Year have been times of severe overspending, and much of this spending has been done on trusty credit cards, with people paying for items on their cards and then worrying about repayment of the debt later. However, the time has now come to start worrying about the repayment of ...

Reduce your credit card debt in 2011
For many people the start of a New Year will make the opportunity to make a fresh start in terms of finances, and this means being able to sort out and streamline the household budget to try and minimise on waste. Many people, particularly at this time of year, spend a fortune on interest on ...

New Year, New Credit Card
With the New Year now upon us many of us will have made New Year's resolutions, and given the difficult financial year that most of us have experienced many of these resolutions will be centred around finances. Sorting out your finances at the start of the year can be very refreshing, as it gives you ...

Government aims to increase charity donations via credit cards
It has been claimed in a recent report that the UK government is hoping to increase donations that are made to charities across the UK by providing credit card holders with the means to make a donation each time they make a transaction on their credit cards. Officials believe that this is a way in which ...

Millions to transfer billions on credit cards this year
It has been revealed that millions of people are set to transfer billions of pounds worth of credit card debt this year, as they strive to save money on the cost of interest and cut back on the amount that they have to pay out each month. Research that was carried out recently indicated that ...

Consumers in debt urged to seek debt advice as soon as possible
Over the festive season and the New Year many people will have accrued large amounts of debt on credit cards, overdrafts, and in the form of loans. With the financial climate in the state that it is in many of those that have accrued debt over the Christmas period will have added to existing debt ...

Holidaymakers could cash in with the right credit card
According to industry officials Brits that are planning to book their holiday over the coming months could cash in if they use the right credit card to make their booking. Many Brits pay for their holiday booking using their debit card, and fund it with cash that they already have so that they do not ...

Is a cash back card the right choice for you?
There are many different rewards based credit cards around these days, with cards offering everything from air miles and reward points to discounts and travel rewards. There are also cards that offer a percentage of cash back on all purchases that are made on the card. Generally the percentage is only low, such as 0.5 ...

Mixed news for credit card deals
There has been both good and bad news for consumers that are looking for affordable credit card deals over recent years, it has been revealed. Credit cards have become increasingly popular over the years, with more and more people using them not just for luxury purchases and emergencies but also for everyday purchases. Over recent ...

Credit card security needs to be stepped up
Whilst we are all only too well aware of the security issues that face us when we use credit cards many of us still fail to take any sensible precautions or action when it comes to using their cards. Credit card fraud has become increasingly common over the years, and these days many people end ...

Best credit card providers named as AMEX and M&S
There are many different credit cards and providers on the market these days, with consumers able to choose from a range of credit card deals to suit their needs. However, some offer better value and service than others, and consumers are always on the lookout for those cards that can offer their both affordability and ...

Don't get talked into a high rate credit card
It has recently been announced that credit card rates have reached their highest in thirteen years, even though the base interest rate remains at its all time low of 0.5 percent, where it has been for nearly two years. Many borrowers may have thought that this would equate to more affordable borrowing on credit cards ...

Many people fail to pay credit card repayments via direct debit
Research has recently been carried out by the comparison service confused.com into how consumers make repayments on their credit cards. The research showed that an alarming number of credit card users fail to make repayments via direct debit, thus putting themselves at increased risk of missing payments on their credit card debt. According to the research ...

Will mobile payments really impact on credit cards?
There are recently been speculation over whether credit cards use could be reduced as a result of the launch of mobile payments. Many have said that they think people may prefer to utilise the convenience and ease of being able to pay using their mobile phones when making transactions, and this means that fewer and ...

Is it worth paying off a credit card with a loan?
Many people that have one or more credit cards with balances on may wonder whether it is worth paying off all of their credit cards by taking out a single consolidation loan. In many cases it can be a good move to use a loan to pay off various credit cards, as it means that ...

Brits heading abroad need to shop around for credit cards
Industry experts have recently warned consumers who are heading abroad over the coming months to hunt around for the right credit card in order to avoid costly charges whilst using the card abroad. Many cards charge excessive fees when cardholders use their cards abroad, and this can really bump up the cost of the holiday ...

Is it wise to use a comparison site to find a credit card?
There are many different methods and sources that are used by consumers in the UK to find a credit card these days. Many people take the credit card that is offered to them by their bank when they open a bank account or as part of a marketing campaign. Others will ring around or go ...

Many consumers will carry credit card debt this year
It has been reported recently that there will be many people that will be carrying credit card debt over the course of this year. Credit card debt has become a big problem for many people, and over the past few years people have become increasingly reliant on their credit cards because of the global financial ...

Credit cards used to buy early presents
The results of a recent survey have revealed that when it comes to Christmas shopping more and more people are using their credit cards to buy presents earlier by going online rather than using cash and waiting until the last minute. In years gone by many people ended up having to wait until the last ...

Losses from card fraud have fallen
Credit and debit card fraud is something that many people are nervous about, and it is not surprising given the way in which this type of crime has rocketed over the years. Many people have fallen victim to credit and debit card fraud, with some losing a lot of money as a result of this ...

Many fund lavish lifestyle with a credit card
There are many people that are funding their lavish lifestyles with credit cards and loans according to a recent study, with many of these people being single people that live alone. The survey was carried out recently by Bright Grey, which revealed a worrying trend with regards to how credit cards were being used by ...

Take advantage of credit card competition
There are many people that have credit cards with high interest rates on which they still hold high balances, particularly in the first half of the year following the busy and costly Christmas and New Year period. Many will also be accruing more debt on their cards over the Easter period as they take the ...

Credit card consumers should set up direct debits
There are many ways in which people with credit cards make repayments on their credit card debt, with some paying by Internet bank or by phone and others paying at a post office or through the bank. There are also people that set up a standing order or direct debit to make their payments on ...

Complaints over credit card refunds continue
It has been claimed that although the levels of credit and debit card fraud are said to have fallen in the UK the number of complaints relating to banks refusing refunds on fraudulent transactions has continued to increase. Under regulations cardholders that have become the victims of card fraud are entitled to an immediate refund ...

Who pays for the first date?
When it comes to paying for dates credit cards have come in very useful over the years for both men and women. Whilst in days gone by it was traditionally the man that paid for many of the dates – especially the first date – these days many women are quite prepared to whip out ...

Credit card charges being investigated
The Office of Fair Trading is now in the process of investigating the surcharges and fees that many companies apply when consumers use their credit cards and debit cards to make purchases. The move comes after the consumer campaign group Which? launched a super-complaint because they believed that the charges being applied by companies were ...

Is it worth opting for a 'bad credit' credit card?
There are credit cards around these days that are designed to meet all sorts of needs and circumstances, from interest free credit cards for those that want to save money on interest to rewards cards, balance transfer cards, and even credit cards aimed at those with damaged credit. Whilst most credit cards are aimed at ...

Consumers steering clear of store cards
It has been revealed that many consumers are now steering clear of store cards and sticking to credit cards because of the higher rates of interest that are charged on store cards. Many officials have spent years urging consumers to be wary of store cards because of the extortionate rates of interest that are charged ...

More people using credit cards at the pump
In the past there were many people that used their credit cards to pay for their fuel at the petrol pumps, and this is because they enjoyed the convenience and ease of doing this and in some cases could even earn rewards by spending on the card and then using the money that they would ...

Many will be looking for credit cards with rewards
There are many different types of credit cards on the market these days and in the current financial climate where finances are tight there are many people that are keen to get their hands on these cards. According to a recent report around 8.65 million people are planning to take out a credit card over ...

More people may apply for credit cards in current climate
It has been claimed that a rising number of people could end up applying for credit cards in the UK because of the ongoing financial climate. With the cost of living having soared and wages remaining frozen or even reduced in some cases many are now unable to keep on top of costs such as ...

Halifax credit card to track base rate
It has been reported recently that the High Street banking giant Halifax is set to change the interest rate structure of credit card holders by giving customers a personal interest rate that will track movements in the Bank of England base rate. This means that if the Bank of England increases the base interest rate ...

Will you be booking a London hotel for the Royal Wedding?
There are many people who may be hoping to get themselves a hotel in the city in order to celebrate the Royal Wedding of Prince William and Kate Middleton next week and many may be planning to use their credit cards to do this. However, consumers are being warned that they should be mindful that ...

Start your search for a credit card for summer
Whilst many people may be planning to cut back on their spending this coming summer there are many that will be planning trips abroad or within the UK. For many parents the six week summer holiday is one that can be very costly, and keeping the kids entertained can be surprisingly expensive. Many parents decide ...

Find the best credit card to fund home improvements
Consumers who are thinking about using their credit cards to fund home improvements and repairs are urged to ensure that they search around for the best card in order to get value for money. There are many people that will be looking at conducting home improvements at this time of the year, as many want ...

Credit card customers urged to make note of when deal ends
Credit card customers in the UK are being urged to bear in mind when any special deals come to an end so that they do not get caught out with high interest payments. This is especially important for those that have taken out interest free purchase credit cards or interest free balance transfer cards, as ...

Royal wedding will have left many with debt
The Royal Wedding that took place recently between Prince William and Kate Middleton caused a lot of interest and excitement for many people across the UK, and the fact that most people were given the day off work for the wedding meant that they had even more of an opportunity to celebrate. The wedding day was ...

Credit card fears should not put off online shoppers
After the variety of horror stories that people tend to see in the news these days regarding credit card fraud and identity theft it is little wonder that so many people are nervous about shopping online for fear of becoming one of the victims of this type of crime. This is particularly true when it ...

Don't reclaim your credit card PPI through a claims management firm
There are many people that have credit cards, loans, and other forms of personal finance that will now be thinking about putting in a claim for compensation due to being mis-sold Payment Protection Insurance on their credit cards or their loans. This comes after the recent court ruling that went against the banks, who were ...

Are you clearing credit cards and debts through a debt management firm?
With more and more households and individual facing a real struggle when it comes to repaying their credit cards and debts, a huge number have been looking at ways to make their debts more manageable over recent years. For many this has involved going through a debt management agency in order to have their monthly ...

PPI success for Barclay's customers
Many customers of Barclay's Bank and Barclaycard will be celebrating this week after the High Street banking giant announced that it had decided to settle all PPI claims that had been filed before April 20^th without any questions. The bank made its surprise announced this week to the delight of those that have been waiting ...

Credit card rates continue to rise
For well over two years the base interest rate in the UK has stood at a record low of just 0.5 percent, which is the lowest it has ever been in the history of the Bank of England, spanning over three centuries. However, for the many people that thought their credit card interest rates may ...

Why credit cards offer so much flexibility
Over recent years we have started to become something of a cashless society, with a huge number of us who now carry around little more than small change by way of cash. One of the reasons for this is because we have become increasingly fond of plastic to make our purchases. Debit cards are used ...

Travel companies to stop using hidden card charges
The Office of Fair Trading has brought in new rules that will stop travel companies from charging hidden fees on cards when customers make bookings. There are many sites that require consumers to go through and complete a large number of pages before they get to the screen that shown them how much is going ...

Credit card use fell last year
Credit cards have provided consumers with convenience, ease and flexibility for many years, which has helped them to become hugely popular. However, they have also resulted in huge debt levels amongst those that have come to rely on their in the difficult financial market and those who find it difficult to control their spending. Credit ...

Consumers need to check interest rates on financial products
A recent report has highlighted the need for consumers to ensure that they check the interest rates that they are paying or receiving on their financial products. With the financial climate the way it is, and many people experiencing problems with their finances, it has become increasingly important for consumers to ensure that they are ...

Overstretched consumers turn to credit cards
It has been revealed in a recent report that many Brits are now so overstretched that they are having to turn to credit cards to make ends meet each month. Whilst many Brits may have been able to make their wages stretch far enough in the past it has now reached a point where living ...

Barclay's offers two year interest free balance transfer card
Competition amongst credit card providers has always been tough in the UK, with each provider trying to stay one step ahead of its rivals through the products and deals on offer to consumers. One of the most competitive areas of the credit card market is with regards to balance transfer credit cards, particularly in the ...

Brits raid savings to pay off credit cards
According to recent reports there are many borrowers in Britain who are now raiding their savings accounts in a bid to try and clear some of their credit card debt. Many struggling consumers are now so overstretched with their finances that they are having to dip into savings, often money that has been put aside ...

Some may start searching for Christmas cards soon
Whilst it is still the height of summer for most people, many of whom are enjoying the extended break with their kids during the school holidays, there are some people who will already be thinking ahead to the coming months and will be thinking about the up and coming Christmas period. Whilst it may seem a ...

Credit cards more popular amongst holidaymakers
With the holiday season almost over, as schools prepare to reopen again for autumn, many families in the UK will have been away on their holidays enjoying some well earned rest and quality time together. Many of those that have been away will also have used their credit cards to fund their holiday, not only ...

Overspending results in credit card spending for holidaymakers
For many holidaymakers from the UK it is important to set a budget when going on holiday in order to avoid a financial shock upon their return from holiday. However, despite setting a firm budget when heading out on their holidays there are many people who are overspending by a fair amount even when they ...

A quarter of credit card users cutting back on fuel spending
The sky high cost of petrol these days has left many drivers struggling to be able to fill up and get around in their vehicles. A recent survey of credit card users carried out by the motoring firm Populus has revealed that more than a quarter of drivers have now been forced to cut back ...

Airlines still charging card users a fortune
It has been reported recently that consumers in the UK who use their credit cards to book travel are still being hit with hefty charged and fees by companies such as airlines. It is claimed that more than £265,000 each day is spent collectively by holidaymakers in card surcharges to airlines even though the government ...

More controversy arises over Ryanair cards
No frills airline Ryanair has once again got the backs of consumers and campaigners up over its controversial administration charges, which are levied on card bookings that are made online but not included in the advertised cost of flights. Ryanair has become known for advertising low cost flights which look very appealing. However, as the ...

More people saving with 0 percent credit cards
Over recent years more and more people have become bogged down with credit card debt, with many having become reliant on their credit cards for all sorts of spending. For those that have a lot of credit card debt the amount of interest that they pay on their debts can be extortionate and can be ...

Time to look for the best cards for Christmas
When it comes to this time of the year many people start to look around for suitable Christmas cards – not, of course, the greetings cards that you give to people but credit cards with which to fund spending and pay for purchases over the busy, and costly, Christmas season. In the current financial climate ...

More people to start comparing cards
The search for competitive deals on credit cards is set to start again over the coming weeks, as a consumers start looking around for suitable credit cards for the Christmas and New Year period. With the continued difficult financial year that many have had there will be a lot of people who have not managed ...

Students need to focus on credit card repayments
There are many students these days who get hold of a credit card in order to fund their spending. Getting a credit card as a student can be beneficial as it means that students can enjoy greater flexibility and convenience regarding making payments for purchases, can build a rapport with a bank or lender for ...

20 percent fall in store card use
Whilst many consumers have become addicted to using store cards in the UK over recent years, it seems that more and more people are realizing that store cards can be a very expensive method of getting credit not to mention more restrictive than using other forms of credit. Whilst many industry experts have warned consumers ...

Brits continue paying down credit card debt
According to a recent report Brits are continuing to try and pay down their credit card debt, paying off more than they are borrowing in order to try and rid themselves of the burden of debt. With fears continuing to mount over finances, job security and the economy in general many consumers are focusing their ...

Experts give last chance warning for those looking for Christmas cards
Financial industry experts have said that now is the last chance for consumers who are looking for a low rate credit card to pay for their Christmas purchases, and is urging those that are planning to use credit cards to take action now before it is too late. With Christmas around the corner now, many ...

At what age should you invest in illness and life insurances and why?
Critical illness insurance and life insurance by their very definition are not things that we want to think about. Not only do they feel like an added expense and force us to consider our own mortality, but we must also think about how it would affect the lives’ of those around us if something were ...