Nationwide wins credit card responsibility award
Nationwide has been given an award for its responsible credit card lending practices.
Nationwide Building Society has won an award for its responsible credit card lending campaign, it has emerged.The building society was given the prize for most responsible credit card lending practices at the Credit Card Awards in London in recognition of its Trust Us, Trust You campaign.
Nationwide said that the campaign serves to emphasise the shared responsibility between credit card providers and customers - the building society can be trusted to lend responsibly and customers can be trusted to borrow within their means.
Jeremy Wood, divisional director at Nationwide, said: "It has never been more important for card providers to demonstrate responsible lending practices and we believe our Trust Us, Trust You initiative clearly sets out our commitment."
Recently, a study conducted by moneysupermarket.com found that Nationwide is the most trusted high street banking brand when it comes to savings accounts.
© Copyright
Related Articles
- Moneysavingexpert.com reveals rise in balance transfer credit cards - 8th February, 2010
The number of interest-free balance transfer credit card deals has increased as more banks offer to clear debt at cheap rates, according to moneysavingexpert.com.
The website has listed seven cards with a 15-month or more zero per cent period, while there was only one such card available this time last year... - Balance transfer credit card deals signal economic recovery - 19th February, 2010
The re-emergence of interest-free balance transfer credit card deals is an indication that the UK is on the road to economic recovery, 24-7 press release reports.
Interest-free balance transfer deals enable banks and credit cardholders the opportunity to shift credit and debt... - Balance transfer credit card customers experience interest rate rises - 16th February, 2010
Balance transfer credit card holders have been told that interest rates on credit cards have reached the highest level since 1998, new research has stated.
According to moneyfacts.co.uk, balance transfer credit card providers have hiked rates due to unemployment and concerns over people's ability to repay debts... - Virgin Money's balance transfer credit card rated the best - 17th February, 2010
A leading personal finance expert has advised Britons that balance transfer credit cards can help borrowers to cut their interest and tackle their debts.
Money Mail's James Coney stated that the Virgin Money Mastercard, which offers 16 months interest-free at 2.98 per cent, is the best balance transfer credit card on the UK market... - Lovemoney.com advises borrowers to consider a balance transfer credit card - 24th February, 2010
Britons have been advised that taking out a zero per cent balance transfer credit card could be an effective method of tackling the problem of interest charges.
According to a new study by the money education charity Credit Action, interest charges make up an enormous percentage of many consumers' outgoings... - Lovemoney.com expert endorses the Barclaycard balance transfer credit card - 4th February, 2010
A personal finance expert has advised Britons to consider taking out the new balance transfer credit card from Barclays.
Jane Baker of lovemoney.com has insisted that the bank's zero per cent balance transfer credit card could help consumers to ease their debt burden... - Lovemoney.com identifies the 'best balance transfer credit card' - 26th February, 2010
Britons who are paying interest on outstanding credit card debt have been told it "makes sense" to move that debt onto a zero per cent balance transfer credit card.
Serena Cowdy of lovemoney.com stated that the Virgin Money credit card is the best on the UK market, provided consumers are aware of how to use the balance transfer card product... - Balance transfer credit card customers at risk from fraudsters - 12th February, 2010
Balance transfer credit card holders have been warned that fraudsters have found a way to exploit major flaws in the chip and pin system using stolen cards.
Researchers at Cambridge University have claimed that the fraudsters are placing a "wedge" into the terminal to convince it into believing that the correct security numbers have been entered into the system... - Lovemoney.com rates Barclaycard's new balance transfer credit card - 15th February, 2010
A personal finance expert has endorsed the new balance transfer credit card from Barclaycard.
As part of lovemoney.com's annual review of the best balance transfer credit cards and current accounts on the UK market, financial advisor Jane Baker praised the new Barclaycard product because of its "generous interest-free period on balance transfers"... - Millions of Britons are unable to secure balance transfer credit cards - 18th February, 2010
Banks have been urged to offer their products to millions of Britons who are presently unable to access loans, overdrafts and all types of credit cards, including balance transfer credit cards.
The plea has come from the Better Banking Campaign, a body comprised of charities and local groups, which has claimed that up to seven million people are unable to access some regular banking services...