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  • Consumers rein in spending on balance transfer credit cards - 25th June, 2009

    Balance transfer credit card customers are being more frugal with their outgoings, according to new research by Tescocompare.com.
    Nearly 50 per cent of the 2,009 credit card customers surveyed said that they had cut down spending by an average of just under £100 because of the recession, saving a yearly total of over £1,100...

  • Avoid hidden fees when using credit cards abroad - 19th June, 2009

    A foreign exchange company has urged travellers to avoid using credit cards to make withdrawals from ATM machines abroad because hefty fees can often be applied.
    Caxton FX explained that, with the pound performing better than the euro at the moment, holidaymakers can increase their savings on the continent by avoiding using credit cards abroad...

  • Increase in leisure spending on balance transfer credit cards - 18th June, 2009

    New research has shown that people used their balance transfer credit cards to spend more on leisure time in the first quarter of 2009.
    Conducted by Virgin Money Credit Cards, the report revealed that spending on going out to bars, cinemas, theatres and restaurants increased by 25 per cent year-on-year between January and March...

  • Abbey offer tips for using credit cards abroad - 16th June, 2009

    Santander member Abbey has advised those looking to use credit cards abroad on holiday this year to avoid becoming the victim of foreign transaction charges.
    Research by the bank shows that four out of ten holidaymakers see their credit card as an "essential item" for travelling, but some providers may charge exchange fees for any transactions made on foreign soil...

  • New Abta guide for overseas credit card use - 8th June, 2009

    The Association of British Travel Agents (Abta) has released a guide to advise those thinking of using their credit card while on holiday in a foreign country this summer.
    Available to download from the UK Cards Association website, the leaflet shows how consumers can make savings by avoiding the charges that are applied to credit card transactions overseas...

  • Credit card providers 'increase charges' - 5th June, 2009

    The cost of using credit cards abroad and in the UK may be rising, according to a recent study by Moneyfacts.co.uk.
    Michelle Slade, an analyst for the website, said that the increase in the overall average cost of credit cards comes from providers upping interest rates, withdrawing competitive deals and launching new cards with higher APRs...

  • Barclaycard to increase contactless credit cards - 4th June, 2009

    Barclaycard has announced that it will be extending the rollout of its contactless credit card technology to more of its customers in the UK.
    The credit card provider will be handing out contactless enabled cards to Barclaycard Gold and Classic cardholders who renew their credit cards from this point on...

  • Abbey to rebrand as Santander - 28th May, 2009

    Abbey is to rebrand all its branches in the UK as Santander, the name of its parent company, it has emerged.
    The credit card provider, which offers deals aimed specifically at those using credit cards abroad, was purchased by the Spanish banking group Santander in 2004. It will change its name in the first half of next year...

  • Brits 'rely on using credit cards abroad' - 27th May, 2009

    Many Brits rely on using their credit cards abroad in emergency situations, according to a survey conducted by Abbey.
    The bank found that 69 per cent of people in the UK take a credit card away with them on holiday and 35 per cent of this group have found themselves having to rely on the card in an emergency situation...

  • Brits 'look for bargain breaks' - 26th May, 2009

    Research conducted by Tesco Personal Finance has revealed that Brits are determined to go on holiday, despite the ongoing recession.
    The study revealed that 25 million people will be taking a trip abroad this year. However, 34 per cent of those polled by Tesco also said they would endeavour to spend less on their holidays than last year...

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