Subscribe to Credit Cards News
Credit cards news
- Spending caps 'cut the cost of Christmas' - 22nd December, 2008
Prudent Minds - number 1 for savings accounts quotes
Many Brits will be imposing spending caps on themselves and their loved ones this year in an attempt to keep the costs of Christmas from spiralling out of control.
According to a survey conducted by Halifax, two-thirds of people in the UK have who have agreed a spending cap with family and friends, will spend under £25 on each present... - Credit card companies agree to act 'fairly' - 15th December, 2008
Prudent Minds – number 1 for balance transfer credit card quotes
Credit card companies have responded to the government's call to produce a statement of fair principles for the treatment of cash-strapped borrowers.
According to the Department for Business, Enterprise and Regulatory Reform (BERR), credit card companies have agreed not to increase interest rates for customers who have failed to meet their minimum payments for two months or more... - Consumers 'can negotiate credit card interest rates' - 12th December, 2008
Prudent Minds – number 1 for balance transfer credit card quotes
Consumers may be missing out on lower interest rates on balance transfer credit cards because they are unaware that Annual Percentage Rates (APRs) can be negotiable.
According to Fool.co.uk, a financial advice website, 27 million people in the UK could be paying higher interest rates than is necessary because three-quarters of Brits are unaware that it is possible to negotiate lower interest rates... - Weak pound 'makes travel to Europe expensive' - 12th December, 2008
Prudent Minds – number 1 for internet banking quotes
The weakened state of sterling means that travellers are getting much fewer euros for their pounds, which could make travel to Europe more expensive.
According to data compiled by FairFX, a currency exchange service, some travellers buying their currency at regional airports are particularly suffering because of weak exchange rates... - High street price cuts ease Christmas spending burden - 11th December, 2008
Prudent Minds – number 1 for credit card quotes
A high street bank has published a price survey which indicates that the real cost of Christmas shopping is falling on the high street, easing the festive financial burden for cash-strapped customers.
The study, conducted by Halifax, shows that many Christmas present favourites have dropped in price, with the cost of clothes falling by six per cent on average, toys and games by five per cent and CDs by three per cent... - Consumers expect interest rate rises - 1st December, 2008
Prudent Minds - number 1 for banking quotes
A survey released today reveals that UK shoppers are expecting interest rates to rise next year, despite widespread speculation that they could fall further.
The research, conducted by Lloyds TSB, found that last month's 1.5 per cent cut in the base rate has had little affect on consumers' expectations for next year's rates... - Credit crunch puts parents to work - 27th November, 2008
Research released today has shown that the credit crunch may be pushing as many as 4.4 million mothers into working to make ends meet....
- Mandelson 'warns credit card bosses to play fair' - 27th November, 2008
Prudent Minds - number 1 for credit card quotes
Business secretary Peter Mandelson has issued a warning to credit card companies that are seen as behaving unfairly towards cash-strapped customers, telling them to clean up their act.
Lord Mandelson, who met with the heads of credit card companies yesterday, said that those which were seen to be acting irresponsibly could face investigations by the Office of Fair Trading (OFT)... - Balance transfer deals disappearing - 6th November, 2008
Prudent Minds – number 1 for balance transfer credit cards
The number of balance transfer credit cards available on the market is shrinking, according to new research from MoneyExpert.com.
It claims borrowers planning to transfer their balances from one card to another are facing a "clampdown" on the range and length of offers... - Abbey launches new cashback credit card - 3rd November, 2008
Prudent Minds – number 1 for balance transfer credit cards
Abbey has launched a new credit card designed to help consumers cope with the rising cost of living by offering three per cent cashback on supermarket and petrol purchases.
Those looking for balance transfer credit cards may also be interested to learn that the new card offers zero per cent on balance transfers for nine months...