Credit card customers need to compare cards

A recent report has suggested that consumers in the UK may be spending a small fortune unnecessarily on credit cards simply because they are failing to make comparisons and are therefore often ending up with a raw deal on their credit cards.
The report shows that close to 70% of consumers that have applied for a […]

Credit card customers look for better rates

According to recent data from MoneyExpert.com millions of Brits have switched credit card providers in the past six months in order to try and find better rates of interest and cut back on their outgoings.
Experts state that this shows how hard consumers are trying to reduce their debts and outgoings, with customers trying to reduce […]

Brits juggling many credit cards

According to a recent report many Brits are juggling multiple credit cards and continuing to get themselves into debt despite the credit crunch and despite the financial woes that many households are facing due to higher energy, food, petrol, and mortgage costs.
Figures show that over three million Brits have five or more credit cards that […]

0% balance transfer credit card costs customer a fortune

A thirty nine year old credit card customer was outraged recently after being charged a small fortune on his 0% credit card because of a small oversight that meant he had paid £5 less than he was supposed to on his minimum monthly repayment.
This occurred because the minimum monthly amount that he needed to […]

UK watchdog to launch credit card website

The UK’s watchdog, the Office of Fair Trading has recently announced that it will be launching a credit card comparison website to help consumers to avoid the pitfalls of credit cards that use confusing financial jargon and end up costing the consumer more in interest and charges.
The watchdog has expressed concern over how consumers are […]

Credit card companies reduce spending for older customers and increase limits for younger ones

According to a recent report many credit card companies have been reducing the spending limits on cards for older customers that have become used to credit but have been increasing spending limits for younger customers who may still be getting to grips with responsible spending on and repayment of credit cards.
Recent research shows that around […]

Credit and debit card use sees decline of cheque

The increased use of credit cards and debit cards by consumers that want to conduct cashless transactions has resulted in a further decline in the use of the cheque.
At one time cheques were the main method of making cashless payments, hitting a peak of eleven million cheques a day being written in 1990.
However, this figure […]

0% extension from Sainsbury’s Finance

Customers that are thinking of applying for a Sainsbury’s 0% balance transfer credit card will now be able to enjoy a longer period of interest free credit, after the bank decided to extend the interest free period on its credit card from 10 months to 12 months.
Customers that transfer their balances onto the card can […]

More people are relying on credit cards

According to a recent report an increasing number of people in the UK are relying on their credit cards, with many depending on their cards in order to fund day to day living as well as for expensive or one off purchases.
In the past credit cards have provided flexibility, ease, and convenience for consumers, but […]

Fee free balance transfer cards available to those with excellent credit

According to a recent report there are a number of fee free 0% balance transfer cards now available on the market, with several credit card providers re-launching these fee free cards, which all but disappeared from the markets last year.
However, the only consumers that will be able to get their hands on these cards are […]

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