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Consumers could face problems getting 0% card with capped fees

March 5, 2008

A recent report has suggested that credit card customers could face real problems finding a 0% balance transfer credit card that offers capped balance transfer fees, as fewer and fewer credit card providers are now offering this benefit.
Most 0% balance transfer cards charge a transfer fee of around 2-3% of the total amount being transferred, […]

Egg stands its ground following meeting over credit cards

March 4, 2008

Internet financial giant Egg is standing its ground over the credit card cancellation row despite concerns voiced by Labour MP, Nigel Griffiths, at a recent meeting with the Chief Executive of Egg, Ian Kerr.
Egg announced a few weeks ago that following a review of over two million credit card accounts around 161,000 customers would have […]

Credit card providers slash limits without customers’ knowledge

March 3, 2008

Credit card customers have been left seething over recent weeks, as the result of a crafty move made by a number of credit card providers in a bid to cull credit card limits.
A number of credit card firms have slashed the credit limit on customers’ cards to just £100 over their existing outstanding balance, and […]

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