Credit Card And Related News For June 2006 -

Welcome to the latest news concerning UK credit cards and other related topics for the month of June 2006

• The UK Credit Card at Forty [30.06.06]
  Forty years ago tomorrow saw the launch of a little piece of plastic that would change the spending habits of millions of consumers in the UK. On June 29 1966 Europe’s first all-purpose credit card, Barclaycard, was launched in Britain.
• Get The Most Out Of Your Credit Card [29.06.06]
  Credit cards are like cars in the UK, almost everyone has one. Therefore, in order to get the most out of your credit card it is important to get the card that suits your needs.
• Interest-Free Credit Cards Disappearing [28.06.06]
  The UK credit card market now offers consumers just six credit cards that offer interest-free periods on initial purchases of more than ten months, according to research commissioned by Sainsbury’s bank.
• HBOS Launches High-Interest Current Account [27.06.06]
  HBOS, the group that owns Halifax and Bank of Scotland, today launched a current account paying 5% interest in a bid to entice customers away from the "big four" banks.
• Make The Most of Your Plastic Abroad [22.06.06]
  As millions of UK residents plan on heading to sunnier clime for their holidays this summer, UK credit card experts have offered tips on how best to use your plastic while on holiday overseas.
• Credit Card Thieves Target Business Conferences [20.06.06]
  Edinburgh is the latest UK city to be targeted by gangs who target conference venues in order to steal credit card, cash and wallets from business people attending seminars.
• UK Credit Card Companies Cut Charges [19.06.06]
  Several major credit card issuers, including Barclaycard, Halifax, HSBC, Lloyds TSB, MBNA and Nationwide, have announced that they will cut their charges, from £20 or more to £12.
• The End Of Balance Transfers? [15.06.06]
  It could be the beginning of the end for ‘rate tarts’ with the announcement from American Express that they will scrap balance transfers for new customers of their Amex Nectar credit card.
• Mums Prefer Primark To Prada [15.06.06]
  According to a survey by MINT Credit Cards, UK mums appear to be losing their desire for designer outfits.
• Chip and Pin Flaws puts Cards at Risk [09.06.06]
  It has been claimed that the much lauded chip and pin card scheme is putting millions of UK card holders details at risk as it is so seriously flawed.
• Flexi-rate Cardholders Repay More [09.06.06]
  Barclaycard have released figures that show that their Barclaycard Flexi-Rate customers pay off their balances quicker thus lowering the total amount of interest they pay as their balance have less time to accrue interest.
• Credit Card Providers Make Millions from Payment Allocation [07.06.06]
  UK credit card issuers are making an estimated £500m profit from allocating payments to a card holder’s cheapest debt, according to Nationwide Building Society.
• Banks to Reduce Credit Card Charges [01.06.06]
  Credit cardholders in the UK received some good news when three of the UK’s largest banks announced that they are to cut their credit card penalty charges.