Credit Card And Related News For July, 2007
Welcome to the latest news concerning UK credit cards and other related topics for the month of July, 2007
- Some credit card companies reducing minimum repayment [31.07.07]
Recent reports have shown that some credit cards have decided to reduce their minimum repayment levels. However, this news has been met with criticism from some campaigners and industry experts, as it means that the credit card companies in question could be further contributing to the sky high debt levels
- Holidaymakers get their credit cards ready [30.07.07]
As the peak of the summer holiday season approaches millions of Brits are getting their cases packed and looking forward to some time away from the doom and gloom of the recent British weather. Amongst the essential items that many Brits will be taking with them – aside from the
- M&S Voted Best Credit Card - Again [26.07.07]
There are many different credit cards available to consumers in the UK these days, many offering a variety of benefits such as lower interest rates, interest free periods, loyalty points, cash back and more. Consumers in the UK can quickly and easily compare credit cards from the comfort of their
- Using Plastic Abroad Will Cost You [25.07.07]
Families travelling abroad for their holidays this summer are about to faced with extra charges on their plastic cards for the privilege of using cards to pay for anything from a restaurant meal to hiring a car or going to the local aqua park. In some cases banks are taking
- Your credit card could mean 30 years of debt [24.07.07]
According to reports from a popular price comparison website millions of consumers with credit cards in the UK could be facing around thirty years of being in debt, simply because they are only making the minimum repayment on their card. The research was carried out by uswitch.com and showed that
- Combination card to be launched in London [13.07.07]
Barclays has recently announced that a three in one card that combines an Oyster and credit card will be rolled out in London later this year, and the bank has set up a site to allow customers to pre-register for the card before it is launched. The card from Barclays,
- Consumers spend a fortune on plastic in the UK [11.07.07]
Consumers in the UK have always been a nation of plastic lovers, with millions of people enjoying the ease, convenience, and flexibility of spending on the plastic. Recent figures released from the Association of Payment Clearing Services (APACS) has revealed just how much consumers in the UK rely on their
- Barclaycard's Green Credit Card [09.07.07]
There have been some so-called ethical investment funds in recent years and financial products that are environmentally friendly are becoming more popular and Barclaycard has launched its own "Breathe" credit card. With this card, Barclaycard says it will donate half of all profits from the card to products which reduce
- Reporting Credit Card Fraud [06.07.07]
The Government has been accused of not taking credit card fraud seriously after a change in reporting rules in April. In addition, banks stand accused of hiding the extent of credit card fraud too. In April Victims of debit and credit card fraud were told not to bother reporting the
- Credit card launched by BT [05.07.07]
Telecommunications giant British Telecom has branched out by launching its own credit card, which is designed to give customers the chance to save money on the cost of their telephone bills and broadband through spending on the card. By spending on the credit card customers can make savings on the
- OFT introduces bill to clearly show credit card charges [04.07.07]
The Office of Fair Trading in the UK has introduced a new initiative that could make it much easier for consumers to find the best deals when it comes to credit cards. The Office of Fair Trading plans to work alongside both credit card companies and campaign groups in order
- Credit card fraud against Brits continues to grow [03.07.07]
There has been a great deal of concern over the levels of credit card fraud in the UK over the years, and many people have become victim to this growing form of financial fraud. However, recent figures suggest that credit card fraud against Brits is also growing abroad, where tourists
- How effective is credit card fraud reporting? [02.07.07]
Recent reports have indicated that credit card fraud reporting may not be as effective as hoped following changes that were made to the way in which card fraud has to now be reported by victims. The changes were made by the Home Office to the 2006 Fraud Act, which meant
- Number of fee free balance transfer cards falls [01.07.07]
According to recent research the number of credit cards that allow fee free balance transfers with a 0% interest free period has fallen, and this is thought to be the result of credit card companies trying to recoup lost revenue. 0% balance transfer credit cards offer a specified interest free