Top Story

22 million set for income tax cut

An estimated 22 million people saw their income taxes cut, Tuesday, as the beleaguered Brown Government sought to put closure on the row caused by the scrapping of the 10p tax band.

Basic rate taxpayers will get an extra £120 this year - the initiative aimed at compensating 5.3 million lower paid workers who suffered after the 10p rate was canned. The move will be financed by an additional £2.7 billion of Government borrowings.

Read More...

Credit Cards News

Moneyextra - A trusted force in online finance!

Moneyextra, the UK's longest-established personal finance website, is now under new management committed to building the online brand. The website is being backed with fresh investment and a renewed commitment to presenting a compelling online solution to site users.

Tune in with your Citi card

Use your Citi Platinum MasterCard - charging 17.9% APR (variable) - and you can earn iTunes music points with your everyday purchases. You can then use these points for iTunes music downloads - or even save for an iPod nano!

Debit cards retain popularity at retailers

Figures released by APACS, the UK payments association, show that the debit card retains its popularity at retailers, with spending rising by 11% last year.

More Miles with your credit card

MBNA and Miles & More have announced the introduction of a new credit card - the Miles & More American Express Credit Card from MBNA offering users the chance to earn Miles & More award miles, which can be redeemed for flight, upgrade and travel awards; and for a wide range of non travel related goods.

Barclaycard/IHG launch new credit card

Barclaycard and InterContinental Hotels Group (IHG) have announced the launch of the Priority Club Rewards Visa credit card.

Bank of England - Credit crunch overplayed?

In its latest Financial Stability Report, the Bank of England says the economic fallout from the credit crunch may not end up being as bad as originally feared.

Saga launches new credit card

Saga Personal Finance has officially launched the Saga Platinum Visa Card - payments on the card arranged (like some other cards) in such a way that after interest and fees, the most expensive debt is cleared first.

M&S offers 0%

M&S Money has confirmed it is offering 0% interest for 6 months on the M&S Credit Card for purchases and balance transfers - effective immediately.

New credit card defies crunch

From this Monday (28 April), consumers will be able to enjoy a return to the 'good old days' of credit cards when Abbey's new 'Zero' card become available across its branches. The new credit card offering does not charge a balance transfer fee and is interest-free for purchases and balance transfers for a period of six months. There is no cash advance fee and - good news for those intending to travel abroad this year - the card does not charge a foreign exchange fee either.