A new study indicates that many credit card customers may be failing to read the small print on their contracts. Research conducted by Nationwide found that 63 per cent of credit card customers do not... read more

Shoppers need to be aware of their rights this Christmas as they embark on a credit card spending splurge, it has been suggested. The Department for Business, Innovation and Skills' Know Your Consumer... read more

Over half of all consumers would be disappointed to find their credit card provider pays off their cheapest debt first, it has been reported. According to a new study conducted by Nationwide, 38 per cent... read more

Consumers seeking 0% credit cards this December should act quickly, it has been reported. According to Subprime Blogger, making a late application for the best credit card deals is not an option during... read more

A record amount will be spent on plastic cards during December, Barclays has predicted. According to the bank, £23 billion will be spent on debit cards during the month, while £17.8 billion of... read more

Consumers are not only seeking the best credit card deals, but also contactless payment options, it has been suggested. Amer Sajed, chief executive of Barclaycard UK, said consumer feedback highlights... read more

Almost a third of consumers have been a victim of fraud after seeing their credit card lost or stolen, according to new figures. Card protection service CPP reports that the average amount fraudulently... read more

More than three-quarters of all parents will spend more than they can afford on children this Christmas, it has been reported. According to research conducted by Egg, the average family will spend almost... read more

Consumers travelling abroad during the winter break should consider which credit cards are cheapest to use overseas, it has been claimed. Emma Roberts, director at Santander Cards, noted that with the... read more

Consumers who use the Saga Platinum credit card benefit from fair ordering of repayments, it has been reported. The firm says that, unlike many other cards, the most expensive debt is cleared first, once... read more

Consumers should keep a record of all communication they make with credit card companies, it has been claimed. According to industry commentator Daniel Indiviglio, individuals should take precautions when... read more

The Finance & Leasing Association FLA has warned people to keep on top of their spending during the busy festive period. It says that last year, consumers spent 11 per cent more on credit cards during... read more

British consumers are set to rein in their credit card spending this Christmas, according to a new study. Saga Platinum says adults are set to spend an average of £435 on presents, compared to £516... read more

Incidences of identity fraud increased by 12 per cent during 2009, credit card users have been warned. According to CreditExpert, there has been "a significant rise" in the number of fraudsters... read more

American Express is launching a new credit card, where reward points earned on spending can be redeemed for high street retail vouchers or gift cards. The Express Rewards Credit Card offers bonus points... read more

Ryanair passengers can avoid paying a debit and credit card booking fee by signing up for a MasterCard prepaid card, the carrier has announced. Spokesperson Stephen McNamara said that when the firm's Visa... read more

Accessing the best credit card offers may make little difference to consumers this Christmas if they are unable to keep their banking details safe from thieves. CIFAS - the UK's Fraud Prevention Service... read more

Consumers who have a successful track record of managing debt may be more likely to qualify for the best credit card deals than those with no debt at all. This is the claim of My Finances, which says responsible... read more

UK consumers repaid a record level of outstanding debt during October 2009, latest figures have indicated. According to the Bank of England, outstanding credit card, loan and overdraft debt fell by £579... read more

UK consumers will spend over £175 million on Visa cards today November 30th, the credit provider has claimed. On what the firm refers to as 'Mega Monday', it predicts that £122,330 will be... read more

Credit card customers need to exercise caution if they are using their plastic when shopping on the web, it has been claimed. According to internet security firm McAfee, there are a number of risks credit... read more

The Financial Services Authority needs to take steps to improve access to low interest credit card deals, it has been claimed. Writing for the Financial Times Adviser, Hal Austin, the publication's senior... read more

Credit card company Barclaycard has announced it is taking steps to support flood-hit Cumbrians in Cockermouth and Workington. The company said it appreciates that its customers are experiencing problems... read more

New research from Sainsbury's Finance shows that just 13 per cent of credit card providers offer cash back on spending. This is a dramatic reduction when compared with figures from 2005, which showed that... read more

The National Customer Satisfaction Index NCSI-UK dropped slightly for a second successive quarter, owing to a loss of confidence in the financial services index. Credit card services, retail banking... read more

A number of test cases are to be held this month, clearing up a variety of issues with the Consumer Credit Act CCA. The BBC reports how five days have been set aside at the High Court in Manchester to... read more

Santander Cards has been voted Best Cards Provider in the 2009 Personal Finance Awards. Now in their eleventh year, the awards aim to recognise achievements and celebrate new initiatives within the industry. Santander... read more

Credit card users should be aware of foreign usage charges, it has been claimed. According to Moneyfacts analyst Michelle Slade, such fees can be as high as 2.99 per cent for both purchases and cash transactions. She... read more

The need for consumers to seek the best credit card deals may be set to increase, following the findings of a recent study into UK charges. According to research conducted by PricewaterhouseCoopers PwC,... read more

Stability is the key to ensuring a good credit record, according to one industry expert. Writing for the Times, James Jones of credit reference agency Experian explained what is necessary for consumers... read more

Consumers seeking the best credit card deals this Christmas should exercise caution, it has been claimed. According to David Black of Defaqto, applying for every single deal – especially those which... read more

The UK Cards Association is again running its online safety campaign - Be Card Smart Online - helping to protect consumers against the risk of credit fraud. It claims that more than 32 million consumers... read more

Existing Nationwide customers are being offered the chance to win one of two VIP trips for two to the FIFA World Cup in South Africa. Credit card customers who make more than eight Nationwide Visa credit... read more

The popularity of debit and credit cards mean that small businesses must allow their customers to pay using them, it has been claimed. According to Merchant Accounts, many smaller enterprises such as restaurants,... read more

Innovation may be one way of improving the credit card business model, it has been claimed. According to PricewaterhouseCoopers' PwC Precious Plastic report, the industry is currently unsustainable,... read more

A rise in personal insolvency rates will be seen if fixed fees and higher annual percentage rates become a feature of credit provision, it has been claimed. David Rodgers, managing director of Debt Advice... read more

Households in Britain will spend an average of £5,000 over the coming year, simply paying off the interest on loans, it has been reported. According to the Precious Plastic report, published by professional... read more

Consumers who can only afford to make minimum monthly repayments on credit cards may have debt problems, it has been suggested. Writing for lovemoney.com, Rachel Ronson said these are set at "ridiculously... read more

It is now more difficult for consumers to run up huge plastic card debts unchecked, according to Credit Action. Chris Tapp, director of the money education charity, said it is harder now to get a credit... read more

Many consumers are still as reliant upon credit cards and borrowing money as they have been in the past, it has been claimed. Commenting after the Bank of England reported that lending to consumers increased... read more

New government regulations on credit cards could help reduce the number of people seeking debt advice, it has been suggested. According to a spokesperson for the Consumer Credit Counselling Service CCCS,... read more

The government has announced plans to tackle 'unfair' credit card practices and charges. According to the Department for Business Innovation and Skills, such charges could be outlawed under new proposals,... read more

Families wishing to take holidays during the October half-term break can avoid running up debts by using the Santander Zero credit card, it has been claimed. Commenting after the bank reported that the... read more

The Saga Group has offered free debt advice to consumers, urging them to switch credit cards in a bid to reduce their outgoings. According to the firm, if all credit card providers had acted to reflect... read more

Halifax has confirmed that it will continue to provide access to credit for both new and existing customers. The firm made the announcement after Natwest changed the way it administers credit cards, with... read more

A woman has been freed from an £8,000 credit card debt following a court ruling. MBNA had sought repayment from Lynne Thorius, although a judge decided this was unfair because of the way she had been... read more

The Financial Services Authority FSA is to take steps to protect consumers in the payment protection insurance PPI market. New steps are designed to ensure cusotmers are better treated when buying... read more

A credit card provider is promoting its online account management services as the UK braces itself for the possibility of postal strikes during October. Barclaycard is urging its customers to migrate to... read more

When you apply for any type of credit commitment be it a new credit card, a personal loan or a mortgage application, your bank needs to know what type of risk you are and they base this decision on your credit file, so its crucial you keep it as clean as possible... read more

The amount of money which Brits put on their credit cards has dropped to its lowest rate for two years, new figures have revealed. The quarterly statistical release Q2 2009 from the UK payments association... read more

The decline in the usage of cheques has continued, according to latest figures. A 13.7 per cent fall in the number of cheques cleared has been reported by the UK Payments Association, which has also witnessed... read more

An improvement in household wealth is likely to be seen in the coming months, but it will be a gradual process, one commentator has claimed. Chris Tapp, director of Credit Action said unemployment –... read more

A credit card pre-application checking service has been made launched by Barclaycard - the first of its kind in the UK. The online facility allows potential and existing customers to investigate whether... read more

New research has indicated that south-east London is the worst area in the UK for instances of credit card fraud. A study conducted by card screening firm The 3rd Man has revealed that consumers living... read more

NatWest and RBS have announced plans to significantly reduce the charges for customers who go overdrawn without agreement or exceed an agreed overdraft limit. Effective from October 1st, the cuts will... read more

The over-50s own more credit cards than any other age group, it has been reported. According to research conducted by Saga Platinum Credit Card, 49 per cent of survey respondents in the age category said... read more

UK credit and debit card customers may be leaving their accounts exposed by telling friends and family what their PIN numbers are, it has been reported. According to LV Home Insurance, one in five consumers... read more

Barclaycard has launched a new online account servicing system in a bid to make it simpler for credit card users to monitor and manage their account. mybarclaycard offers provides customers with greater... read more

American Express is to introduce a £20 annual fee for Platinum cashback credit cards which are left dormant, it has been reported. The change will be made for existing card holders from October 1st,... read more

A new study has highlighted the effects of the weather on consumer spending habits. Co-operative Bank Credit Cards compared transaction patterns across two consecutive weekends which experienced vastly... read more

Approximately two in five consumers who use their credit cards to make everyday purchases pay their balance off in full each month, it has been reported. Research conducted by Norwich and Peterborough... read more

Credit card providers are increasingly closing the door on customers who attempt to move their debt in a zero per cent balance transfer, it has been claimed. According to the Daily Mail, lenders are being... read more

Consumers travelling abroad should aim to use prepaid currency cards where possible, it has been suggested. Foreign exchange firm Caxton FX says individuals who use their debit cards while overseas are... read more

Consumers can benefit greatly by setting up a pension fund early in life and paying in small amounts on a monthly basis, it has been suggested. Keith Churchouse, the director at Churchouse Financial Planning,... read more

UK consumers should consider what they want most from a credit card before making their selection, it has been claimed. According to the Daily Mirror, a range of options exist including zero per cent interest... read more

Consumers will find it harder to find a credit card with a reward scheme as growing numbers of products have left the market, new research finds. A study by Sainsbury's Credit Cards found that 66.8 of... read more

A scheme set up by Barclaycard to provide early assistance for customers experiencing financial difficulty has been hailed as a success. Designed to spot customers who may be about to experience credit... read more

Credit card users should be alert to the possibility that changes may be made to the terms and conditions of their product, it has been claimed. Writing in the Daily Mail, James Coney said a number of... read more

A slight increase in consumer confidence was witnessed in July, according to Nationwide. The firm's Consumer Confidence Index recorded a slight increase of one point last month as overall sentiment remained... read more

British consumers increased the amount they donated to charitable organisations using their debit and credit cards last year, it has been reported. According to the UK Payments Administration, a total... read more

Brits on holiday need to exercise the same caution as they would at home when using their credit and debit cards, according to Which? Money. Research from life assistance company CPP found British holidaymakers... read more

New research has found that global credit card fraud would be cut if an international security standard was introduced. A spokesman for HSBC said that user-not-present fraud was a growing trend among criminal... read more

Credit card companies are set to be banned from sending out unsolicited cheques and raising customers' credit card limits without permission, according to a government white paper released today. The review... read more

Credit card companies are set to be banned from sending out unsolicited cheques and raising customers' credit card limits without permission, according to a government white paper released today. The review... read more

New figures show the UK personal debt at the end of May hit £1,459 billion, which demonstrates a slowdown in the last 12 months. Statistics collated by Credit Action show that total consumer credit... read more

Barclays has introduced new guidelines that have lowered the minimum repayment rate on its credit card products. Credit card holders will now be able to make repayments of £5, with the minimum repayment... read more

The consumer credit markets in shrinking so people could face less choice and reduced availability in future, a new report has found. The latest figures from the Finance and Leasing Association FLA show... read more

Young professional workers living in rented accommodation in and around cities are the most at risk of having their identities stolen, new figures suggest. Research from CreditExpert found that young singles... read more

Barclaycard has announced plans to launch a new credit card to be used for small purchases. In a move which could see the end of carrying around pockets full of change, the new contactless card can be... read more

A specialist police squad that tackles financial fraud has saved over £315 million in losses and recovered 335,000 cards and card numbers. The Dedicated Cheque and Plastic Crime Unit DCPCU has recovered... read more

Electronic payments are growing in popularity, with two-thirds of all retail purchases being paid for on plastic last year. The figures released today by Apacs, the UK payments association, reveal that... read more

A consumer watchdog has accused credit card companies of being "out of touch with reality" for continuing to put up interest rates over the past year. Which? Money found that 28 of the most widely... read more

Hackers are selling personal identities and bank details for "less than a can of cola", says an internet security firm. Increased demand for personal information such as email addresses, dates... read more

Credit card spending among women could rise as a direct result of PMS, it has been claimed. A report from Karen Pine at Hertfordshire University shows that impulse buys among women increase during what... read more

People going on holiday this spring face a heightened risk of having their credit cards stolen and cloned, financial group Equifax has pointed out. The firm said that more and more criminals are taking... read more

Credit card firms that do not charge customers extra for spending money abroad gain a competitive advantage, Saga revealed today. The firm said that data from customers shows that taking out a credit card... read more

The way in which Britons spend their monthly wage has been totally changed by the financial crisis. This is the main finding of new research from Abbey Credit Card - which showed that newly thrifty shoppers... read more

The government should help Britons currently struggling with credit card debts and introduce a mandatory positive order of payments. This is the view of Nationwide Building Society, a major credit card... read more

The government must intensify its crackdown on unscrupulous loans lenders and credit card providers, a consumer group has said. Which? pointed out that "immoral" firms which perform "toxic... read more

Financial discipline is key in the current recession, Fool.co.uk said today. According to the financial website, banks are currently cracking down on spendthrift customers - meaning that many will be forced... read more

Many consumers are wasting money on credit card interest, when they could be on a zero per cent deal instead. According to a new poll from Abbey, just 23 per cent of the nation's credit card debt is held... read more

Customer refusals from credit card firms will result in the economic downturn getting worse, a top analyst has said. Meredith Whitney, the expert who corectly predicted the looming troubles for Citigroup... read more

Saving rather than spending is being prioritised by credit crunch-hit UK consumers. The latest MoneyMood Survey from Legal & General L&G showed that around 75 per cent are not currently in the... read more

Customers could lose up to £50 if their new contactless card is stolen, it has been suggested. Barclays began to send out the "pay and wave" cards this week and is already facing concerns... read more

Credit card customers are facing an unprecedented wave of "phishing" attacks from fraudsters, Equifax has claimed. According to the credit reports firm, many people are being victimised by an... read more

A best buy table-topping new credit card has been launched by Abbey. The new Abbey Credit Card offers zero per cent on balance transfers for customers for 15 months. This is a longer period than any other... read more

A best buy table-topping new credit card has been launched by Abbey. The new Abbey Credit Card offers zero per cent on balance transfers for customers for 15 months. This is a longer period than any other... read more

Customers could lose up to £50 if their new contactless card is stolen, it has been suggested. Barclays began to send out the "pay and wave" cards this week and is already facing concerns... read more

Credit card customers are facing an unprecedented wave of "phishing" attacks from fraudsters, Equifax has claimed. According to the credit reports firm, many people are being victimised by an... read more

Credit card customers are facing an unprecedented wave of "phishing" attacks from fraudsters, Equifax has claimed. According to the credit reports firm, many people are being victimised by an... read more