Credit Card Blog

After we posted yesterday about the Barclaycard Platinum credit card we noticed that there seems to be an increase in the number of credit cards offering double incentives to new customers.
We mentioned in that last blogpost about how an added bonus of the Barclaycard Platinum credit card was that it also included a sweetener with [...]

Barclaycard has extended the balance transfer period on their Barclaycard Platinum card to 16 months making it one of the lengthiest interest free periods in the credit card market.
The offer is only available to new Barclaycard Platinum credit card customers and there is a handling charge of 2.9 per cent on the balance of the [...]

New ‘Clear’ credit card customers of the Co-operative Bank could benefit from a reduced APR of 11.9% with a new special offer. To qualify applicants must already have, or be prepared to open, certain current accounts with the bank.
The move marks a one per cent decrease from the company’s traditional standard interest of 12.9% and [...]

Do you remember our recent blog post at the end of last month about the Post Office Credit Card waiving travel charges? Well, now the Post Office have released some figures on just how much cash Brits may be throwing away on foreign credit card transactions.
According to the Post Office Credit Card sample survey of [...]

Tesco, the supermarket giant, have upped the game with the launch of their new credit card.
The Tesco Clubcard Credit Card comes in at zero per cent interest on all purchases for 13 months and allows balance transfers – also at zero per cent interest for 9 months. Don’t forget to take into account the fact [...]

Anyone with a travel credit card from the Post Office will find holidays a little bit cheaper now. The Post Office is currently waiving the 2.5% fee that they usually charge for cash advances when you change your cash before you go.
On a typical two week holiday spends budget of £500 having a credit card [...]

If you have a student credit card or a normal debit card then you will probably have been sent one of those big calculator-type things for online shopping. If you are anything like me then you probably never know where it is. Did you hide it in the sock drawer? Is it under the bed?
If [...]

In the latest shake up of how credit card debt is repaid Virgin Money have said that from September their credit card customers will have repayments taken off debt at high interest rates before debt at lower interest rates.
By far the majority of credit card customers do not pay off the whole of their debt [...]

Students with credit cards can now feel safer using their plastic now that a four man gang of credit card hackers have been banged to rights at Southwark Crown Court
Theogones De Montford, a software engineering student, was yesterday sentenced to four and a half years in prison. Three of his accomplices were also jailed for [...]

Students are apparently more likely to pay off the balance of their credit cards than the general population, research has found.
According to UK payments association Apacs, 59 per cent of students between the ages of 16 and 24 always repay the full amount, compared to the 55 per cent national average.
http://www.apacs.org.uk/08_10_15.htm
Interesting!