Credit Card Blog

The UK Payments Council’s latest figures show that spending on UK credit cards remaining steady in the year to October 2010. First the first time ever though, shoppers have paid for more goods on debit card than they have done with cash. £3 billion more worth of purchases were put on debit cards than was [...]

As is traditional at this time of year, the credit card providers are trying to dream up clever ways to persuade new customers to apply for credit cards. They also try to provide incentives for credit card users to switch from a rival provider to their own credit card account. Just one example of the [...]

Over half of the people in Britain are set to put Christmas on their credit cards this year according to the Consumer Intelligence website. A quarter of the people surveyed said they were lucky enough to be able to use their savings to pay for Christmas 2010 – but 3 per cent stated that they [...]

Sainsbury’s Finance have produced research showing that just over a fifth of Britain’s monthly expenditure (not including mortgage or rent) is paid for by credit card. The split between men and women was pretty much equal with men just edging the amount that was funded by plastic. Blokes put 22.6 per cent of spending on [...]

Which?, the magazine that compares products for consumers, has revealed its pick of the best (and worst) credit cards with rewards in the run up to Christmas. On the high street, the credit cards with rewards making the list for the right reasons were cards from BHS, The House of Fraser, Debenhams, Harvey Nichols, John [...]

Yesterday, (15 November 2010) saw Virgin Money extend the period of zero interest on balance transfers to their credit card by two months from 14 months to 16 months. An extra 60 days or so on a credit card balance transfer might not sound like a big deal but it can actually save you a [...]

We told you at the end of last month that Virgin Money had introduced ‘tap & go’ technology on all of their credit cards – and now MBNA have also announced that they are taking the contactless route with their credit cards too. By the end of next year, 5 million MBNA credit card customers [...]

UK credit card providers are starting to produce deals which might incentivise credit card users to put Christmas on plastic this year. With Christmas just 55 days away, credit card providers are tripping over each other to come up with the best and cheapest credit cards to entice the British consumer to shop with their [...]

Virgin Money have introduced ‘tap & go’ technology on all of their credit cards and it looks like the move towards contactless credit cards for low level purchases is now unstoppable. Other credit card providers have already started using contactless technology and now Virgin Media will replace two million credit cards with new tap & [...]

If you are about to apply for a student credit card then do yourself a favour and think of a highly unusual PIN to key in when you receive it. According to a recent survey, almost a fifth of debit and credit card users in the United Kingdom settle for their birthday as their PIN. [...]