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Credit Card and Industry News

Shown below is a list of the most recent Credit Card related news in the UK. Click on the More... link to read more.

13 Jan 2007 - After base rate increases, Banks increase their mortgage rates
Following the Bank Of England's rate increase by 0.25% on 11th January 2007, many of the major banks have already announced their mortgage rate increases. For example, First Direct (member of the HSBC ... [more..]

11 Jan 2007 - Bank of England Increases Interest Rates
In a very surprising move (and the third since August 2006), the Bank of England increased interest rates by 0.25% to 5.25%. The City was stunned by the increase which was expected in February or March ... [more..]

03 May 2006 - Avoid Problems Paying Abroad With Barclaycard
Barclaycard has launched a service for holidaymakers that it claims will reduce the chances of their card being declined on trips abroad. Customers who want to avoid problems are being urged to tell Barclaycard ... [more..]

20 Apr 2006 - Debit card retail spending outstrips cash spending for first time
Today APACS have released figures that show UK residents are now using their debit cards to pay for goods more often than paying with cash. Debit cards were first introduced nearly 20 years ago as an ... [more..]

19 Apr 2006 - Barclaycard offering chance to win 2006 world cup tickets
Barclaycard have teamed up with MasterCard to offer it customers a chance to win 2006 world cup tickets. Do you have a Barclaycard MasterCard? If you do every time use it between now and the 16 May 2006 ... [more..]

06 Apr 2006 - APACS response to the OFT announcement on default charges
Paul Smee, APACS Chief Executive, said: "The OFT has today given its interpretation of the law. It has based its conclusions on information from just eight card companies; the rest of the market and APACS ... [more..]

05 Apr 2006 - Get your free England football shirt thanks to MBNA
To celebrate the 2006 World Cup MBNA one of the UK’s largest credit card provider is going to give every customer who takes out an FA card a free England football shirt. This offer is available from 1st ... [more..]

14 Mar 2006 - Store Cards Criticised for High Interest Rates
There are over 11 million store-card customers in the UK, owing over £2.3 billion. Store-cards historically have a much higher interest rate than credt cards. Many store-card interest rates are over ... [more..]

09 Mar 2006 - Bank of England Maintains Interest Rates
In its regular monthly meeting, the Bank Of England decided to maintain the base rate at 4.5%. As the rate hasn't risen, this is very good news for all those on variable interest loans or mortgages. ... [more..]

06 Mar 2006 - American Express RED
American Express RED will be the first credit card targeted at "conscience consumers" who make decisions about brands based on their social, ethical and environmental values. Bono (from U2) and Bobby ... [more..]

 




 
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