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Millions to be compensated for mis-sold credit card protection 22 Aug 2013 | 07:49 pm
Seven million credit card customers could receive compensation worth a total of £1.3 billion over mis-sold protection policies, the Financial Conduct Authority has announced. CPP sold millions of ...
Credit card insurer CPP saved from collapse by banks 1 Aug 2013 | 04:59 pm
A company fined last year for mis-selling credit card protection on behalf of major banks has agreed a number of credit arrangements worth £36 million that will allow it to survive. CPP said th...
Barclaycard steers ahead with 28-month 0% balance transfer card 31 Jul 2013 | 04:21 pm
Credit card holders can now receive 0% on a balance transfer for a record 28 months after Barclaycard once again nudged ahead of the competition. The new 28-month 0% balance transfer Platinum card...
Barclaycard Platinum card customers face variable rate switch 11 Jul 2013 | 04:14 pm
Some Barclaycard customers could face rising bills after the credit card provider decided to move Platinum customers to variable rates from September 1st. Barclaycard announced that the credit car...
Card theft at ATMs on the rise 6 Jun 2013 | 02:21 pm
People are three times more at risk from criminals attempting to steal their cards and data at ATM machines than they were a year ago. According the Financial Fraud Action UK, there were 7,525 report...
What do Brits lose to the drainpipe? 4 Jun 2013 | 04:36 pm
Mercifully, Brits aren't known for losing children down the drain-pipe (and we're all thankful for a happy ending in Jinhua). But remarkably, it seems a third of us have lost something down the plugho...
Cash payments fall to new low 30 May 2013 | 02:12 pm
Cash payments now account for just over half of retail purchases, as use of cards and coupons continues to rise. According to the British Retail Consortium (BRC), which analysed 60% of all retail pay...
Barclaycard surpasses rivals with 27-month balance transfer card 28 May 2013 | 04:42 pm
The longest ever 0% balance transfer deal from Barclaycard could give new customers a whopping 27 months to pay off their existing debts without interest. Barclaycard's new 27-month Balance Transfer ...
Boost in credit card spending aids recovery 13 May 2013 | 02:51 pm
A spring bloom in credit card spending has revitalised consumer spending in April, figures show, suggesting that there may be signs of growth in the economy. Spending on debit and credit cards leapt ...
New rules ban excessive credit card surcharges 8 Apr 2013 | 04:02 pm
From this weekend, firms are no longer allowed to impose excessive surcharges for credit card payments. The travel and leisure industry has been identified as the main culprit for excessive surchargi...
