Credit Cards News

The Post Office has today launched a new credit card and loan product, combining low ongoing loan rates with an initial interest-free deal on purchases and balance transfers. "We wanted to give our customers all the benefits of a competitive credit card and, through the discounted fixed rate facility, offer them the flexibility of paying for larger purchases, at a market leading rate - something  ...

NEW YORK (MarketWatch) - Shares of credit card firm Capital One Financial Corp. slipped Friday morning after analysts at Wachovia Corp downgraded the stock, saying they are worried abut the company's deteriorating consumer credit quality and difficulties integrating its purchase of Hibernia Corp. var ShockMode = 0; var plugin = (navigator.mimeTypes && navigator.mimeTypes["application/x-shockw ...

This is Money30 September 2005 A MAN has sold everything he owns for £22,100 on eBay in a bid to clear his debts. HELPING HAND: EBay says its community is always developing new ways to make the most of the auction website WANT TO KNOW MORE? GUIDES: Auction websites CHAT: 'Buyer beware, eBay users' OTHER STORIES BA job cuts 'in the thousands' Pay rise for 1m workers Market report: Friday 14:00 RAC wheels out 200 jobs in India Sipps will 'hit first-time buyers'  ...

THE Post Office today launched a credit card with the flexibility to make larger purchases on a discounted fixed rate. Cardholders can transfer large purchases costing £500 to £2000 into a loan-like facility, offering a rate of 6.8 per cent.

Sean Poulter, Daily Mail30 September 2005 THE Post Office is taking on the big banks with the launch of what it calls Britain's first 'responsible' credit card. DOUBLE DEAL: The new 'two-in-one' Post Office credit card WANT TO KNOW MORE? DEAL FINDER: 0% credit cards OTHER STORIES Sipps will 'hit first-time buyers' RAC wheels out 200 jobs in India Market report: Friday preview Equitable payouts on the rise Public jobs boom hits the economy HAVE YOUR SAY 'iP ...

NEW YORK (Dow Jones) -- Four major merchant associations said Monday that they have filed an antitrust lawsuit against Visa, MasterCard and banks that issues credit cards in a growing battle over fees. The suit alleges that some banks and credit card companies are engaging in " collusive practices" by setting credit-card interchange fees at high levels. Interchange fees are the fees that banks  ...

NEW YORK (AFX) -- Four major merchant associations said Monday that they have filed an antitrust lawsuit against Visa, MasterCard and banks that issues credit cards in a growing battle over fees. The suit alleges that some banks and credit card companies are engaging in "collusive practices" by setting credit-card interchange fees at high levels. Interchange fees are the fees that banks charge re ...

NEW YORK (AFX) -- Four major merchant associations said Monday that they have filed an antitrust lawsuit against Visa, MasterCard and banks that issues credit cards in a growing battle over fees. The suit alleges that some banks and credit card companies are engaging in "collusive practices" by setting credit-card interchange fees at high levels. Interchange fees are the fees that banks charge re ...

NEW YORK (AFX) -- Mitch Goldstone of 30 Minute Photos, Etc., the lead plaintiff in a suit against Visa, MasterCard, and banks that issue the credit cards, said a suit filed Monday by four leading retailing groups will likley be combined with his suit fighting the rise of credit card transaction fees. A court hearing has been scheduled for Thursday to combine the suits, he said. The legal action co ...

By Jonathan Stempel NEW YORK (Reuters) - Four merchant groups have filed an antitrust lawsuit against Visa USA, MasterCard Inc. and dozens of major U.S. banks, saying they colluded to set excessive credit card fees. The plaintiffs estimate damages "will range in the tens of billions of dollars," according to the 59-page complaint, filed Friday with the U.S. District Court in Brooklyn, New York.  ...