Credit Cards News

Tue 29th Nov 2005 The Post Office two-in-one credit card is offering customers a "responsible" way of borrowing money this festive season.An introductory rate of zero per cent annual percentage rate (APR) is available for the first six months for both purchases and balance transfers. After this period, a rate of 14.9 per cent typical APR is charged.The Post Office two-in-one credit card works dif ...

Sean Poulter, Daily Mail29 November 2005 BIG banks are squeezing millions of credit card customers by stealthily introducing rises in penalty charges and interest rates. WANT TO KNOW MORE? POLL: What do you pay off each month? POLL: How much do you pay off from your credit card each month? OTHER STORIES Watchdogs 'failing consumers' Pensions fears boost buy-to-let Market report: Tue ...

PALM BEACH GARDENS, Fla. (MarketWatch) -- The old faithful credit card -- despite our love-hate relationship with it -- may be your safest way to pay for gifts this holiday season. // document.write(''); MARKETWATCH PERSONAL FINANCE  IN INVESTING The short straw may be the winner in bond investments  IN MUTUAL FUNDS Shareholder underdog aims slingshot at fund industry & ...

Credit card interest rates are rising despite a drop in the underlying cost of borrowing in the UK. In August the Bank of England cut the UK's base rate by 0.25 per cent, but research from MoneyExpert.com shows that the average interest rate charged by credit card providers has risen 0.34 per cent. In October 2005 the average interest rate charged by Britain's credit card providers was 15.5 per  ...

NEW YORK (CNNMoney.com) - Bargain-hungry holiday shoppers eagerly charged up their credit and debit cards on Black Friday as total U.S. spending on Visa branded cards jumped 14 percent to $3.9 billion, the credit card company said Saturday. Visa said overall sales volume between Oct. 31 and Nov. 25 jumped to $82.7 billion, a 17 percent increase over the same period in 2004. "The str ...

Credit card cheques sent to people who have not requested them could be banned, the government has told the BBC. Consumer groups have long expressed concern about the cheques which are often sent to people by their credit card companies. There is usually a handling charge for their use and the amount spent is borrowed at a higher rate of interest than when making purchases using a card. A government consultation launched on Thursday did not discuss a ban, much to the disappointment of organis ...