Credit Cards News

LONDON (Reuters) - Spanish bank Santander is in talks to buy back the credit card operations of its British bank Abbey National, it said on Friday. Santander (SAN.MC: Quote, Profile, Research) said it was in negotiations with U.S. credit card operator MBNA Corp. (KRB.N: Quote, Profile, Research) to bring Abbey's card business in-house four years after it was outsourced to MBNA. Abbey sold the assets and the customer base for 289 million pounds in 2001, representing an 18 percent premium to t ...

LONDON (Reuters) - Spanish bank Santander (SAN.MC: Quote, Profile, Research) is in talks to buy back the credit card operations of its bank Abbey National, it said on Friday. Santander said it was in negotiations with U.S. credit card operator MBNA (KRB.N: Quote, Profile, Research) to bring Abbey's card business in-house four years after it was outsourced to MBNA. Abbey sold the assets and the customer base for 289 million pounds in 2001, representing an 18 percent premium to the net balance ...

LONDON (Reuters) - Spanish bank Santander (SAN.MC: Quote, Profile, Research) may buy back the credit card operations at its British bank Abbey National in a move that could cost 289 million pounds, the Financial Times reported on Friday. Santander may bring Abbey's card business in-house four years after it was outsourced to U.S. credit card operator MBNA Corp. (KRB.N: Quote, Profile, Research)  ...

Simon Lambert, This is Money28 December 2005 MINT has upped the battle for credit card customers by offering 0% credit for up to 16 months – but it comes with a catch. BUY NOW, PAY LATER: Credit card firms are expected to up the battle for custom in the New Year as canny consumers eat into their profits by switching debts WANT TO KNOW MORE? REPORT: Creditable tips for 2006 DEAL FINDER: What 0% transfer? DEAL FINDER: Best loan rates GUIDES: Getting out of debt OTHER S ...

Barclays and Lloyds TSB have put together the funding for CPP Group which the firm also plans to use to improve facilities at its York headquarters, leading to more jobs.CPP primarily works with banks and insurers to provide protection against credit card fraud as well as 'assistance products' such as travel insurance.The firm, which also specialises in mobile phone insurance and offers advice to  ...

This is Money23 December 2005 A woman whose husband killed himself after running up £130,000 of credit card debt has pleaded with seasonal shoppers not to overspend. TRAGEDY: Richard Cullen gassed himself because of worries about his debts WANT TO KNOW MORE? REPORT: Store card health warning GUIDES: Getting out of debt OTHER STORIES Health warning on store cards 2m still paying for last Xmas Return of the 12-month balance transfer Debt firms fear deluge It rea ...