Credit Cards News

Michael Clarke, This is Money14 January 2006 TESCO Personal Finance is considering plans to actively reject credit card applicants that have a history of switching their balance to take advantage of 0% interest offers, signalling the demise of the rate tart. Tesco, which has entered the financial services market selling products at its tills, is considering rejecting serial credit card switchers WANT TO KNOW MORE? DEAL FINDER: Compare credit cards CHAT: Discuss the best card ...

After the recent controversy surrounding payment protection insurance, anyone about to take out a mortgage, loan or credit card, might feel inclined to risk illness or redundancy rather than pay over the odds for this cover. // PPI has come under intense scrutiny from regulators after a complaint that lenders were using hard-hitting sales tactics and often signing up people who would be ineligible to make an insurance claim. But criticism has mainly been directed at the high street lenders. If ...

The number of credit card providers offering cash-back on purchases is dropping. With a cash-back credit card deal, card holders are given back a percentage of what they spend on the card as a tax-free bonus. But the number of firms, and the amount returned by credit card providers, is dropping fast. "It is now becoming increasingly difficult for customers to find a card which offers them the k ...

NEW YORK (MarketWatch) -- Capital One may not deliver all the bad news it promised with upcoming earnings, after the credit card giant steered Wall Street lower on the impact of increased bankruptcy filings and Hurricane Katrina. EARNINGSWATCH Modest earnings seen for Southern banks Capital One earnings to face hurricanes, bankruptcies FTSE eases as U.K. interest rates held at 4 ...

NEW YORK (MarketWatch) -- Capital One may not deliver all the bad news it promised with upcoming earnings, after the credit card giant steered Wall Street lower on the impact of increased bankruptcy filings and Hurricane Katrina. EARNINGSWATCH Capital One Financial earnings on tap J.P. Morgan, Citigroup to benefit from invesment banking Williams-Sonoma to shutter Hold Everything ...

Wed 11th Jan 2006 A new breed of smart shoppers has been identified by American Express Nectar Credit Card.Research carried out by the company singles out money-saving (Monsa) shoppers as those who are hitting the high street looking for smart January bargains.Techniques used by Monsa shoppers include only buying a sales item if they need it and doing their high street research before joi ...

Michael Clarke, This is Money11 January 2006 A METHODIST Minister has accused credit card company MBNA of plaguing him with nuisance telephone calls about his credit limit, even though he has an agreed payment plan with them. WANT TO KNOW MORE? DEAL FINDER: Compare credit cards GUIDES: Clear your debts OTHER STORIES Nationwide pulls cashback card Time for the debt detox New on the  ...

Michael Clarke, This is Money9 January 2006 NATIONWIDE has dealt a further blow to cash reward credit card users by withdrawing its cashback card to new business. UNREWARDING: The withdrawal of the Nationwide Cash Reward card comes after several other benefit cards were pulled by companies WANT TO KNOW MORE? DEAL FINDER: Compare credit cards CHAT: 'No more cashback' GUIDES: Beat debt OTHER STORIES Credit card details found in a skip Time for the debt detox Creditable  ...

Asda is going to pay the £2 fee for rejected credit card applicants who want to check their credit rating. The supermarket will also supply an application form from the Experian credit agency and a brochure explaining its rating. Asda launched its credit card in 2004 with customers signing up either online or in store. The credit rating records bad debts and is the main tool for rejecting or accepting applicants for new cards. Among the events that contribute to a bad credit score are  ...

This is Money9 January 2006 BRIGHTON'S Grand Hotel has been forced to issue a grovelling apology after thousands of customers' credit card details were found dumped in a skip. WANT TO KNOW MORE? CHAT: Have you been an ID fraud victim? OTHER STORIES Time for the debt detox Dare you take the debt test? Creditable tips for New Year Beat the New Year debt blues New Year credit war kic ...