tag:blogger.com,1999:blog-11979146876775930522011-11-05T09:44:46.299ZLatest news and views on UK Credit Cards.SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-1197914687677593052.post-78475918969475971322010-03-19T06:41:00.000Z2010-03-19T06:41:22.711Z

CompareTopCards.co.uk Virgin credit card which had the longest 0% balance transfer deal on the market (16 months) is no longer the best balance transfer deal. We are sad to report that Virgin Money reduced the length of this introductory balance transfer deal to 14 months from 16 months. So with this change it is no longer our top recommendation for 0% balance transfers. Now its place is taken

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-3850437416352119122010-03-11T12:21:00.000Z2010-03-11T12:21:30.765Z

CompareTopCards.co.uk  A question we often get from our users is how can they get a 0% interest credit card when they have poor credit history. Unfortunately the short answer is you can't. To be eligible for the 0% Balance Transfer cards you need to have good or excellent credit history. Depending on the amount of balance you have, you should research the options below: 1) If you have

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-49562130301409627792010-01-12T05:51:00.000Z2010-01-12T05:51:42.981Z

CompareTopCards.co.uk According to a recent poll by housing charity Shelter, its estimated that over 1 million borrowers in the United Kingdom are exchanging mortgage debt for plastic. Survey results published yesterday revealed 6% of respondents liable for rent or mortgage said they paid by credit card at some point in the last 12 months. This percentage if applied nationally it would mean

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-3711174542723376292009-10-06T23:36:00.010+01:002009-10-07T00:38:53.704+01:00

CompareTopCards.co.uk Two of the largest British Banks, RBS and HSBC, are trying to reduce risks of their credit card portfolio by restricting new credit card applications to only their current account customers. RBS made these changes on Oct. 1 .These changes also apply to their NatWest brand of credit cards. The bank, 70%-owned by the government, currently has seven million credit-card

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-59156671752716935232009-09-25T02:20:00.015+01:002009-09-25T03:36:14.058+01:00

CompareTopCards.co.ukAccording to Q2 2009 data release by APAC's, gross credit card lending to individuals during the second quarter of 2009 amounted to £30.7 billion and repayments were £30.0 billion. Gross lending was 6.3% lower and repayments were 5.2% lower than during the second quarter of 2008 when the figures were £32.8 billion and £31.6 billion respectively. This compares with 8.7% and

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-30824187878232833952009-08-14T19:11:00.018+01:002009-08-15T20:33:52.438+01:00

CompareTopCards.co.ukOne of the effects of the credit crisis has been there are fewer credit cards with rewards schemes, especially cash back and shopping rewards, available in the UK today than a year ago. Only 66.8% of credit cards offer rewards compared with 78.2% a year ago. Sainsbury's credit card's research based on analysis by Defaqto shows a 7% drop in number of credit cards with rewards

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-18578474740522263882009-07-21T06:42:00.009+01:002009-07-21T07:06:08.453+01:00

CompareTopCards.co.ukRecent credit card data published by BOE is showing signs that credit card lending may have hit the bottom in March. In May'09 net credit card lending by UK or the remaining balance showed a second consecutive month of increase for the first time since Sep'08. Net credit card lending increased 4% from £43.9B in March to £45.7B in May.This data may be the leading indicator

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-196141550010216802009-07-13T23:21:00.005+01:002009-07-14T00:33:01.119+01:00

CompareTopCards.co.ukEgg, the internet bank and part of Citi, announced it will be launching a new credit card tomorrow, (14 July) the Egg Money World Mastercard and will have an annual fee of £12. This move from Egg, comes after the Govt. last week released a white paper with proposals to ban unsolicited credit card cheques, increase of credit card spending limits without the borrowers consent,

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-25153164833552301862009-07-07T06:58:00.005+01:002009-07-07T16:28:10.836+01:00

CompareTopCards.co.ukBT announced today it has revamped its BT credit card rewards program. Now BT credit card users will have an opportunity to earn greater discounts on their credit card. Previously the annual rewards were capped at £75 in discounts on BT bill, now users will get unlimited discounts. The BT Credit card is unique in that it links directly to the card users home telephone and

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-21716842278039443292009-06-30T19:43:00.005+01:002009-06-30T20:17:57.944+01:00

CompareTopCards.co.ukRecently we were asked the question "Are there any credit cards that are easier to be accepted for?" The person asking the question had really bad credit rating and desperately needed a credit card to pay bills and buy food as he had just lost his job and his benefits were yet to be sorted out.We thought we would post our response here since quite a few of our users are in

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-59802043674779916042009-06-30T16:52:00.003+01:002009-06-30T17:41:11.980+01:00

CompareTopCards.co.ukThe UK government is expected to publish a white paper tomorrow outlining proposed new rules for the credit card industry. The Observer reports one of the proposed rules will outlaw unsolicited credit card cheques in the UK. The report cites that £500 credit card cheque can carry an additional £150 in charges if the repayment is staggered over the course of a year.The white

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-60023735252854433872009-06-26T17:26:00.004+01:002009-06-30T17:42:10.263+01:00

CompareTopCards.co.ukBarclaycard extended to some of its customers a lower minimum repayment - 1.5% Vs. the prior 2.25% of the remaining balance. This will give some of its customers additional flexibility in these tough economic times. A Barclaycard spokesman said: "We are doing this to help customers. This is an option we are giving to selected customers for them to be able to make a reduced

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-33535878524627064362009-06-19T01:47:00.010+01:002009-06-30T17:43:06.589+01:00

CompareTopCards.co.ukVirgin Money released data from its recently conducted study that showed some more signs of green shoots in the economy. Spending in bars, restaurants, cinemas and theatres increased to £20 million in Q1 2009 compared to Q1 2008. This was based on analysis of 2008 & 2009 spending on Virgin Money credit card, UK's fastest growing credit card with more than a million

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-24244939366616600842009-06-12T20:10:00.006+01:002009-06-12T20:40:52.316+01:00

CompareTopCards.co.ukA 10 people UK gang, 7 men and 3 women which included a DJ, was arrested for allegedly using hundreds of stolen or cloned British and American credit cards to download £469,000 worth of their own music from iTunes and amazon.comThe gang had 19 songs legitimately uploaded to iTunes and amazon music stores via a promotions company Tunecore -a respected organisation that artists

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-7068795764197286682009-06-05T09:36:00.008+01:002009-06-14T22:54:31.452+01:00

CompareTopCards.co.ukAverage credit card interest rate on purchases has crept up above 18% to 18.1% from 17.9% in May, according to financial information group Moneyfacts.co.uk. This has been caused by withdrawal of top deals and increase in rates on the new cards being offered. Most card providers have increased rates in the past 6 months even though BOE has lowered rates.This increase will have

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-11696469338554095042009-05-19T09:29:00.006+01:002009-06-06T18:18:46.257+01:00

CompareTopCards.co.ukIf you answered pub, credit card data analysis shows you are more likely to miss your credit card payments and possibly might have your interest rate increased. Last week, a New York times story What Does Your Credit-Card Company Know About You? showed how credit card companies are using psychology and behavior analytics to create profiles of customers to monitor risk of

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-17016058714204517262009-05-15T21:28:00.012+01:002009-06-06T18:20:26.622+01:00

CompareTopCards.co.ukAccording to data released by APACs today, the first quarter 2009 credit card lending dropped by 8.7% to £30.3 billion, when compared with Q1, 2008. Repayments dropped at a slightly lower rate, 7.9% to £29.6 billion. While credit card spending has dropped the use of plastic continues to increase as UK consumers made .9 billion plastic card purchases totaling £94.2 billion

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-16167739153663711892009-05-13T06:56:00.007+01:002009-06-06T18:21:01.591+01:00

CompareTopCards.co.ukFrom Q1 2008 to end of 2008, the average credit card interest rate increased from 10% to an all time high of 15.7% by end of the year, a 57% increase. During this time the BOE has cut rates from 5% to 0.5%. Despite the interest rate increase, British consumers are less likely to have credit card debt than they were before the credit crunch started. In Q1 2008, 63% of

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-52255511728395941922009-05-11T18:29:00.024+01:002009-08-25T16:46:45.007+01:00

CompareTopCards.co.ukAbbey relaunched its popular Zero credit card in time for the summer travel season. This credit card charges no fees for foreign exchange transactions (usually 2.75%) and cash advances, when other card companies are increasing them. So if you are planning on traveling overseas this summer this card could be a great option for you. The card also offers 0% on balance transfers

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0tag:blogger.com,1999:blog-1197914687677593052.post-25832466666878178042009-05-11T18:17:00.006+01:002009-06-18T17:02:21.609+01:00

CompareTopCards.co.ukWelcome to our site and our blog. We are launching our site to help you choose the best credit card. There are several sites that provide credit card comparison tables so you may ask why are we launching another site. We found most of the sites provide very basic information. While they provide you with information on rates , durations, specials etc they don't help you figure

SBhttp://www.blogger.com/profile/10342470706599762601noreply@blogger.com0