Balance transfer credit card switches are expected to increase in the new year, with young Britons in particular gearing up for a big money switchover, according to reports. Research by Abbey bank has revealed that around £9 billion is to be switched by credit card holders this coming year, as more than three million British… Read more

British shoppers are surging to get back to the shops after the Christmas period, with millions hoping to take back gifts bought on credit cards. Research from Halifax credit cards has found that retailers will make more than 29 per cent more refunds on credit cards in December than in any other month, as shoppers… Read more

Credit card shoppers are expected to spend some £1.5 million per minute today as the Christmas Eve rush gets into full swing. Research from Sainsburys Bank has found that some £2.14 billion will be spent on Christmas Eve this year as people use the last remaining hours before Christmas Day to buy gifts and food.… Read more

Credit card users who take their cards overseas have some good news: charges on purchases abroad are set to be overhauled. The crackdown on credit card charges comes as MasterCard and Maestros fees were outlawed under European Commission competition rules yesterday. Such fees had been blamed on pushing up prices for Britons using their credit… Read more

The size of credit card bills is the biggest kept secret between co-habiting partners, according to one new survey. A poll by Engage Mutual found that more than one in five Britons who lived with or were married to their partner admitted keeping a financial secret from them, with 36 per cent of those claiming… Read more

With only six shopping days left until Christmas, many Britons are getting anxious about when they are going to buy their presents, but using a credit card is still seen as the easiest way to pay, according to experts. Sainsburys Bank has claimed that around 8.6 million people in the UK intend to put half… Read more

Although Christmas gift shoppers may not be spending as much as they used to with cash, credit card holders are splashing out more than ever, according to reports. And some shoppers are even leaving it to the last minute, with Research by Sainsburys has found that around 18 per cent of shopping on credit cards… Read more

British shoppers are being warned that over spending on credit cards can become a headache in the new year. Research from accountants Armstrong Watson has found that 37 million people in the UK will be breaking the bank over Christmas, with 58 per cent admitting they will max out their credit cards in the process.… Read more

Some mortgage lenders are “splitting the difference” of last weeks base rate increase from the Bank of England, passing some 0.15 per cent of the cut onto borrowers, according to reports. Data from mortgage broker John Charcol has revealed that some lenders are hiking their tracker margins up by as much as 0.1 per cent… Read more

Millions of people are planning to spend money overseas on credit cards, according to new research from the Post Office. As many as 2.4 million people in the UK are planning to use plastic abroad in the run up to Christmas, either on their holiday or in search of the perfect gift from overseas markets.… Read more