Credit Cards UK - Creditcards-gb
The latest news on Credit Cards in the UK. Updated daily

• Are you doing your bit for charity?
  In this day and age, more and more people have started to worry about the environment and the people around them. The amount of people giving to charity has increased over the past few years and it seems that more people than ever before are now interested in doing their bit for charity. However, many people simply do not know where to start and that is where charity credit cards come in.
• How to avoid credit card traps
  If you own a credit card or if you are looking for a credit card, then you will be fully aware that there are quite a few traps that you can often fall into. A shocking figure shows that 125 increases have occurred in rates and fees on credit cards in the past two months alone. Credit card companies have desperately been trying to get back money that they have lost after the ruling for lower late fees earlier on in the year.
• Why the new Bread card comes highly recommended
  There has been a lot of fuss regarding the new Bread Maestro card lately and so it is no surprise that once again it comes highly recommended. The new card is a prepaid card and whilst it looks exactly like a credit card, the main difference is that you cannot spend more than you have. Just like with a debit card, you spend only what you put onto the card. So just what is the point in that?
• Call for employees to be given time off to sort their finances
  In order to beat the debt crisis that has rocked the UK over recent years, many new measures have been introduced. A new scheme that has been launched by the company “Axa” is just one that is set to help out thousands of consumers.
• Are you living with the threat of debt this Christmas?
  Christmas is almost always a strain on your finances and with so many gifts, decorations and food to purchase it is not hard to see why! However it is an expense that not many people can actually afford and so they end up paying for it on their credit cards.
• Could PPI be costing more than interest?
  The Competition Commission has recently announced that your PPI on your credit card could actually be costing you more than your monthly interest in some cases.
  An investigation into Payment Protection Insurance by the Competition Commission has shown that potentially thousands of people may be wasting more of their money on the insurance than they are on the interest.
• Is your credit card provider guilty of inventing new charges?
  It is no secret that credit card companies having been losing out on money because of the cuts in late payment fees. The ruling earlier on in the year left credit card providers worrying about the huge losses they would face because of the new lower fees. Not able to charge more than £12, the potential losses were quite substantial, but now credit card companies are fighting back.
• Could now be the time to assess your credit card needs?
  Whilst the UK debt situation reaches an all time high, you may want to start asking yourself some tough questions regarding your credit card. Do you use it frequently? Do you save it for a rainy day? Do you rely too much upon the card?
• Balance transfer costs are slowly on the increase
  If you are thinking of transferring your balance over to a new credit card then you may want to think carefully about it. This is because whilst balance transfer deals were all the rage earlier on in the year, now creditors are starting to gradually introduce higher fees for the privilege.
• The US named as the top country for UK credit card fraud
  Not too long ago France was the country which was known to be the worst for UK credit card fraud. However now that buck seems to have been passed to the US where instances of UK credit card fraud have risen quite dramatically.
• Co-operative Bank makes a difference with new ethical credit card
  Credit cards have come a long way since they were first launched within the UK. These days you can get cash back cards, reward credit cards and even charity credit cards.
• Decision finally made regarding credit card protection abroad
  Over the last year there has been an argument going on between credit card companies and the Office of Fair Trading regarding card protection abroad. The battle has actually been going on for 12 years, but it has only been recently that the case has gone to court.
• HSBC customers are now better protected
  As more and more people use the internet these days to purchase various items, online fraud is one problem which has gradually built up. The figures that show the extent of the rise in online fraud are actually quite scary and that is why many consumers are now worried about what they are spending and where they are spending it.
• Credit card companies set to tell all about your transactions
  When your credit card statement comes through your door, do you actually understand it? Can you look at it and be confident that you know where the money has been spent and how the balance is getting paid off? For the majority of consumers they can’t and that is particularly worrying if you are in debt with your card.
• Have you been looking for the best credit card this Christmas?
  With Christmas fast approaching you may now be starting to think about the financial strain of it all. With presents, decorations and cards to purchase, as well as maybe a tree and outdoor lighting, the cost of it all could really soon start to mount up. That is when many people turn to their credit cards.
• Millions of people resort to paying their mortgage with their credit cards
  The news that more than a million people have had to resort to paying their mortgage or rent with their credit cards will unfortunately not come as a shock to many people. The housing shelter charity “Shelter” has recently conducted the survey that showed that millions of people are struggling
• How age seems to be playing a part in credit card borrowing
  When you look into the trend of credit card borrowing, you will soon notice that there is a big divide between the ages of consumers. You may be forgiven for thinking that the younger generation would be the biggest culprits for borrowing on their cards, but in fact it is the older generation who rely more upon their credit.
• Why banks are misleading judges in unfair credit card charges case
  The unfair banks charges case has been going on for a little while now. Millions of consumers have filed claims against their banks and credit card providers and thousands of pounds has been lost by the lenders because of it. However, recently the banks managed to put a stop to any future claims until 2008, a move which has enraged thousands of consumers.
• Credit card lending increases once again
  This September studies have shown that the amount of money being lent on UK credit cards increased by one hundred million pounds. The sudden increase in borrowing on credit cards is no doubt linked to the fact that there i