Credit card news, Oct - Dec 2008

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FSB calls for new year cap on credit card charges

31 December 2008

The Federation of Small Businesses is calling for a cap on credit card charges in the new year.

Credit card shifters get set for 2009

30 December 2008

Over £7 billion will be transferred between credit cards during the first three months of 2009, new research shows.

Consumers 'migrating' from debit cards to credit cards

30 December 2008

The trend away from credit to debit card spending it shifting into reverse, it has been claimed.

Consumers warned over card not present fraud

17 December 2008

Consumers are being urged to protect themselves against card not present fraud.

Regular credit card users 'missing out' on rewards

16 December 2008

Many consumers who use their credit cards regularly are missing out on rewards, it has been claimed.

Credit card firms agree fair principles

15 December 2008

A set of fair principles have been agreed by the UK's credit card providers.

New credit card launched by Saga

11 December 2008

Saga has launched a new credit card ahead of the festive season.

Millions struggling with credit card bills

10 December 2008

Millions of consumers are struggling to pay their credit card debts, according to new research.

Credit card providers 'make no move to cut rates'

09 December 2008

Credit card companies risk investigation by the OFT if they do not move to reduce their rates and improve their lending practices.

Online shoppers 'prefer using credit cards'

03 December 2008

Many consumers prefer to use their credit card when shopping online, new research shows.

Credit card companies to give customers more support

01 December 2008

Credit card firms have agreed to provide more support to borrowers struggling to pay off their debts.

One millionth contactless credit card issued by Barclaycard

28 November 2008

Barclaycard has issued its one millionth contactless credit card in the UK and announced that all newly issued Platinum cards will now include contactless technology.

uSwitch.com welcomes Whitehall summit on credit cards

27 November 2008

uSwitch.com has welcomed the Whitehall summit between credit card providers and business secretary Lord Mandelson, suggesting that such a meeting is long overdue.

Credit card customers urged to protect PINs

26 November 2008

Credit card holders are being urged to protect their PIN numbers in the run up to Christmas in order to avoid becoming a victim of fraud.

Credit card firms to share behavioural data

25 November 2008

Five UK credit card providers are to begin sharing information about the lending behaviour of their customers.

Store cards 'more costly' than credit cards

24 November 2008

Christmas shoppers are being warned that using store cards to pay for gifts and other festive goodies could cost them more than using credit cards.

Consumers warned over credit card cheques

20 November 2008

Consumers are being urged to avoid using credit card cheques as a quick fix solution when they do not have cash available and to use them as a last resort.

German firm to launch scented credit cards

19 November 2008

A German electronics manufacturer is to launch a new range of scented credit cards which will be available in various fragrances.

Cashback credit cards 'could boost festive spending power'

19 November 2008

Consumers could boost their spending power this Christmas by using a credit card that offers cashback and other rewards, it has been claimed.

Children using parents' credit cards to shop online

13 November 2008

One in five British children have secretly shopped online using their parents' credit cards, according to a new survey carried out on behalf of the life assistance firm CPP.