Compare Money Transfer News - January 2010
Customers urged to ignore loophole claims
(January 29, 2010)The Office of Fair Trading is asking credit card holders to ignore claims their debt can be written off using loopholes in the law.It follows a case at the High Court, which ruled lenders do not need to produce the original claim agreement if asked, just the correct information.The OFT have now issued draft guidance, [...]
Customers urged to ignore loophole claims
(January 29, 2010)The Office of Fair Trading is asking credit card holders to ignore claims their debt can be written off using loopholes in the law.It follows a case at the High Court, which ruled lenders do not need to produce the original claim agreement if asked, just the correct information.The OFT have now issued draft guidance, [...]
Holiday spending habits changing
(January 29, 2010)More than half of British people choose cash when paying for things on holiday. New research from Santander’s leading to concerns travellers are risking their safety while abroad, when they could be using a prepaid travel money card, or take advantage of special deals. Most Travel money cards don’t charge a transaction fee or ATM [...]
Do bank deals keep you loyal?
(January 28, 2010)Staying loyal could save you money as the big banks strive to become one stop shops, while fighting the growing threat of the supermarkets.It’s reported Santander and Halifax have joined the likes of Nationwide in the recent trend of trying to keep current account customers happy by offering special rates on other products.Nationwide offers its [...]
Do bank deals keep you loyal?
(January 28, 2010)Staying loyal could save you money as the big banks strive to become one stop shops, while fighting the growing threat of the supermarkets.It’s reported Santander and Halifax have joined the likes of Nationwide in the recent trend of trying to keep current account customers happy by offering special rates on other products.Nationwide offers its [...]
Using an emergency credit card
(January 27, 2010)You may use your credit card on a daily basis or you might be a person who just keeps it in case you need to use it in an emergency.If the latter is the case for you then one industry expert has outlined some words of advice about using an emergency credit card.In some cases, [...]
Hotspots for credit card fraud named
(January 27, 2010)The average credit card fraud victim loses more than £650.That’s according to the CPP’s annual card fraud study which claims that London is the worst place affected with incidences increasing by 10 per cent in the last year.This means that nearly four in ten Londoners have been affected by the crime, with Cardiff residents being [...]
Prepaid cards save travellers money on holiday
(January 26, 2010)Holiday makers could save ten per cent on the cost of their trip, if they switch to prepaid foreign currency cards.The Telegraph reports that the cards are safer to manage than traditional credit or debit cards abroad, with easy to understand charges if there are any.They work just like a debit card, but as you [...]
Barclaycard launches major reward scheme
(January 26, 2010)Barclaycard’s announced it’s launching a new rewards scheme for more than eight million cardholders.Barclaycard Freedom will enable cardholders to earn rewards in shops, restaurants and online retailers across the UK, without having to do anything to join.Customers will generally get 1 per cent of their transaction back in ‘Reward Money’ when they use their credit [...]
Barclaycard launches major reward scheme
(January 26, 2010)Barclaycard’s announced it’s launching a new rewards scheme for more than eight million cardholders.Barclaycard Freedom will enable cardholders to earn rewards in shops, restaurants and online retailers across the UK, without having to do anything to join.Customers will generally get 1 per cent of their transaction back in ‘Reward Money’ when they use their credit [...]