Posts in the Credit Cards category

Credit Card Costs Rising

2008-11-11 12:03:33

The average credit card interest rate has risen from 17.2% to 17.6% during the same period as UK base rates fall from 5% to 3%.

Store cards are even more of a concern, as we see dome rates peaking at 25% over the last few weeks.

Diamond Encrusted Credit Cards: What Next?

2008-11-04 15:11:40

A credit card, encrusted with a 0.02 carat diamond and laced with gold, has been unveiled by a bank in Kazakhstan. It will cost £620 a year and has a personal manager, available 24 hours a day, and is quite simply called, the Diamond (not the personal manager, the actual card...).

The card will feature a picture of a wingeed horse for men, and a peacock for women and will be launched later this month. It has been reported to not be intended for people who are suffering from the credit crunch. No kidding!

Pay for Holidays on Your Credit Card

2008-09-28 15:12:56

Over the autumn/winter, one third of Brits are likely to be taking some sort of holiday, collectively spending £8bn. But, as we read in the news of airlines going bust left, right and centre, Abbey are recommending that people protect themselves and pay for their winter breaks on their credit cards.

This method offers immediate protection in case something goes wrong with the airline and can offer more financial security than other payment options.

Also bear in mind any charges that may be incurred by using the credit card abroad. Some cards don't incur these charges, and are well worth a look at.

Free Gadget Insurance with Barclaycard

2008-08-10 14:42:36

If you are looking for a new credit card, it may be worth taking a look at the Barclaycard Platinum card, which also offers 6 months gadget insurance if you apply before the 30 September 2008.

What you get:

  • £500 cover for gadgets & £500 cover for personal possessions
  • £350 mobile phone insurance & £2000 airtime abuse cover (£500 PAYG)
  • Claim up to 3 times per year
  • Items must be under 3 years old at the date of registration
  • £25 excess per claim
  • Theft from commercial vehicle, convertible or soft top is not covered

What you get with the card:

  • 0% interest on balance tranfers for 14 months from opening your account (2.9% handling fee)
  • 0% interest on purchases for 3 months from opening your account
  • 14.9% APR typical (variable)
  • Identity Protection Service
  • Fraud Protection
  • Purchase Delivery Protection
  • Online account management
  • Emergency cash advance and credit card replacement service