UK Credit Card Articles

We have gathered together some articles related to finances and in particular credit cards. New articles will be added regularly so if you find this section useful please check back at a later date!

General Credit Card Articles

• Play Your Cards Right and You’ll Make Money
  Playing the credit card companies at their own game can make you money rather than land you in debt if you have a good credit rating, some spare time and a little self-discipline.
• Bank’s lack of communication on my credit cards
  I have recently had the displeasure of having a dispute with both my bank and UK credit card provider. Each month I clear my balance from my credit card on time to avoid late payment and interest charges to my account.
• Bad Customer Service! What Do You Think?
  Have you been stuck in a queue for hours waiting for someone to answer your telephone call? Have you suffered inflated charges for over draughts, credit cards etc? Most probably the answers to all of these questions are YES. A whopping 40% of customers..
• More credit cards than people in UK
  According to a recent, the UK is the only country in Europe where there are more credit cards than people
• Credit Card Clarity
  Clarity is all we ask for when we are dealing with credit card companies, but most don’t seem to know the meaning of the word or just choose to ignore it completely
• Credit Card ‘perks’ – what do they really mean - Nowadays UK credit card companies try to compete for our business by offering 0% balance transfers or low interest cards by enticing the debt ridden not to pay any interest on your debt, giving you a chance to reduce your debt burden.
• Getting the Most from your Credit Cards - In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York City. From that modest beginning, credit cards have become an indispensable part of modern life.
• Online Credit Card Use - Many of us know the pitfalls of using the credit card online. Fraudsters can easily hack your credit card number and put it to wrongful use like buying an item and using your credit card for its payment.
• Tackle Credit Card Game - You must have heard about credit card game where the credit card companies devise strategies to take as much money as possible from you.
• Advantages of Credit Cards
• Disadvantages of Credit Cards
• Credit Card Cash Advance Pitfalls - A credit card is a financial tool that provides you with convenient and instant cash in times of financial need. However, some facilities....
• Gain Better Value on your Credit Cards - Looking to gain better value for money on credit cards now is the time, as the issuers fight for a bigger market share for our plastic money. The time is right to draw comparisons on what’s on offer
• Credit Cards Overtake Cash - The value of payments on plastic topped those of notes and coins for the first time yesterday, heralding the advent of the cashless 'chip and pin' society.

Credit Card Fraud

• Online Credit Card Fraud
  With the introduction of chip & pin cards the amount of fraud happening in shops and restaurants etc. is set to fall, but with the increase of online shopping there is set to be an increase of non present credit card purchases and this means a higher probability of fraud in this area
• Initiative to prevent credit card fraud
  APACS, the Association for payment clearing services, is running an initiative named Card Watch that works in conjunction with crimestoppers, police, retailers and other organizations to prevent credit card fraud.
• Increase in Credit Card Fraud
  In this day and age when the credit card companies are making changes in the system that they use on their cards, to combat credit card fraud the U.K market has seen a 20% rise in credit card theft.
• Credit Card Fraud - UK Credit card fraud jumped by nearly twenty percent in the last year efforts to cut mail theft has failed. Losses from UK credit card providers total in excess of £500 million pound last year, up from a modest £400 million the previous year.

Credit History

• Are Credit Checks a Good Idea? - If you want to obtain a credit card or apply for a loan and are refused credit you want to know why, sending away for your credit file should be able to give you the information you need to find out why you were refused. Everybody wants to know how their credit rating is, but just how reliable are these credit reports and is the information given a good representation of your credit history.

Adverse Credit

• Advantages of prepaid credit cards - A new concept for credit card use in the UK is the prepaid credit card scheme, designed for those with a bad credit history or are unable to get credit. This artcile examines their advantages.
• Disadvantages of prepaid credit cards - Flip side of the advantages of prepaid credit cards. You didn't think that the concept was all good, now that would be expecting something free from the credit card companies, not likely!
• Credit Card Debt - Offerings of special deals and introductory offers can make it more attractive for you to consider getting numerous credit cards and the demands of today’s society make you want the luxuries of having a nice home and the latest trends and toys for your children.
• Credit Cards, Debt and Children - Do your children know the value of money? Our children may spend more on credit cards than we do today, so, what are we doing about it?

General Credit Card Articles

• Choose Your Christmas Credit Card Wisely
  In the coming weeks to Christmas all you will be thinking about is how you are going to fund your festive gifts and luxury food. Many people choose to use a credit card when paying for their presents and choosing the right credit card could help save you some money and make the cost of Christmas a little easier.