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Archive for May, 2008

Bank Payments

May. 31st 2008

In recent news it was discovered the for credit card payments to be routed through the internet the payments would sit in limbo for a few days before posting. These bank payments that sit are electronic payments for such things as credit cards.

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American Express Blue Sky Card

May. 30th 2008

In the US the American Express Blue Sky Card has been on the market for several years, but it was not until this week that American Express decided to bring this card to the UK. The Blue Sky Card allows you to use the card for travel purchases as well as other purchases to get discounts on flights.

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Shifting Cards

May. 29th 2008

When you shift from credit card to credit card you are going to be looked at with a little suspicion and eventually you may find that a credit card company is going to be unwilling to let you have a card. When you shift from card to card you are known as a rate tart because you are trying to get the best of the balance transfers and interest rate options. You are concentrating on the rate only.

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Refusing Credit

May. 28th 2008

Credit card rejection rates have been reported at 18,000 per day. This is up from the last few years in which credit cards were given out with alacrity. The truth is with credit card companies you can expect more rejections to come. The companies have finally realised that easy credit is part of the problem with the recent credit crunch.

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Planning a Holiday?

May. 27th 2008

If you are planning a holiday there are a few things you might want to consider regarding your finances. On holiday it can be very easy to overspend with the currency exchange, debit and credit cards, and traveller’s cheques. Sure you already know how much the flight and hotel will cost. You might even know the transportation costs, but you shouldn’t forget to set aside a little money for other things. There are steps you can take to make sure you will have enough money for your trip without straining your monthly expenses while you are gone.

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MBNA Changes Credit Card Site

May. 26th 2008

MBNA is the largest credit card company in the UK right now. They have just created a new website that is directed towards businesses. This website is designed to make it easier for a business to compare cards and find the right product for them. They offer cards to self employed individuals as well as large businesses. The large businesses may even have more than 50 employees. They provide a business product that is tailored to the needs of these places so that the business gets the best out of their card.

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Holiday Premiums

May. 25th 2008

Parents who have been planning to take a trip abroad for the break may be seeing premiums of 80 percent. This information was released by Abbey Credit Cards to help make their customers and others aware of what could be instore for them. Parents who will stay within the UK boundaries can save a little money, but they will face inflation.

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Getting out of the Credit Card Trap

May. 23rd 2008

There are five ways to get out of the credit card trap. The first thing you can do is switch to a balance transfer deal that has zero percent interest for a certain period of time. You do want to find the longest transfer deal that is on the market at the moment. There have been about 3.5 million card applications rejected, but that doesn’t mean these deals are completely gone from the market.

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Credit Tarts

May. 22nd 2008

With the rejection of credit card applications increasing this year it may top the last two years, but there is more to worry about than just the increase in rejections. If you have been trying to get a card you may have found it is more difficult because you have been applying in the wrong way.

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Credit Card Usage on the Rise

May. 21st 2008

Credit cards have been used for many things, including supplementing income. With the recent issues going on with the market, many families have been increasing their usage on credit cards in the last few months. The reports and studies are corroborating this information. The customers are having to rely on the credit cards to meet their financial lives.

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