The latest figures from UK Finance (formerly the British Bankers Association) show that total UK credit card balances stood at £64.3 billion as at June 2017. That’s an increase of £1.12 billion in the last month and more than £2 billion in the last quarter. Read More
A credit card war has erupted in the last few days with four new cards offering 42 months or more interest free on balance transfers and that’s before 2017 has even kicked off. Barclaycard, nuba and Sainsbury’s Bank have all entered the fray and launched Read More
Longest 0% balance transfer term in 2006 was 12 months Longest 0% term up from 26 months to 40 months in last 3 years Lenders margins being squeezed with £25.2 billion of card balances currently interest free Interest free balance transfers are saving consumers a Read More
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