Are you looking for a cheaper overdraft or perhaps fed up that the last week or so of each month proves a struggle because you’re always up against your agreed borrowing limit? It’s at this time of the year that the overdraft facility from your 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
Andrew Hagger of Moneycomms looks at recent developments in the credit card rewards market. Over the last 18 months there have been many examples of credit card rewards or cashback deals being scrapped or watered down following the revised interchange rules – a move which Read More
Andrew Hagger of Moneycomms.co.uk comments on the latest moves in the credit card market. Virgin Money were first to launch a 40 month 0% balance transfer credit card last August, however today it has pushed the boundaries to a record 41 months interest free, but the offer 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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