But is it a good idea?
On the surface the new Barclaycard ‘Breathe’ card looks fantastic for anyone that is environmentally concerned.

50% of profits donated to worldwide projects that help tackle climate change
Discounts and low interest rates on selected greener spend such as money off insulation and discounts on bicycles at Halfords.

The profits are already being used to […]

After reading a misleading advert regarding an M&S credit card offer, a UK consumer withdrew a number of Euros expecting to pay no interest until January 2008.
Turns out the offer was for ‘brand new customers only’ and their subsequent statement revealed £20 worth of interest.
Several calls and appeals later, M&S finally repaid the interest but not without […]

Could it be possible, that because there are a large number of websites advertising a particular product, they could affect how changes are made to that product?
For example, credit cards.
Some advertise 0% until May 200X…..
Some advertise 0% for 13 Months.
In order for the company advertising ‘May 200X’ to remain competitive, this needs to become ‘June 200X’ the […]

MBNA have now increased their credit card balance transfer fee to 3%. One of the last leaders in the credit card industry to reach the 3% mark.
Virgin still offer 13 months at 0% with a fee of 2.98% (not much of a saving!) but most of the long 0% offers are now charging around 3% for […]

Fraudsters have stolen over 45 million credit card numbers from a well known retailer’s database.
Hackers accessed the database of TJX (TKMaxx in the UK) several times over a period of 4 years and only stopped when suspicious software was discovered in December last year.
The company revealed details in January about suspected fraudulent activity accessing customer card […]

In a previous post I mentioned the possibility of being able to strengthen an individual credit score by transferring a credit card balance onto multiple cards. I.e. a £5,000 balance transferred across 5 cards by putting £1000 on each.
This may not be advisable in the UK.
The information I was originally working from was based in […]

Choose the possibility of 12 months less of repayments and hundreds of pounds less interest.
When considering the option of transferring a credit card balance onto another credit card to take advantage of a 0% offer or taking out a loan to consolidate the credit card debt it pays to sit down and do the maths.
Using […]

I recently read an interesting article on a US finance blog regarding how canceling credit cards may affect your credit rating.
To summarize, the article explained that if you are to cancel a credit card you should cancel the ones with the lowest credit limit.
The reason for this is what you are left with is cards […]

I recently wrote about the slow increase of credit card balance transfer fees.
http://www.ukmoneypot.co.uk/virgin-credit-card-balance-transfer-fee-rises-once-more.htm
In this post I mentioned that a number of card issuers now charged as much as 3% for balance transfers while most were still at around 2.5% and some even still at just 2%.
MBNA still advertise on their website a balance transfer fee […]

In a pervious post I mentioned how the Virgin credit card balance transfer fee had risen, in line with their new 13 months at 0% apr promotion, from 2% to 2.5%.
Once again that fee has risen and now stands at 2.98%, one of the higher balance transfer fees on the market. The highest of the […]