Category: Credit Cards
What You Need To Know About Reloadable Prepaid Card
It looks like a credit card and spends like a debit card. But a reloadable prepaid card is in a class by itself. Sometimes called “prepaid debit cards,” or (less correctly) “prepaid credit cards,” reloadable prepaid cards are an exploding market. Consumers loaded $40.85 billion onto the cards in 2010 up 43 percent from the [...]
I lost £21,000 on a Bulgarian property fund
Financial journalist Edmund Tirbutt, who has been burned by the Bulgarian property market, on why you should stick to FSA-regulated schemes It felt satisfying to certify myself as a “sophisticated investor” to take advantage of what appeared an opportunity of a lifetime back in October 2005. After writing up a talk about Bulgarian property for [...]
The Boon of Credit Cards
WHILE queuing in a bank to deposit a cheque, a lady came up to me enquiring whether I had a credit card. She obviously was a bank staff and quickly explained that the credit card offered had a two-ear annual fee waiver if I signed up immediately. She was quite pushy and expected answers as [...]
Borrowing Expert – Boris Johnson’s Constant Borrowing Reaches It’s Limit
Boris Johnson loves to paint himself as a financially responsible politician, freezing his share of the council tax while driving down costs to avoid the sort of financial “black hole” he accuses his predecessor of leaving behind. Coalition austerity measures have allowed Boris to come out against cuts to London’s budgets without the wider media [...]
Halifax Accused Of Encouraging Credit Binge – Triggers Deeper Debt Crisis
The Halifax was accused of irresponsibility last night for encouraging hard-up families to go on a credit binge. The bank, which is 41 per cent owned by the taxpayer, has sent letters to its customers this week urging them to take out cash on their cards. It promises that it will take only one quick [...]
Co-operative bank goes in-store
As banks and building societies continue to close branches, the Co-op is bucking the trend James Blake has been a Co-op customer for more than 15 years. “I ask friends who they bank with and when they say Barclays or HSBC, I tell them that’s not the most ethical bank and they should switch,” he [...]
Is pet insurance worth it?
Paying to insure against vet’s bills can cost £28 a month for a dog and £13 for a cat. We look at what you get for your money In these straightened times is it barking mad to be shelling out £28 a month on pet insurance for your dog? Or what about almost £13 a [...]
Ryanair Airline Charges Passengers £6 For Newly Launched Pre-Payment Card
Ryanair was accused yesterday of being ‘unfair and insulting’ to passengers with its latest wheeze to squeeze cash out of them. The budget airline is charging passengers £6 for a special pre-payment card – without which they will have to pay a £6 each way ‘administration fee’ just to book their tickets. These hefty charges [...]
David Cameron to urge households to pay off debts
David Cameron will urge the country not to become paralysed by gloom and fear even though he will admit the depth of the debt crisis means the good times will be a long time coming. In a delicate balancing act, he will try in his closing speech to the Conservative party conference on Wednesday to [...]
Credit Cards – Brits Prefer Spending Money Than Saving It
British people appear to be far more ready to spend money than to save it, according to new figures. The latest research reveals that Brits spend twice as much time thinking about their credit card payments than their savings. The average British consumer spends up to £3,804 per year – or £317 every month – [...]
