Starling Bank to move from the 15% flat rate on overdraft fee for borrowing Under new changes, Starling Bank will charge customers varying rates of 15%, 25% and 35% depending on their credit score Other banks have also reviewed overdraft fees and are charging up to 39% Starling Bank has followed Monzo in raising overdraft […]
Category: Credit Cards
Monzo Hikes Overdraft Fees For Users With Low Credit Scores
Monzo to charge customers with low credit scores higher overdraft charges Monzo to drop the 50p daily fee charge and start billing them on sliding scale Banks such as HSBC have already instituted the changes in overdraft fees Digital bank Monzo has indicated that customers having a low credit score will be facing higher overdraft […]
Tymit Takes On Traditional Credit Cards
Tymit Installment plan features How to save with Tymit Credit card Tymit credit card charges Tymit is a one of a kind credit card for people looking to take control of spending patterns, let alone avoid hefty interest rates. The availability of multiple installment plans is one of the features that affirms the credit card […]
Tandem Bank Takes The 0.5% Cashback Credit Card Off The Market
Tandem is replacing its cashback credit card with a new premium membership credit card Tandem’s cashback credit card offered 0.5% cashback with no foreign transaction fees Premium membership credit card to charge an APR of 18.9% and a late payment fee of £12 Tandem Bank has indicated that it will not offer new customers its […]
Experian’s New Service Makes Credit Balance Transfer Easy
New credit tool helping consumers know whether they qualify for 0% interest credit balance transfer Consumers will no longer wait until they finish the application to know whether they qualify for full transfer of credit debt Vanquis to be the first to approve requests of consumers using the Experian credit comparison service It seems the […]
Staying Fit Gives You 3% Cashback With New Vitality-Amex Credit Card
Vitality and Amex partner to launch Vitality Amex cashback credit card Customers earn cashback on the credit card for exercising and could earn up to £335 annually To take advantage of the 3% cashback customers should hold health and life plans from Vitality American Express and Vitality have partnered to introduce a new cashback credit […]
Macy’s Hacked and Customer Credit Card Information Stolen
Hackers steal credit card information of Macy’s Customers Macy’s indicates it has completed an investigation on the breach and it will offer free credit monitoring for customers for a whole year The proliferation of credit card attacks a concern especially this holiday season Macy’s has experienced a data breach involving several credit cards for the […]
UK’s Credit Rating Could Drop Amid The Brexit Fiasco
Credit rating agency Moody’s say UK rating could be downgraded amid the ongoing Brexit gridlock Anticipated general election and divisions hindering policymaking Major political parties promise to capitalize on low rates to ramp up borrowing According to rating agency Moody’s, there is a possibility of downgrading the UK credit rating. The agency lowered its economic […]
Apple Credit Card Accused Of Sexism In Approving Credit Limits
Apple credit card accused of offering women lower credit limit despite having better scores than their spouses Goldman Sachs, the issuer of the Apple credit card, indicates that several factors are considered to approve a limit New York State Department of Financial Services initiates a probe on allegations of Apple Card discriminating against women The […]
Norwegian Air Reward Credit Card Launch
Norwegian Air partners with Synchrony and MasterCard to launch its first-ever rewards credit card in the US New rewards credit card offers a signup bonus of $100 Norwegian CashPoints Norwegian looking to tap on the massive potential of its 1.4 million members in the US Norwegian Air’s low-cost carrier has launched a co-branded credit card […]