Credit card spending hits record levels

Related Entries

• Older people likely to cut back on spending before younger consumers
It has been claimed that older people in the UK are more likely to curb their spending on things such as credit cards and current accounts than younger consumers. With many people struggling financially, and
• Card spending increases
New figures show that we spent a record amount of money on our cards over the Christmas period.The UK payments association Apacs says that plastic card spending reached £31 billion during December, representing 250 transactions
• Plastic card spending grows
The amount of money we spend on debit and credit cards has increased three-fold in the last ten years, reaching record levels.Figures from the UK payments association Apacs show that we spent a combined total
• Barclays Freedom credit card encourages frivolous spending
Barclay's Bank has run into trouble once again, following accusations that it is encouraging consumers to spend more than they can afford, thus adding to the already mounting debt levels in the UK. This is
• Average family could lose hundreds in holiday spending money
It has recently been claimed that the average family in the UK could lose hundreds of pounds worth of holiday spending money when they go away because of a combination of the weak pound and
• Store card customers to be penalised for being in credit
These days more and more people are wary of spending too much on credit, and this is why so many people have decided to cut back on spending on their credit and debit cards, which
• Annual fee imposed by Morgan Stanley
Customers using the Black cash back credit card with Morgan Stanley have been hit with a £20 annual fee. The Black credit card is offered to customers that have been turned down for the platinum
• Cash back cards set to become scarce
Over the years many consumers in the UK have taken advantage of cash back credit cards, and these are a type of reward credit card that enable consumers to earn a set level of cash