As consumer confidence grows, research reveals UK credit card holders are set to rack up a bill of £86 billion Retail spend: With total retail spend[1] predicted to rise by 3.4% to £331 billion this year[2], credit card spending is set to account for more than a quarter of this (26%), the highest proportion since …
LONDON, December 19th, 2013. Research reveals a credit card extravaganza as 2.98 million of these consumers rack up a £300 million bill. The busiest high street shopping day this year is expected to be Saturday 21st December with 13 million panic stricken consumers set to spend a total of £1.31bn[1] or £1.8 million per minute. …
Read more13 million shoppers expected to hit the high street on Saturday 21st December
LONDON, December 12th, 2013. Consumers will have a ‘fan-plastic’ time as they are expected to carry out over nine million transactions worth £42. The big day: Friday 13th December is set to be the biggest credit card spending day of the year as consumers add £400 million to their credit card debts making 9.4 million …
Read moreMeltdown on Friday 13th with Credit Card spend set to peak at £400 million
LONDON, November 25th, 2013. In response to today’s announcement from the Government to introduce a new law to cap the cost of payday loans, Will Becker, CEO and co-founder of TotallyMoney.com comments: “At last, the Government is taking action against the damage payday lenders continue to inflict on large segments of the UK population. However, …
LONDON, November 6th, 2013. 15.7[1] million credit card holders lose out by not using cashback or reward cards for Christmas spending. 14.6 million credit card holders who already enjoy a reward or cashback card will earn up to £300 million on their Christmas shopping. This leaves 52% not earning a penny, a festive loss of …
Read moreLost credit card rewards total £323 million this Christmas
LONDON, October 28th, 2013. 25%[1] of credit card holders miss payments on long term[2] balance transfer cards and could be forced to pay 18% APR As Barclaycard unveils its 30 month Platinum balance transfer deal, the longest offer in the history of the credit card, new research from TotallyMoney.com, the credit comparison experts, reveals that …
Read moreOne in four credit card holders miss payments on balance transfer deals
LONDON, October 17th, 2013. American Express ‘Platinum Cashback Everyday’ credit card customers must spend over £4,250[1] a year or they won’t earn a penny. From the 1st March 2014, American Express ‘Platinum Cashback Everyday’ credit card customers will need to spend a minimum of £4,250 a year in order to qualify for a cashback payment. …
LONDON, September 25th, 2013 In the next month alone, these rejections could cost British consumers £1082 million in interest. Of those declined in the last year, 36% stuck with their existing deal to avoid risking another rejection, but 22% immediately went on to make another application with little consideration for the consequences. Almost one million3 …
Read more3.3 Million1 credit card customers trapped as applications are rejected
LONDON, August 28th, 2013. With just 2% of consumers switching credit cards, TotallyMoney.com is on a ‘market growth mission’ TotallyMoney.com, the credit comparison experts, today reveals the result of a major brand and business overhaul and announces its ambition to become the number one credit card intermediary in the UK. Following extensive consumer research, the …
THE FLUID credit card has launched its longest ever balance transfer credit card for new customers. The card now offers up to two years borrowing at 0% on balance transfers made within the first 60 days of account opening (with a handling fee of 2.89%) and has the added benefit of 0% interest on the …
Read moreFluid card announces its longest ever balance transfer
ONLINE personal finance brand Fluid has launched a new credit card. The new card offers a competitive 23 months 0% on balance transfers made within the first 60 days of account opening (with a handling fee of 2.89%) and has the added benefit of 0% interest on the first three months of purchases. Uniquely, the …
Read moreNew long-term balance transfer card lets people apply with confidence
MILLIONS of people searching for credit cards are thought to be needlessly damaging their credit score by making unsuccessful credit applications. These consumers are being financially disadvantaged just at a time when they most need to access credit or rebuild their credit score. Fluid, a new credit card tackles this issue using technology that puts the …
PERSONAL finance comparison site TotallyMoney today announced a new Barclaycard Initial card offer is now available exclusively through TotallyMoney. The new offer allows customers who are new to credit or are looking to rebuild their credit score, 0% on purchases for three months. This offer is exclusive to TotallyMoney and can only be applied for …
Read moreNew Barclaycard Initial 0% on purchases offer available exclusively through TotallyMoney