Credit card interest free periods may not be all they appear
Posted by Cashzilla in credit cards on 10. May, 2006 | 3 Comments
Those pesky credit card companies which are offering longer and longer interest free periods in order to attract new customers have started new methods to get back the money they lose due to rate tarts. Some months ago most of the card companies started introducing a transfer fee of aroung 2% payable on the amount [...]
It pays to query your credit card APR
Posted by Cashzilla in credit cards on 19. Apr, 2006 | No Comments
I received a letter a couple of days ago telling me that the APR on an old credit card which I still have but no longer use, was going to go up from an already high 17.9% up to a rediculous 24.9%. Given that it is easy to get a variety of cards with [...]
Praying for the death of credit card cheques
Posted by Cashzilla in credit cards on 03. Mar, 2006 | No Comments
You know what it is like, post arrives from the bank. You open it up thinking it’s a statement, or important info regarding the account, only to find it is a wad of un-asked-for credit card cheques. Straight in the shredder.
Two days later, post arrives from the bank. You open it up thinking it’s [...]
Credit checking part 1
Posted by Cashzilla in credit cards on 11. Aug, 2005 | 2 Comments
In my personal finance travels across the Web, including research for articles I write from time to time, I came across lots of financial expert sites emphasising the importance of monitoring your credit record.
I was a student for 6 years and have had 13 different addresses over the past 8 years. From time to time [...]
Rate tarts losing ability to cherry pick
Posted by Cashzilla in credit cards on 26. Jul, 2005 | No Comments
A “rate tart” is someone who switches from one zero per cent introductory credit card deal to another to avoid paying interest; however they may be set to become something of the past. Recently a number of the major credit card companies, including Egg, Barclays, the Royal Bank of Scotland and MBNA have introduced transfer [...]
Too quick to judge?
Posted by Cashzilla in credit cards on 06. Jun, 2005 | 1 Comment
Nessie and I were watching breakfast television this morning, specifically on a piece about Live 8. A group of students in Leeds were being interviewed as to whether they thought this concert would have an affect on the overall cause – to cancel third world debt. They indicated that they thought it probably [...]
