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Credit Card Firms Will Focus on High Earners

A report published today has indicated that credit cards could soon be used by the well-off as status symbols.

The report is an annual analysis of the credit card market by accountancy firm PricewaterhouseCoopers (PwC). PricewaterhouseCoopers predict that annual fees will become much more common in the future. Interest rates are also predicted to rise. Wealthy customers will pay for their cards and in exchange receive benefits, such as, shopping discounts.

 

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How To Avoid Credit Card Late Fees

Do you want to avoid credit card late fees? Credit card late fees can become a burden on your bank balance very quickly. If you fail to take control you could find yourself slipping further and further into debt.

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Met Police Will Not Be Punished For Credit Card Abuse

credit cardMore than 1,000 Metropolitan police officers who misused corporate credit cards in the last two years will not been punished, according to a police watchdog.

Metropolitan police officers who misused corporate credit cards will not be punished according to a police watchdog. More than 1,000 police officers made purchases that broke spending rules by using the American Express cards for personal use.
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Credit Card Customers Charged Twice Because of Admin Error

Credit card customers face an anxious wait to find out if they have been charged twice for their chip and pin transactions.

The Bank of Scotland has now claimed that had resolved the computer error that had affected the system and anybody who had been charged twice would immediately have their charges reimbursed

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Linux Release Credit Card To Help Improve Community

Linux Foundation, the pioneers of open source software have announced plans to offer a corporate credit card. The innovation could be copied by companies throughout the UK in the future.

The not-for-profit consortium is dedicated to promoting the use of open-source operating systems for computers. The Linux Foundation releasing their own credit card will go towards helping improve the community. Currently the credit card is only being planned for release in the USA.

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