FICO UK Credit Card Market Report: November/December 2024
- 3 weeks 2 days ago
- Credit Cards
Spending, balances, payments, and cash usage on UK credit cards followed expected seasonal trends in November and December 2024, with spending and balances reaching the highest averages that global analytics software provider FICO has ever recorded. While missed payments fell in November and December, average balances rose on accounts where payments have been missed. Highlights
JetBlue and Barclays Launch Premier Credit Card Packed with Premium Travel Benefits
- 1 month 7 hours ago
- Credit Cards
JetBlue today announced the launch of the JetBlue Premier World Elite Mastercard® , issued by Barclays US Consumer Bank, designed to unlock incredible value for frequent travelers and everyday spenders. With elite benefits, such as complimentary lounge access, the Premier Card makes the JetBlue experience more rewarding than ever before.
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
- 1 month 1 week ago
- Credit Cards
Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.
JCB And Taiwan Rakuten Card Launch New JCB Panda Card
- 1 month 2 weeks ago
- Credit Cards
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, has announced the launch of the new JCB Panda Card in collaboration with Taiwan Rakuten Card. The new JCB Panda Card will be available starting January 15, 2025.
Managing Credit Cards at University
- 1 month 2 weeks ago
- Credit Cards
University life is often a time of significant personal growth and exploration, but for many students, it’s also a time of financial strain.
Tradition Capital Bank Partners With CorServ for Improved Credit Cards
- 1 month 3 weeks ago
- Credit Cards
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.
BNPL Saved Brits Half A Billion Pounds In Credit Card Interest Over A Decade—Klarna Marks 10 Years Of Savings
- 4 months 1 week ago
- Credit Cards
Klarna, the AI-powered global payments network and shopping assistant, has announced new data showing that, is celebrating its tenth year in the UK this week. Ten years ago, Klarna created the UK’s modern BNPL industry: short-term, interest-free installment credit. In a decade marked by rising credit card debt, Klarna's BNPL solution has helped consumers avoid nearly half a billion pounds in interest payments.
Pix to Surpass Credit Cards in Digital Commerce in Brazil by Next Year; EBANX Analyzes Outcomes
- 5 months 3 weeks ago
- Credit Cards
Brazil's instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX, a global technology company specializing in payment services for emerging markets.
NatWest and Visa Launch New Credit Card to Support and Reward UK Customers
- 6 months 1 week ago
- Credit Cards
NatWest Group has collaborated with Visa, a world leader in digital payments, to launch a new travel reward credit card, available now in the UK for NatWest customers. The card offers a range of features, including: · 1% back on eligible travel spending, including on planes, trains, car rental, ferries, buses, hotel accommodation, travel agents, cruises, campsites and more.
Show Me the Money! Cashback and Value Credit Cards Grow in Popularity as Financial Health of Cardholders Declines, J.D. Power Finds
- 6 months 2 weeks ago
- Credit Cards
The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows increasingly strained. According to the J.D. Power 2024 U.S. Credit Card Satisfaction Study,SM released today, only 46% of cardholders are now classified as financially healthy and 51% carry revolving debt on their cards.
Santander and Amazon Launch Their New Credit Card Amazon Visa in Germany Which Rewards Customers for Purchases at No Annual Fee
- 6 months 3 weeks ago
- Credit Cards
Amazon and Santander today announced a partnership to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does not require customers to open a new bank account. Amazon Visa enables customers to earn rewards while shopping on and off Amazon.de, which can be redeemed for purchases on Amazon.de.
Amazon and Barclays Launch New Co-Branded Credit Card That Gives Users Rewards on Everyday Spending
- 6 months 3 weeks ago
- Credit Cards
Amazon and Barclays, one of the UK’s largest credit card providers, announce a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending*, which can be redeemed for gift cards on Amazon.co.uk.
Reward Powers New NatWest Travel Reward Credit Card
- 6 months 3 weeks ago
- Credit Cards
Reward, global leader in customer engagement and commerce media, has expanded its partnership with NatWest to power its new Travel Reward Credit Card. This follows a longstanding partnership between the two brands, with Reward powering NatWest’s award-winning rewards programme MyRewards, helping deliver real value to Credit Card customers.
ixigo and AU Small Finance Bank Launch RuPay Variant of Their Co-Branded Travel Credit Card
- 7 months 3 weeks ago
- Credit Cards
ixigo, India's leading OTA for the next billion users, and AU Small Finance Bank, the largest Small Finance Bank of India, announced the launch of the RuPay variant for its premium co-branded ixigo-AU Small Finance Bank travel credit card, enabling UPI-based payments and rewards. This new offering is designed to bring enhanced benefits like greater convenience, wider reach, security and accessibility to modern travelers.
