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pWe continue our series of credit card reviews with a look at the RSPCA credit card./p pimg src=http://latestfinancialnews.info/wp-content/uploads/2009/09/98999.jpg /The RSPCA has been working for over 180 years to relieve the suffering of animals./p pIf you get an RSPCA credit, MBNA Europe who issue the card, will make a £20 payment to the RSPCA./p pAnd it doesn’t stop there, for every £100 you spend on the credit card, MBNA will donate 25p to the RSPCA./p pThrough these payments, the RSPCA has received over £1,000,000 over the last 5 years./p pYou can apply for an RSPCA credit card quickly and easily online./p pKey benefits of the National Trust credit card are:/p ul li0% on balance transfers for 12 months – 3% balance transfer handling fee/li li0% on money transfers from your credit card to your current account for 12 months – 4% handling fee/li li0% on card purchases for 3 months from the date the account is opened/li li15.9% APR typical (variable)/li liThere’s no annual fee/li liYou can use online banking and opt for paperless statements to help the environment/li liAccess to a free worldwide 24 hour UK based customer service helpline/li liYou won’t be liable for faudulent online on high street transaction as long as you advise as soon as you notice unusual transactions./li /ul pThere are some special deals available when you use your RSPCA credit card, for example currently you can get 15% of your RSPCA pet insurance if you pay using the card./p pWith the RSPCA doing so much to help animals supporting them through the use of the their credit card really does help the animals they rescue, for example/p ul li£3 can help towards the RSPCA animal rescues/li li£10 could help pay the costs of treating an abused animal/li li£25 could help to pay for a lovely new home for an abandoned kitten/li /ul pAs well as issuing the RSPCA credit card, MBNA also issues other charity credit cards, such as the National Trust and WWF as well as retail cards, such as the BT credit card. © MoneyHighStre Read full post…

There has been so much change in the credit card industry of late, it is no wonder we are beginning to see some major img src=http://latestfinancialnews.info/wp-content/uploads/2009/09/98000.jpg /changes in the way consumers think and act when it comes to credit cards. Even in just the last year, there has been much more attention being paid to personal finance topics and credit card questions. Consumers want to know that their financial present and future is being managed to the best of their abilities and in light of the recent crisis of the recession, people are ensuring now that they are never caught off guard again./p pOne of the main areas where there has been consumer change has been specifically with regard to managing credit cards. There are some really good indications that people are doing the right things in an effort to make credit cards work to the consumer benefit. Here are some of the green flags that Americans are getting more credit card savvy. Read full post…

pDespite the fact that a July employment report indicated that the recession was grinding to a halt, additional information suggested that the national economy still had some tough times ahead due in large part to restrictions on consume credit growth./p pAccording to the Federal Reserve, the total outstanding consumer debt had declined the fifth consecutive month as of June. It dropped at an annualized rate of 4.9% to a $2.5 trillion. Analysts at Bloomberg News have said that this latest series of declines is the longest since 1991./p pWith revolving debts like credit cards, the outstanding amounts dropped $917 billion, with a 6.8% annualized rate drop. Federal Reserve reports also show that non-revolving debt like car loans went down 3.8% to $1.58 trillion. Mortgages and other real estate based loans were not included in the report./p pThe drops in consumer debts are being balanced with the fact that sales are also down. Read full post…

pA new report shows that consumers are charging less to their credit cards and are paying down the balances on those cards. /p pThe Federal Reserve reported that revolving credit — like credit cards and student loans — fell at an annualized rate of 11 percent in April (“Fed: Credit Card, All Consumer Spending Declines,” CreditCards.com., June 5, 2009)./p pThis is the seventh straight month of declines in revolving credit since October 2008 and the longest pullback in credit on record since the Federal Reserve began reporting on it in 1968. /p p“The trend is certainly toward having less revolving consumer credit outstanding,” said Cynthia Ullrich, senior director at Fitch Ratings in New York. /p pConsumer credit, the credit that’s available to consumers for borrowing, dropped as well in April by $15.7 billion, or at an annual rate of 7.4 percent, making this decline the second largest in consumer credit in history, MarketWatch reports (“Consumer Debt Plunges by $15.7 Billion in April,” June 5, 2009). /p pThe Federal R Read full post…