Lloyds TSB attacked over credit card gambling
August 25, 2009
High Street bank, Lloyds TSB, has been attacked by debt charities and politicians over an issue relating to gambling on credit cards. The bank has been accused of encouraging its customers to gamble on their credit cards, thus encouraging both higher levels of debt and gambling addiction amongst its customers. The bank informed its customers by letter that they could use 50 percent of their credit as cash and use it on transactions ‘such as gambling’. Read more
Tags: Lloyds TSB, well-run businesses, debt, Credit Cards, Philip Hammond, high street bankNew Rewards Scheme To Be Launched By Barclaycard
August 10, 2009
The twelve million credit card customers of credit card giant Barclaycard could soon start enjoying the benefits of a newly launched rewards based scheme from the card provider. Barclaycard has announced that it is introducing a rewards based scheme that will allow its customers to enjoy discounts and benefits from thousands of retailers without having to go to the hassle of collecting points and vouchers. Read more
Tags: credit card, reward, barclaycard, balance, interest