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UK credit card news. Trends, new products and rate changes. Brought to you by the Moneyfactscompare.co.uk editorial team. Compare credit card rates and subscribe to our email newsletter for weekly updates.

Latest credit card news

Moneyfacts pick of the week

14th August 2025

The Moneyfacts Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.

This week's selection features a competitive one-year ISA from Vida Savings and a reduced two-year fixed mortgage from Santander.

Cost of credit card borrowing rises to record high

17th June 2025

Credit cards have become more expensive, but borrowers can avoid paying interest by taking advantage of longer interest-free credit card offers.

Tips for tackling the rising cost of living

1st May 2025

With many struggling with rising costs, are you doing enough to maximise your money? Read on to discover tips to help organise your finances.

With many struggling with rising costs, are you doing enough to maximise your money?

Number of interest-free credit card deals rises in March

27th March 2025

Customers now have more 0% interest credit card offers to choose from, as well as longer average terms. If you're looking to consolidate your finance this Spring, find out more.

Customers now have more 0% interest credit card offers to choose from, as well as longer average terms.

Credit card borrowing sees largest monthly increase in over a year

3rd March 2025

Total borrowing on credit cards rose by £0.7 billion between December and January, the largest monthly increase since November 2023. Read more on the latest trends.

Total borrowing on credit cards rose by £0.7 billion between December and January, the largest monthly increase since November 2023.

Best finance products and providers crowned in Moneyfactscompare.co.uk Awards 2025

6th February 2025

Hundreds of thousands of people took part in our consumer awards last year. After combining their feedback with our expert in-house analysis, discover the finance products and providers voted best in class at the Moneyfactscompare.co.uk Awards 2025:

Hundreds of thousands of people took part in our consumer survey last year – and the results are finally here!

More interest-free credit card offers to choose from this festive period

13th December 2024

Shoppers looking for ways to manage their Christmas costs now have more 0% credit cards to choose from, as well as longer interest-free periods. See more on these offers.

Shoppers looking for ways to manage their Christmas costs now have more 0% credit cards to choose from, as well as longer interest-free periods.

Debt risk as shoppers rush to bag a bargain this Black Friday

25th November 2024

As shoppers aim to snap up a bargain in the Black Friday sales, this could cost them more than they save if they don’t manage their debts effectively. See more here.

As shoppers aim to snap up a bargain in the Black Friday sales, this could end up costing them more than they save.

Choice of credit card and loan providers drop to record lows

23rd September 2024

The number of loan and credit card providers dropped during the third quarter of 2024, while average interest rates increased. See what this could mean for you.

The number of loan and credit card providers dropped during the third quarter of 2024, while average interest rates increased.

Top balance transfer offers worsen as terms shorten

30th August 2024

Meanwhile, the average credit card purchase APR has reached a record high. Find out more.

Meanwhile, the average credit card purchase APR has reached a record high.

American Express increases credit card bonus to £125

15th August 2024

American Express is now offering 5% cashback, up to £125, on its Amex Cashback Everyday Credit Card. Find out more about this offer and if it’s right for you.

American Express is now offering 5% cashback, up to £125, on its Amex Cashback Everyday Credit Card.

Should you use a credit card to buy stocks?

14th August 2024

The risks involved with using credit cards to invest are likely to outweigh the potential benefits.

Interest rates on credit cards rise to new high

25th June 2024

Credit card interest rates continued to rise in 2024 while the number of interest-free deals stalled. Find out what this means for borrowers.

Credit card interest rates continued to rise in 2024 while the number of interest-free deals stalled.

Average cost of borrowing on loans and credit cards edges higher

28th March 2024

The average APR on unsecured loans and credit cards rose in the first three months of 2024, while the number of lenders and card providers fell.

Best cashback credit cards for Christmas 2023

6th December 2023

Everyone knows Christmas can be an expensive time of year, with the cost of food, presents and socialising quickly amounting. If you’re looking to make your money stretch a little further this festive season and beyond, we list some of the top cashback credit cards currently available.

Earn up to £125 cashback with American Express; find a 0% introductory purchase rate from Santander.

Credit card 0% interest terms slashed

8th November 2023

Providers appear to be scaling back 0% interest deals on credit cards in the run-up to the festive spending season. If you are looking for a new 0% introductory purchase or balance transfer card, we have put together the best deals currently available and a run-down on the current movements in the market.

If you are looking for a new 0% introductory purchase or balance transfer card, we have put together a run-down of the best deals currently available.

Popular news from the archive

Balance transfer credit cards improve

15th March 2022

Balance transfer deals are looking more attractive than ever as 0% interest free periods get longer and fees hit a record low. According to the Moneyfacts UK Unsecured Lending Trends Treasury Report, which looks across the UK personal finance market, the average introductory interest-free period has passed the 600-day mark for the first time since 2018. The average interest-free term is now 602 days, up from 577 in December and 530 this time last year. Interest-free purchase card terms have also improved slightly over the last quarter, with the average interest-free period rising from 303 days in December to 307 days in March. This is a significant improvement from the average 284 days seen a year ago.

Balance transfer deals are looking more attractive than ever as 0% interest free periods get longer and fees hit a record low.

Cost to borrow on the rise for credit cards

20th September 2022

The average purchase APR reached a record high this month, according to the Moneyfacts UK Unsecured Lending Trends Treasury Report. Currently, this average APR stands at 29.6%, a rise from the 26.6% recorded in August.

The average purchase APR reached a record high this month, according to the Moneyfacts UK Unsecured Lending Trends Treasury Report.

Credit card deals shrink as Christmas costs rise

21st November 2017

The cost of Christmas is on the rise, and with less than five weeks to go, consumers are likely to be concerned about how much the festive season will dent their bank balance - and they may not even be able to rely on a credit card to cover the cost.

The cost of Christmas is on the rise, and with less than five weeks to go, consumers are likely to be concerned about how much the festive season will dent...

Should you use a credit card to buy stocks?

14th August 2024

The risks involved with using credit cards to invest are likely to outweigh the potential benefits.

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