Credit card companies are likely to be offering extra services to ensure customer loyalty as the industry goes through a difficult time, according to a representative of banking at Defaqto.
More than three million customers will undertake new year credit card switching worth at least £8.99 billion, according to research from Abbey Credit Cards.
With a large number of Britons still leaving their present-buying until the last minute, many are relying on credit cards to carry the weight of their Christmas spending, according to new research.
Credit card providers should give their customers a clearer illustration of how they will have to pay back their borrowings, a debt expert has claimed.
