Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Credit card charges: Credit cards replacing gift cards?

An increasing number of people may experience credit card charges as people move away from gift vouchers and instead opt for prepaid credit cards.

Kevin Harrington, managing director at Global Prepaid Exchange, a company that provides services to the growing worldwide prepaid gift industry, claims that the sector is experiencing a "gradual move" towards prepaid credit cards.

He said: "There clearly is a trend towards cards rather than paper and there's a whole bunch of good reasons why that works for everyone. It's easier to sort out problems if a card gets damaged because it's easy to trace back.

"In the consumer market they are the perfect products for gifting."

According to research from Global Prepaid Exchange, 2011 is predicted to be the year when innovations in payment are set to affect us all.

It found that most people now think in terms of paying now, through cash, cheque or debit card, or later, via credit cards and loans.

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide