Top > Business > 2006 > March > 2006-03-13

Credit Card Payment Alerts

Forgetting to pay your credit card bill, whether it is for your business or for your home, leads to paying hundreds of dollars annually in late fees. One UK card has discovered a solution for all their credit card users to help them save money and feel great about using a user friendly credit card. Barclaycard has launched a new text alert service to remind its 9 million UK customers that their monthly payment is due.

The service, which is provided free to all cardholders, will send a text payment reminder five working days before the monthly payment has to be made. To register, customers simply contact Barclaycard customer services with the number of the mobile phone they wish the message to go to. In addition to the new service, Barclaycard has also announced changes to customer statements which will be introduced this year.

New messages for customers who regularly only pay the minimum repayment, highlighting the advantages of repaying a higher amount each month.
New messages for customers regularly paying late which will offer to move the billing day to a date that better suits their monthly budget.
Warnings to customers about only ever paying the minimum repayment will be moved from the back of the statement to the front.