0% Purchases
0% balance transfer and purchase deals at all time high
Anyone looking for a credit card is set to benefit from greater competition in the market with the length of promotional rates on balance transfers and purchases at an all time high, according to analysis by MoneySupermarket.com.
Act now to avoid VAT rise, says AA
Early Christmas sales at major retailers brought on by the freezing weather coupled with the VAT rise on 4 January makes the pre-New Year period the perfect time to buy, according to AA Financial Services.
Tesco Clubcard Credit Card increases 0% purchase offer
Tesco Clubcard Credit Card has introduced a new 0% offer on all purchases for 13 months for new customers. This is the longest introductory 0% purchase offer currently available in the UK credit card market. The credit card also offers an introductory rate of 0% on balance transfers for nine months (2.9% fee applies).
Virgin Money zeroes in on balance transfers and purchases
Virgin Money is further strengthening its market-leading credit card range with the launch of a card offering 0% for 12 months on card purchases and balance transfers (2.98% fee applies to balance transfers).
Brits use credit cards to fund day to day living
362 days in recession have left millions of people starting the new year reliant on credit for day-to-day living costs, according to the third annual Post Office Consumer Credit Report.
Last minute Christmas spending approaches £9.15 billion
This Christmas, it would appear that people intend to spend less on their festive shopping than they did last year. With only a week to go to Christmas, new research from Sainsbury’s Credit Cards indicates that the nation intends to spend some £9.15 billion during the last week before Christmas - £446.6 million less than the bank’s research identified this time last year.