moneysupermarket.com: Abbey credit card with supermarket offer

Commenting on Abbey launching its own credit card with a market-leading supermarket offer, Robert Kenley, head of credit cards at moneysupermarket.com, said: "Abbey's £50 gift to its new and most existing credit card holders should attract a flurry of applications".

"Almost all of us will be spending £1000 at supermarkets up to the end of January, so the £50 reward for doing so will come in very handy.

"With Capital One offering four per cent cashback on all purchases for the slightly shorter period of three months, savvy spenders might use Abbey's card for supermarket spending and Capital One for everything else prior to Christmas.

"Abbey says this is the first of many credit card offers, so I look forward to seeing what it comes up with for the start of February."