Got the post Christmas credit card blues?

Andrew Hagger, head of news and press at Moneyfacts.co.uk shows just how much consumers can save, not only on their credit card, but also on their energy and insurance bills whilst they’re at it.
“In the last couple of weeks thousands of people will have taken a sharp intake of breath when they realised the extent of their Christmas overspending as their latest credit card bills hit the doormat.

“It’s easy to get carried away in the run up to the festive period, but when reality hits home and you see the size of your January credit card bill, rather than doing nothing and paying a fortune in interest charges, why not see it as a kick up the backside to switch your credit card to a cheaper deal?

“Whilst you’re sitting in front of your PC saving money by switching your credit card, invest a bit more time and see where else you can save. So rather than just being a rate tart on your plastic, why not be an energy and insurance tart as well?

“If offered the possibility of improving your bank balance to the tune of a few hundred pounds for a couple of hours’ work, I’m sure most people jump at the chance, but it’s surprising how many can’t be bothered to switch from uncompetitive banking, insurance and utilities products.

Institutions rely on consumer apathy to boost their profits, so why not make 2008 the year to line your own pockets instead?”