Saga Platinum credit card bucks the trend with new lower APR

Saga Personal Finance has launched its latest Saga Platinum credit card proposition, enhancing many features of its market-leading card, including reducing its APR to just 11.9% for both new and existing customers when many other credit card companies are increasing their rates. The introductory 0% on purchases and balance transfers has also been extended for new customers to nine months.

When it comes to credit, over 50s are keen to ensure they are getting a card that suits their spending and they want to know they are being treated fairly. The new platinum card features continue to offer a great deal for customers who borrow on the card, as re-payments to the card are ordered fairly. This means that after interest and fees, the most expensive debt is cleared first, unlike most credit cards available in the UK.

The improved features give customers greater flexibility in managing their finances and planning their outgoings. The card also offers no foreign currency charges for transactions within Visa Europe², so over 50s can continue to be treated fairly when shopping overseas.

Andrew Goodsell, Chief Executive of Saga Group, commented: "It is more important than ever that people take a good look at their finances. We are playing our part as, unlike many other providers, we are significantly reducing the interest rate on our credit card. The new Saga Platinum credit card will help our customers to make their hard-earned money go further."