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AA Credit Card helps reduce fuel duty pain

3rd November 2010 Print

The issue of rising fuel prices is facing millions of UK motorists again following the 1p increase in fuel duty, which took effect from October, according to AA Financial Services.

There is also no Happy New Year on the horizon with the cost of a litre of unleaded petrol expected to rise by a further 2.5p with the VAT increase.

Mark Huggins, director of AA Financial Services commented, "The AA's figures show that the cost of fuel has risen by nearly 11p per litre over the past year, adding £23 to the monthly petrol bill of a two-car family, while the average cost of a comprehensive car insurance policy has risen by 39 per cent over the same period.  This is putting huge pressure on many household budgets at a time when many families are struggling to stretch their £ further."

The AA's Credit Card can help keep the cost of motoring in check, Huggins suggests. The card offers a market leading reward points scheme that can earn a return of up to 4% for AA members, when points earned on motoring or fuel spend against other AA products.  No other standard credit card offers this generous rate of return.

AA Reward Points can be redeemed on a wide range of goods, including AA products, high street shopping vouchers, wine, days out or cash back.

"Using the AA Credit Card for all fuel purchases helps to combat these increases in cost. In addition to the introductory 0% on purchases for 10 months (APR 16.9% typical rate variable), the card earns double points on the purchase of fuel, including that bought from supermarket filling stations while AA members earn points at twice the rate of non-members," Huggins points out.

"You could give yourself an early Christmas present by taking out an AA Credit Card and start earning points straight away."

The AA Credit Card can be applied for at theAA.com where there is a useful calculator that enables users to work out their points-earning potential.