Credit Card And Finance News

Abbey has announced that users of its credit cards will be able to make savings on household shopping.

Students may want to take advantage of the deal to lessen their food expenses when shopping for themselves for the first time.

From September 3rd until the end of January 2008, Abbey credit card customers will be able to claim five per cent cashback on the first £1,000 of purchases - from leading supermarkets - bought with an Abbey credit card.

Retailers involved in the offer include Sainsbury's, Tesco, Asda and several others.

Roger Lovering, managing director of Santander Cards Limited which is running the operation, said: "Our philosophy is all about offering real value for our customers.

"Supermarket cashback is the first example of that commitment. Once somebody becomes an Abbey credit card customer they can expect to see many more initiatives which offer similarly valuable benefits."

The Abbey credit card deal also offers zero per cent on balance transfers, zero per cent on purchases for three months and a low APR of 15.9 per cent.

Financial expert Rob Kenley said: "Abbey's £50 gift to its new and existing credit card holders should attract a flurry of applications.

"Almost all of us will be spending £1,000 at supermarkets between now and the end of January, so an extra £50 will come in very handy."

To read reviews and compare the latest credit card offers available click here.

Delicious

Digg

reddit

Facebook

StumbleUpon

Do students use credit cards wisely
On 04-Nov-2008 under Credit Cards
Students have always been perceived as a group that struggles to make ends meet, paying fees, rent and food without having regular incomes. It’s no surprise therefore that some students look far read more...

Financial advice for cash strapped graduates
On 09-Oct-2008 under Credit Cards
Graduates entering the full-time job market during the economic downturn need to learn to budget, according the Times Money.The publication has warned that graduates will be "carrying a huge amou read more...

40 credit cards offer 0% on transfers
On 18-Jun-2008 under Credit Cards
There are now 40 credit cards on the market that offer zero per cent balance transfers, new research suggests.Students who like to look for the best deals when choosing a credit card could be interest read more...