MyFinances.co.uk
News feeds Free newsletter

All the latest personal finance news - helping you make the most of your money

Credit card companies

Fuel deal could ease guilt for Abbey cardholders

Monday, 17 Nov 2008 11:58
Millions of people are using their cars to make journeys of less than one kilometre, a survey by Abbey Credit Cards has revealed.

On average 17 million people are undertaking the so-called guilt trips twice a week, while over 13 per cent of motorists do it over six times.

The credit card provider has unveiled the research just weeks after the launch of its latest credit which provides three per cent cash back on petrol.

And while Abbey said its new card could not help with the guilt motorists felt at the thought these journeys were increasing their carbon footprint, it could at least help their personal finances.

The research found 54 per cent of motorists felt guilty about making these trips because of the environmental or financial implications.

Two thirds said they had tried to cut down the number of car journeys they took in a bid to reduce household bills.

Callum Gibson, head of Abbey Credit Cards, said: "For some the 'guilt' in the guilt trips is to do with their carbon footprint, for others it's about the cost of making those trips.

"Abbey's new credit card has three per cent cash back on petrol, which can help with at least the second type of guilt."

More offers from this company ... 

Compare credit cards 

  • Search the wider UK credit card market with myfinances.co.uk to compare credit cards for the best deals on offer.

Disclaimer:
myfinances.co.uk is not authorised to give advice under the Financial Services and Markets Act 2000.

Terms:
By using this site, you are deemed to have accepted our terms of use.

myfinances poll 

2009 is set to be a tough year for the UK finances. We want to know what you are expecting. Vote now.

Free stuff 

Sign up for our free daily newsletter and other free stuff.