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Reward credit cards

Wednesday, 25, Oct 2006 12:00

Reward cards reward you for spending on a credit card in the form of points that can be used to redeem selected gifts, flights and holidays, or earn some of the money you spent back in cash.

Reward credit cards are designed to get you to spend, as the more you spend the more points you earn the greater the reward. However, it is important to remember that you may run into difficulties should you be unable to afford repayments as reward cards tend to have high interest fees.

With myfinances.co.uk you can compare reward credit cards and apply online for the best reward cards available in the UK market.

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Loans & Credit News

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New "rights" for credit card holders designed to increase consumer protection and reduce debt repayments have been revealed by the government.

The UK Cards Association claims that the new measures could save credit card users around £533 million a year.

Debt helpline calls rise 25% as "new penury" strikes

Calls to the Consumer Credit Counselling Service (CCCS) helpline rose by 25% in 2009 to a record 335,323 contacts, the charity has said.

Calls to the CCCS debt helpline rose by 25% last year.

Card fraud losses fall 28%

Losses to credit and debit fraud fell by over a quarter last year, the first decline since 2006.

Chip and pin has helped to reduce card fraud, the association said.

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Consumers could save thousands of pounds a year by carrying out a "spring clean" to get the best deals on financial products.

Some financial spring cleaning could save customers thousands of pounds a year, moneysupermarket.com has said.

Product News

New Virgin Credit Card Exclusive launched

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Virgin Money unveils market-leading charity credit card

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AA Credit Cards expands special offer

The zero per cent purchases AA Credit Card deal, which originally launched through moneysupermarket.com earlier this month, has been expanded to include other price comparison sites.

AA offers new credit card deal

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Barclaycard reveals partners in new loyalty scheme

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Moneysupermarket helps users check credit scores

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