A new Saga Insurance credit card, called the Platinum Visa Card, has just been launched which is set to offer a fair deal to Saga customers.
One of the biggest factors with the new Saga Insurance card is that transactions are ordered so that the most expensive to repay amounts are cleared first, something few other card providers offer. Furthermore there will be no currency charges for any transactions made in what is called Visa Europe. This includes the EU plus some others.
There is also the usual credit card offer included by Saga Insurance, namely 0 percent on balance transfers and purchases for 6 months. All in all this new credit card can save customers a great deal of money and is sure to be a resounding success.
Sainsburys Bank would like credit card deals made easier to understand to help customers find the best option to suit them.
A study carried out by Sainsburys Bank found that over half of credit card holders have access to a reward scheme, though less than a quarter of them have actually claimed any of the rewards. This figure is made worse when it is considered that the number of credit cards offering rewards has gone up to 190, from just over 120 three years ago.
The people who responded to the Sainsburys Bank survey gave the main reason for not claiming rewards on their credit cards as it just not being worth it. Over 40 percent of people claimed that the effort needed to get the reward simply was not worth it.
Having looked at the half term travel market Abbey National has found that prices can be as much as 80 percent higher than when the children are in school, meaning credit cards will be used to take some of the strain.
It came as no surprise to find higher holiday costs when the schools are off but 80 percent was quite extreme thought the Abbey National, especially when the economic climate is such that parents are looking to save money where they can, whilst still doing the best for their children. Scottish parents will fare better than their English counterparts thanks to their school holidays being at different times.
Abbey National found that Spain will offer the best value for families and also suggested ways to save money, including booking in advance, finding the best offer on currency or perhaps using a credit card that saves foreign exchange costs.
Compare the Abbey National credit card rate for yourself at Moneygossip.co.uk.
