That stock News

If you do this with your existing map, you would pay interest generally regard 18pc per year. It cost the average consumer of Christmas more than ￡ 100 of interest for 13 months.

According to a recent survey of Kelkoo, the price comparison site plan families spend on average ￡ 650 Christmas races this year.

If they used one without an introductory offer of 0pc credit card and waited a year to repay the debt, they would be ￡ 115 interest, according to David Black's Defaqto rack, company data (this figure is based on a typical 18 3pc interest rates and a minimum return of 2pc each month).

If you want to benefit from the advantage this Christmas, get a move on - it takes approximately three weeks to get a new card, said Mr. Black, although some issuers take one week only.

Credit card for the Tesco Clubcard offers the longest introduction for purchases at 13 months, said Black.Après offer expires, the interest rate is equivalent to 16 9pc so cautious borrowers will ensure that they pay the Bills in full each month.Card holders will also earn Clubcard loyalty points.

Barclaycard, MBNA, Halifax and Bank of Sainsbury's offer without interest periods of 12 months on purchases, although sometimes you need to have another product for is qualifier.Par example, if you want that Halifax card you will need to have a current account with the Bank, then map Sainsbury is available only for those who buy the chain and have a nectar loyalty card.

Unlike 0pc balance transfer deals, there is no fee to pay if you offer no interest on purchases, so these offers are an easy way to save money as long as you are disciplined.Avoid missing monthly payments of the minimum amount and reimburse the sum all outstanding before offer liminaire.Sinon ends, the card company might interest or, in the case of missed payments, cancel offers it completely.

Therefore set up a direct debit to make minimum monthly payments and make a note in your diary to repay the outstanding of the expiry of the offer.

If you pay your balance in full each month, it may make more sense to get a card that offers rewards, said Mr. Black.La best offer refund currently comes from American Express, he added, with 5MC expenses reimbursed for three months, with an amount of maximum refund of ￡ 100.

You need to spend a total of ￡ 2,000 on the map within the three months to earn the reward maximale.Après introduction offer ends, rebate is calculated on a system layered up to a maximum of 1. 25pc of expenditure.

Alternatively, Capital One World MasterCard provides an unlimited number of reimbursement of expenditure 1pc, while the funds World MasterCard the eggs also pays 1pc but there is a maximum gain of ￡ 200 per year.

Hannah Mercedes-moneysupermarket.com, Skenfield price comparison service stated: "using a cash back credit card means Christmas spending can reward, but you must pay the full balance each month or any reward outweighs the interest.

If you want a credit card without hesitate or introduction offers only a low rate of interest, Platinum costs Barclaycard 6 8pc, while the map of the Co-operative Bank and Capital One OneRate fixed rate Platinum 9 9pc simplicity.

Mercedes-Skenfield said: "a credit card is great if used correctly, but is really appropriate for borrowers organized and disciplinés.Une incorrect use and you could end up paying were famine."

"With any credit card product created directly at least debit the minimum payment as soon as you configure your account, such as missed payments will lead you lose your promotionnelle.à using cash credit card bid is a perceived you will have to pay interest at a rate higher than on the day of the transaction.

View the original article here