In terms of sheer aesthetic appeal it’s hard to beat a gold card. That’s why the American Express Preferred Rewards Gold Card simply looks a cut above the rest.
It’s appeal is not limited by looks. The array of features on offer help make this card a very attractive credit alternative.
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Posted by Tom Wilkins on Wed 4th July 2007 at 06:00 AM, Filed in Credit News
UK’s debt interest repayments are now reaching scary proportions with annual bills expected to hit £100bn for the first time.
This mountain of serviced debt now equates to approximately £1 in every £8 spent by UK households according to Grant Thornton.
This debt interest is broken down into £72.8bn related to mortgages and £ 28.7bn related to credit cards, loans and overdrafts.
The scary bit is that with an estimated 25 million households these figures add up to an average of £4,000 each. It surely must be a matter of time before recent interest rate rises by the Bank of England have serious consequences for those even slightly over extended
Might be time to hunker down with the tin hats!!
Anecdotal evidence suggests that parts of Spain are becoming hot spots for all manor of credit card fraud. This is further supported by news of 3,000 blocked credit cards by Bancaja.
The call to action took place after a wide scale fraud operation.
According to reports:
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Posted by Tom Wilkins on Mon 2nd July 2007 at 06:00 AM, Filed in US Credit Cards
In light of recent research suggesting that the styling of a credit card has more bearing than the interest rate I thought it might be worth mentioning the US Airways Visa Signature. It’s sleek black and silver design gives it a certain panache that would please those who use their cards as a fashion accessory.
And the features aren’t that bad either:
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Credit demand is still insatiable. Much of the western world now borrows increasingly on credit cards and this is set to continue.
But what if you wanted to wean yourself off easily available credit. What would you do?
Here are some ideas:
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