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Moneyextra News
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Brits scoop up two EuroMillion wins in a month. How would you spend £45m?

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Saga Platinum 'orders repayments fairly'

Saga Platinum \'orders repayments fairly\'
Consumers who use the Saga Platinum credit card benefit from fair ordering of repayments, it has been reported.

The firm says that, unlike many other cards, the most expensive debt is cleared first, once interest and any fees have been paid.

Saga claims that this feature makes Platinum one of the UK's best credit card offers available in the current market.

The credit card offers "a great deal for existing customers who borrow", it claims, with a low rate of interest of just 11.9 per cent APR variable proving to be another attractive feature.

"Over 50s who take out a Saga Platinum Credit Card will enjoy nine month's interest free on purchases, covering the cost of Christmas and more," the firm added.

Last week, Mastercard announced that, from January 1st 2010, card holders will be able to avoid debit and credit card booking fees when flying with budget air carrier Ryanair.ADNFCR-2088-ID-19500804-ADNFCR

Moneyextra.com recommends you take independent financial advice before acting on any article

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2009-12-08 14:49:54 © Moneyextra.com

Moneyextra.com's Top Picks
Barclaycard - Platinum Credit Card with Balance Transfer

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
22 months
(2.9% fee)
0% for
3 months
17.5%
APR
  • Cash Advances - 27.9%
  • Free Purchase Protection
  • Max Purchase Protection: £5000

Representative example: assumed borrowing of £1200, representative 17.5% APR (variable). Purchase rate 17.5% PA.

Details
Halifax - Balance Transfer Credit Card MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
22 months
(3.5% fee)
0% for
3 months
17.9%
APR
  • Intro Cash Advances 28.0% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.95% PA.

0% for the first 22 months on balance transfers up to £3,000. You must have an annual income of £20,000 or more to apply

Details
Barclaycard - Platinum CC Balance Transfer Visa

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
21 months
(2.6% fee)
0% for
3 months
17.9%
APR
  • Cash Advances - 27.9%
  • Free Purchase Protection
  • Max Purchase Protection: £5000

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.5% PA.

Refund offer which reduces handling fee to equivalent of 2.6% for everyone

Details
Royal Bank of Scotland - Platinum MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
20 months
(2.9% fee)
0% for
6 months
17.9%
APR
  • Intro Cash Advances 28.0% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.9% PA.

Details
Virgin Money - Credit Card MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
20 months
(2.99% fee)
0% for
3 months
16.8%
APR
  • Intro Cash Advances 27.9% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 16.8% APR (variable). Purchase rate 16.8% PA.

Details