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Moneyextra and Virgin Media offer you the chance to earn yourself an extra £6,500 a year!
March 7th, 2007
All you have to do is head to Virginmedia.com's Jobs & Money channel and use the financial tools you'll find there to make more efficient use of your money.
Visitors to Virgin Media's newly launched website could find themselves quids in by taking a trip to the site's Jobs & Money channel.
In fact they could save up to a whopping £4,385.661 a year just by switching to a better deal on their mortgages, credit cards, loans, savings accounts and current accounts. That's the equivalent of awarding yourself a £6,5002 a year pay rise!
Supplied by award-winning independent financial adviser AWD Moneyextra3, the comparison tools available on Virgin Media allow users to compare and buy from:
- more than 10,000 UK mortgages from over 120 providers
- 127 personal loans from 49 providers
- 208 credit cards online from 62 providers
- 121 current accounts from 36 providers
- 849 savings accounts from 145 providers
- 170 cash ISAs from 90 providers
While the biggest savings are obviously available through getting the right mortgage, you can still save hundreds of pounds a year by making sure you have the right credit card, the right loan and the right deposit account.
Moneyextra's online comparison tools on Virgin Media put the power to make serious and valuable financial decisions that can make a real difference to what's in your wallet in your hands - don't let greedy financial institutions take you for a ride!
For further information, please contact:
Robin Amlôt
Senior Editor, Moneyextra
Tel: 0870 191 5626
public.relations@moneyextra.com
NOTES TO EDITORS
1 Moneyextra's Potential Savings Q1 2007
| Financial Service | Criteria | Poor* | Best* | 12 month saving |
|---|---|---|---|---|
| Mortgage | £120,000 interest only | £725.00 | £459.35 | £3,187.80 |
| Credit Card | £2,600 balance over 1 year | £481.00 | **£52.00 | £429.00 |
| Personal Loan | Borrowing £9,000 over 5 years | £205.17 | £172.14 | £396.36 |
| Savings Account | £5,000 instant access | £25.00 | £282.00 | £257.00 |
| Current Account | £1,000 in credit | £1.00 | £61.00 | £60.00 |
| Cash ISA | £3,000 instant access | £111.00 | £166.50 | £55.50 |
| Total Savings | £4,385.66 | |||
* Mortgage, card and loan figures based on average Moneyextra.com site usage during December 2006. The mortgage figure is based on difference between normal monthly payments and excludes any related fees. Card savings assume minimum monthly repayment is made. Potential savings in subsequent years may differ.
Balance transfer fee only.
Products quoted are examples of 'near' worst to 'near' best products matching the criteria but always available nationwide without restriction and are from a similar target market. Full details of criteria used and of products quoted and rates of interest charged/offered are available on request.
2 £4,385.66 net grosses up to £6,545.76 with 11% National Insurance and 22% basic rate tax added back.
3 AWD Moneyextra is a trading name of AWD Moneyextra Limited which is authorised and regulated by the Financial Services Authority (FSA). The firm regularly wins awards and has been a regional winner in the National Business Awards' Best Use of Technology category for two years running.