Credit cards Updated:
Those who are thinking of splashing out on their loved ones this Valentine's Day have been advised to consider a zero per cent balance credit card. Halifax research has revealed that the average credit card holder spends over £40 on flowers and more than £170 on jewellery at this time of year. And with some consumers also considering an expensive engagement ring to match a proposal, the bank has suggested that its All-In-One Credit Card could cater to a romantic's needs. It offers a zero per cent rate on balance transfers as well as purchases for nine months and Alan Brindley, of Halifax Credit Cards, remarked: "Our research shows that Brits do have big hearts when it comes to Valentine's Day, but this doesn't have to mean a broken wallet." This week Abbey revealed that its zero per cent balance credit card had been named Best New Credit Card of the Year at the fourth annual Card Awards.
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