Abbey praised for 0% balance credit card - Credit cards - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Abbey praised for 0% balance credit card

Abbey praised for 0% balance credit card

Category: Credit cards

Updated: 11/02/2009
First Published: 10/02/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The zero per cent balance credit card offering from Abbey has received recognition at an industry awards ceremony.

Last week's fourth annual Card Awards, held in London, were designed to celebrate new initiatives.

And the bank's Zero Credit Card was given the top honour, being named Best New Credit Card of the Year.

Managing director of credit cards at Abbey Roger Lovering remarked: "The award category had some impressive entries and was well represented. Therefore, I am particularly pleased that Abbey Zero has been recognised by the industry."

Those carrying out a credit card comparison may wish to note that among the features of the product is a zero per cent rate on balance transfers as well as purchases for the first six months.

Meanwhile, MBNA received the gong for Best Online Initiative for its MBNA Connect service, which allows customers to manage their finances from their computer.

Features include an alert system for when a transaction is greater than a set amount, which is designed to help combat fraud.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Credit card mistakes cost borrowers £948m

At this time of year, many people could be turning to balance transfer credit cards in an attempt to overcome their Christmas debt. However, many of these borrowers could get caught out in the year ahead, and they could end up paying for it.

6 of the best balance transfer credit cards

Does the thought of opening your credit card bills fill you with fear? If so, you're not alone! Christmas may be over, but unfortunately, many people will still be paying for it, after turning to credit to cover the cost of their festive spend.

Get a better credit score for the New Year

A new year means a fresh start, and one of the best things you can do is take a cold, hard look at your finances – particularly when it comes to your credit score.
 
Close