New 0% balance credit card launched by Saga - Credit cards - News - Moneyfacts


New 0% balance credit card launched by Saga

New 0% balance credit card launched by Saga

Category: Credit cards

Updated: 11/12/2008
First Published: 10/12/2008

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 It is now over 6 months old so the content may be out of date.

Customers may want to make a credit card comparison following news that Saga is offering a new product for those wanting to pay by plastic.

The Saga Platinum credit card comes with a typical low rate of 15.9 per cent APR as well as zero per cent on balance transfers for six months.

Furthermore, Saga will not charge users of its credit card foreign currency exchange for goods purchased in Visa Europe.

Chief executive of Saga Group Andrew Goodsell said the new credit card will provide consumers the confidence they are seeking in the current climate.

"Consumers need reassurance this year and we are proud to offer a credit card which gives people the confidence that their payments will be managed fairly," he remarked.

Recent research by Egg revealed that over half of the predicted £12 billion of goods that will be purchased online this Christmas will be paid for with credit cards as customers seek to insure their possessions.

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 Any products featured may be withdrawn by their provider or changed at any time.

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