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Product focus: Credit cards

Product focus: Credit cards

Category: Credit cards

Updated: 09/05/2011
First Published: 09/05/2011

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 It is now over 6 months old so the content may be out of date.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 summer months can be an expensive time, with many people turning to their credit cards to help finance family holidays and excursions. Before applying for a credit card, it is wise to search the market thoroughly and assess your own spending habits and attitude to credit to ensure to you choose the right card for you. Here is a selection of some of the best cards in the market for purchases, balance transfers and cash-back.

Marks & Spencer Mastercard

This card offers customers 0% interest on purchases for fifteen months. The card has a representative APR of 15.9% and up to 55 days interest free credit when the balance is paid in full and on time each month. There is no minimum income required for cardholders.

Barclaycard Platinum with Balance Transfer VISA

This card offers customers 0% on balance transfers for twenty months. The card has a representative APR of 17.5%. A 3.2% fee applies to transfers made within 60 days of opening an account. Cardholders must have a minimum income of £20,000. Apply Now

American Express Platinum Cashback Amex

This card has a representative APR of 19.9%. Cardholders will receive 5% cashback on all purchases up to a maximum of £1,000, for the first three months.
After the initial three months customers who spend up to £3,500 in the year will earn 0.5% cashback; between £3,501 and £7,500, 1% and over £7,501, 1.25% cashback. The card offers 0% on purchases for the first six months. Cardholders must have a minimum income of £30,000. Apply Now

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 Any products featured may be withdrawn by their provider or changed at any time.

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