Reward credit card 'good for internet shopping' - Credit cards - News - Moneyfacts


Reward credit card 'good for internet shopping'

Reward credit card 'good for internet shopping'

Category: Credit cards

Updated: 03/12/2008
First Published: 03/12/2008

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 It is now over 6 months old so the content may be out of date.

Consumers are increasingly planning to turn to the internet for their Christmas shopping this year, a study has found.

Research by egg has revealed that people are using the web because it is easier than venturing into busy high streets.

And of the 80 per cent of people that plan to use the internet, more than half said they are doing so because it helps them resist the urge to impulse buy.

Around £12 billion has been predicted to be spent online, with 54 per cent opting to use a credit card in order to insure most purchases.

Consumers are being advised to consider using a reward credit card, with egg spokesperson Vanessa Wood stating: "People realise the benefits of using a credit card online in terms of insurance on purchases and fraud protection. Customers should also remember other benefits - such as cashback - are also available."

Last week Abbey urged shoppers to consider its reward credit card when shopping in supermarkets.

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 Any products featured may be withdrawn by their provider or changed at any time.

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