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Brits embrace credit card perks |
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May 10, 2010 |
everyinvestor.co.uk by Martin Fagan
Over half of Britain's credit card users (56 per cent) chose their credit cards based on the incentives on offer from providers, according to research from moneysupermarket.com. Credit cards still play an important role in the nation's finances and reward schemes can be a good way to get some extra bang for your buck, says the comparison site.
MoneySupermarket.com - Brits embrace credit card perks
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Rewards and Lack of Fees Encourage Credit Card Use |
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Mar 30, 2010 |
Compete.com
Per a recent survey by compete, Credit card holders are more likely to use cards that offer rewards and lack annual fees. Almost half of survey respondents (46%) cited some type of reward as the most appealing feature of the card they used most frequently. Reward points were the most popular form of reward (20%), followed by bonus on some expenses (9%), unlimited cash back and airline miles (7% each), and bonus for exclusive online shopping (3%).
Compete - Rewards and Lack of Fees Encourage Credit Card Use
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Drop in card cash reward schemes |
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Jan 24, 2010 |
The Press Association
Only one in 20 credit cards currently enables users to earn cash on the transactions they make, down from more than a quarter of all cards in 2005, according to financial information group Defaqto.
PA - Drop in card cash reward schemes
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Sainsbury's sees credit card rewards declining |
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Aug 30, 2009 |
Sainsbury’s Finance
Credit cards that offer a reward scheme are becoming harder to find in the UK with the proportion of cards offering a reward scheme having fallen by more than 11% during the past year, according to research from Sainsbury's Finance.
TWM - Sainsbury's sees credit card rewards declining
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Aug 15, 2009 |
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The Washington Post by Nancy Trejos
Months before a new law takes effect restricting the credit card industry's ability to raise interest rates and charge fees, card issuers are scaling back programs that offer lucrative rewards such as frequent-flier miles and cash rebates. Now many customers have to pay additional fees or earn more points to redeem free plane tickets or claim cash-back perks.
The Washington Post - There Goes The Prize
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