New Tesco credit card could help those with debt problems
New Tesco credit card could help those with debt problems
- Monday, 26 July 2010The Tesco Clubcard Credit Card has introduced a new zero per cent offer on all purchases for 13 months, which could help those living with
debt problems.
It is available to all new customers who will also enjoy zero per cent interest on all balance transfers for nine months.
This could provide consumers with a
debt solution as they could transfer their financial arrears onto the card in order to pay less interest.
Customers can also collect clubcard points every time they purchase something on the card regardless of where they buy it.
These points can be collected and used for discounts on groceries, days out or even holidays.
David McCreadie, commercial banking director at Tesco bank, said: "By extending our zero per cent purchase offer, our cardholders will benefit from the longest introductory free purchase offer currently available in the UK as well as earning points whenever they use the card."
Using a credit card may also help people avoid getting into
debt problems in order to go on holiday.
Moneysupermarket.com recently advised consumers to use a card with a zero per cent interest rate and to spread the cost of a holiday over the year.

Recent Debt Management Plan News
56% of Brits have no life insurance which could leave family with debt problems
Wed, 04 May 2011More than half of UK adults currently have no life insurance cover, which could mean their loved ones are left with
debt problems when they die...
Brits thinking about retirement advised to seek debt advice
Tue, 03 May 2011Consumers considering their retirement options have been advised to seek professional advice, as they may end up with
debt problems in the future...
Brits planning to attend a wedding should start saving to avoid debt problems
Thu, 28 Apr 2011Consumers concerned about getting into
credit card debt to pay to attend a wedding may want to use their savings instead...
Couples planning their big day can avoid debt problems by negotiating a cheap wedding
Wed, 27 Apr 2011Couples-to-be worried about needing
debt advice in the future after paying for a wedding can ensure they avoid accruing
debt problems by negotiating a cheap wedding...