Compare Credit Cards with CardSmart

Home » Credit Card News » Card Types » Bloggers react to MySpace credit card venture

Bloggers react to MySpace credit card venture

Social networking site MySpace has received a mixed response to news it is teaming up with Citi to launch a new credit card.

More from Card Types
11 March 2009

Bloggers react to MySpace credit card venture”

Bookmarks

Most bloggers have welcomed its manifesto of rewarding consumers with points for making responsible choices instead of overspending.

Donating to charity and recycling are just two areas where cardholders in the Generation Forward campaign can reap dividends.

However, writing on walletpop.com, one blogger notes: "The card has a starting APR of 14.24% which is high even for a student with limited credit history.

"As a comparison, the same Citi Forward card without a MySpace logo carries an APR of 12.24%, which is still high but a full 2% less than that of the MySpace card."

Nevertheless, the writer accepts the provider will lower cardholder's APR by .25% for every three months that bills are paid on time and are under the credit limit.

Other branded credit cards released recently include designer Roberto Cavalli's Mastercard-affiliated plastic.

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
Compare More Credit Cards...

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. Read more... We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.