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BT changes credit card rates

BT has changed the rates on its credit card, it has been announced.

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10 July 2009

BT changes credit card rates”

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BT has changed the rates on its credit card, it has been announced.

Holders of a BT credit card can now be eligible for discounts on their BT bills, 0% balance transfers for 13 months and zero per cent on purchases for three months.

For every £1.50 spent on their credit card, 1p will be subtracted from BT bills.

John Petter, managing director of consumer services at BT, said: "The original BT credit card has proved very popular since it launched two years ago and has been the choice of hundreds of thousands of BT customers."

The cards are available in four colours - orchid pink, forest green, iconic black and cool silver.

In other news, an industry expert has claimed that pre-paid credit cards could offer greater security when shopping online.

According to Martyn Shaw of Ecomparison, pre-paid credit cards are safer since any details that are intercepted by potential thieves will have limited use due to caps on spending.

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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).
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