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'Debit and credit card Christmas week spending up from 2008'

Debit and credit card holders spent more between December 19th and 31st December 2009 than the previous year, according to Barclaycard Payment Acceptance.

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5 January 2010

'Debit and credit card Christmas week spending up from 2008'”

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Debit and credit card holders spent more between December 19th and 31st December 2009 than the previous year, according to Barclaycard Payment Acceptance.

New figures released by the processor of debit and credit card transactions reveal the busiest day for turnover before Christmas was December 23rd with £497 million being spent.

Sales peaked after Christmas at £376 million on December 29th.

Debit and credit card holders also shopped throughout the festive holiday, with 32 transactions made every second on Christmas Day.

Meanwhile on Boxing Day, the average credit card transaction was £72.46. Purchases were largely made at DIY and electronic stores, according to Barclaycard Payment Acceptance.

Barclaycard is currently offering a platinum credit card with a typical variable rate of 14.9% APR. There is 0% interest on balance transfers on the card for 12 months from the account opening date, with a 2.5% handling fee.

Posted by Sarah Nyman

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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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