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Debit and credit card holders 'break e-retail records'

Debit and credit card holders can buy presents for their loved ones from all over the world thanks to the growth of online shopping, according to a company that specialises in social media measurement.

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31 December 2009

Debit and credit card holders 'break e-retail records'”

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However, marketing director at Webtrends Colette Wade suggested that those who share a computer should make sure their online purchase information is not shared, especially when buying presents in the run up to Christmas.

Her comments follow news that online shopping over the Christmas period using debit or credit cards surged this year.

An estimated 4.3 million shoppers were predicted to go online on Christmas Day, spending over £120 million.

A total of £102 million was spent online using debit and credit cards on Christmas Day last year.

Those planning to do online shopping during the sales may want to consider using a rewards credit card, such as the American Express platinum cashback credit card.

This type of card allows holders to earn cashback on their purchases.

The typical variable rate on the American Express platinum cashback credit card is 19.9% APR.

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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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