Compare Credit Cards with CardSmart

Home » Credit Card News » Spending Money » News for credit card holders: Sales may not reach 2008 levels

News for credit card holders: Sales may not reach 2008 levels

Those planning to hit the sales this year with their debit or credit card may find there are fewer bargains available than in 2008, it has been reported.

More from Spending Money
24 December 2009

News for credit card holders: Sales may not reach 2008 levels”

Bookmarks

Huge discounts were available at many retailers last year due to excess stock caused by a change in shopping habits when the financial crisis hit Britain.

However, this year retailers have been more cautious about the amount of supplies they have available, according to the BBC.

Editor of Retail Week Tim Danaher told the news service that there would still be good bargains available with many shops trying to catch bargain hunters early.

However, he added that the sales would not be at the same level as those this time last year.

According to new research by Barclaycard, debit and credit card spending peaked at 12.48 pm on December 19th, as consumers rushed to the shops to finish their last-minute shopping.

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.