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'Reward credit card numbers increase'

The number of credit card providers offering points schemes is greater than ever before, it has been reported.

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27 January 2010

'Reward credit card numbers increase' ”

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A total of 21% of credit cards encourage users to spend to accumulate points, in comparison to 15.4 % last year.

Meanwhile, the number of cards offering cash back rewards has declined to one in 20 in comparison to more than a quarter five years ago, research Defaqto has found.

Those looking for a rewards credit card may want to consider the AA credit card, which allows users to earn AA reward points on everyday card purchases and double points on motoring, fuel and AA products.

Points can then be used to purchase from a range of motoring products or a day or night out.

The typical variable rate on the card is 16.9% APR.

Marks and Spencer also offers a reward credit card, which allows users to collect points to treat themselves in-store.

The typical rate on this card is 15.9% APR.

Written by Charlotte Stevens ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Typical (Variable)
	Virgin Credit Card
	16 months	3 months	16.6^%
	MBNA Platinum Plus
	13 months	3 months	16.9^%
	Egg Credit Card
	13 months	3 months	16.9^%
	Halifax All in One Card
	9 months	9 months	15.9^%
	Capital One Classic Card
	No 0% Balance Transfer Offer	No 0% Purchase Offer	34.9^%
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