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Capital One top best buy tables
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Capital One Announce Best Buy Topping Terms
Writes Dan Drage dan.drage@consumerchoices.co.uk
In the light of the credit crunch, Capital One is striving to make its range more attractive.
Narrowing credit acceptance criteria is forcing credit card suppliers to improve their terms to attract new customers, and that’s good news for prospective credit card applicants with blemish free credit histories.
In an unprecedented move, Capital One (www.capitalone.co.uk) has extended the 0% on balances and 0% on balance transfers offer on its Platinum credit card to 15 months. This has resulted in the Capital One Platinum card rocketing to the top of credit card best buy tables.
Chris Eagle, Commercial Manager at Credit Choices, has the inside track on potential savings:
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"You could save £192 in interest and £106 on purchases in the first 15 months"
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‘Should you transfer a balance of £3000 to the Capital One Platinum card, and spend £200 a month on the card, you could save £192 in interest and £106 on purchases in the first 15 months’
He continues:
‘This combined total saving of £298 is dependent on the total balance being cleared at the end of the promotional period. This is a crucial aspect of good credit card management.’
APR on the Captial One Platinum card is 12.9% typical variable, and a free identity theft recovery service is included with the card also.
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