We advise credit card holders to take advantage of this increased competition by checking what deals are out there and seeing whether they can save themselves money
London (PRWEB) January 24, 2007
The website creditcardexpert.co.uk, a comprehensive guide highlighting the best available deals and providing general credit card tips to consumers, said today that consumers should check out good credit card deals for transferring post-Christmas debt.
"Credit card companies recognise that January is a tight month for most people and they see it as a good opportunity to attract new customers with good deals," said Justin Drummond, CEO of Media Corporation plc, which runs http://www.creditcardexpert.co.uk.
"We advise credit card holders to take advantage of this increased competition by checking what deals are out there and seeing whether they can save themselves money".
Last year it is estimated that about 8.5 million card holders - about a quarter of the 33 million credit cardholders in the UK - switched existing balances to a new credit card in 2006 and in the process saved substantial interest costs..
"The technology on our web site makes it easy to check out the latest card offerings and to compare what is best for each individual," Mr Drummond said.
Interest rates, features, benefits and card type can be compared from the complete array of UK credit cards and most importantly, all available 0% credit cards for balance transfers can be easily tracked down.
The site also offers in depth details of the best credit cards available in its credit card reviews section.
Once comparisons have been made, it is possible to apply for a credit card online, through http://www.creditcardexpert.co.uk.
"It's important to note that financial institutions and credit card companies have different priorities and may be seeking to attract clients from a particular demographic. So if you aren't accepted by one card company, it is worth trying others," Mr Drummond said.
"Over the past couple of years, credit card use in the UK has grown strongly and more and more people are using cards to manage everyday transactions like grocery shopping. While many people are aware of credit card market opportunities, many others haven't in the past had the time to do the investigation to compare what's out there."
"Now they can do it simply on creditcardexpert, with the help of our technology," he said.
Media Corporation plc
Justin Drummond, Chief Executive Officer
+44 (0)20 7618 9000
Note to editors:
Listed on the London Stock Exchange, Media Corp, is a leading internet media and advertising company focused on search, publishing and media sales. The company has two other principal divisions:
- Publishing - Media Corp has a diverse publishing division ranging from online to printed media. Our impressive stable of websites includes a number of market leading sites including http://www.onthebox.com, http://www.casino.co.uk.
- Search - The vertical search specialists - building sector specific search engines for advertisers to communicate in a highly targeted environment with their particular audience. All of our Search and Media products are powered by its own high performance proprietary technology. It can therefore partner with online businesses to offer "White Label" services across a number of key vertical markets.
- Eyeconomy was formed in 1996, and is a separate operating division of Media Corp plc. It specialises in the various sectors of online marketing and advertising, such as online media planning and buying, as well as managing online media campaigns for clients including AOL, Dell and American Express.