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Saga cuts APR on credit card to 11.9%

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by David Masters
”Saga

Saga has reduced the APR on its Platinum credit card to 11.9% for both new and existing customers.

The over-50s financial provider reduced its rate from 15.9% at a time when many other credit card providers are increasing APR.

New customers taking out the Platinum card also benefit from 0% on balance transfers and purchases for nine months.

Other benefits of the card include fair repayments, that ensure the most expensive debt is paid off first, and no currency charges for overseas withdrawals within Visa Europe.

Andrew Goodsell, Saga Group chief executive, said: “It is more important than ever that people take a good look at their finances.

“The new Saga Platinum credit card will help our customers to make their money go further.”

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News posted: April 9, 2009

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