Credit card customers have had their attention drawn to the launch of a new credit card from financial services provider Capital One by a financing expert.
This month, the credit card company unveiled details of its new Platinum Card, which features a typical headline annual percentage rate of 9.9 per cent.
In addition to this, the credit card also boasts zero per cent interest on purchases and balance transfers until May 1st 2008, alongside a 1.7 per cent balance transfer fee.
Commenting on the credit card, Rob Kenley, head of credit cards at financing portal moneysupermarket.com, described it as a "great all-rounder".
"With its lengthy introductory offers for both balance transfers and purchases, a low balance transfer fee and 'go to' rate, Capital One have hit the nail on the head," he stated.
Earlier this month, Mr Kenley assessed the likely impact of contactless technology on the debit and credit card sectors when it is introduced later in the year.
Predicting that the innovation would enable faster payments and a more convenient shopping experience, the financing analyst predicted that it would "sound the death knell" for payment by cash.
News Side
Financing analyst evaluates Capital One credit card
Fri, 08 Jun 2007
Recommended links
Portal to finding the best credit card dealsHow to find a credit card which is right for you
Credit card tips
Balance transfer cards
Credit card seach and compare tool
Today's credit card deals
Multiple credit cards may be better, financing analyst suggests
Financing qualifications discussed by government
news content
Search
