Abbey Zero credit card best product of the year
by Gill Montia
Story link: Abbey Zero credit card best product of the year
Abbey’s Zero credit card has been named Best New Credit Card Product of the Year at the annual Cards Awards ceremony.
Cardholder benefits include: 0% on balance transfers for the first six months; 0% on purchases for the first six months; 0% balance transfer fee (typically 3%); 0% fee on cash withdrawals (typically 3%); 0% fee on foreign purchases (typically 2.75%); No annual charge; 18.9% APR rate for purchases after the first six months.
The card was launched in April of last year, with customers looking for transparent credit card terms in mind.
Abbey’s managing director of credit cards, Roger Lovering, says he is particularly pleased that Abbey Zero has been recognised by the industry because the award category had some impressive entries.
Co-operative Bank also scooped an award with its Woodland Trust Credit Card, which won the title Best Charity Credit Card.
For every new account opened, the Co-op donates £15 towards the cost of planting trees to the Woodland Trust.
A further £2.50 is donated if the card is used within six months, plus 25p for every £100 spent on the card.
applied for abbey zero 31/01/09, 21 days later still waiting, told approval for card given. however they use 2nd class post and we departing uk 04/03/09. asked them to use first class post and would supply stamps, no response. in all this time i have been waiting we have never received any form of corespondence from abbey, their card tracking team are hopeless, either that or are kept in the dark. telephoning abbey on their recomended number results in a call to the far east and they return you to the switchboard who then play ping pong with you by batting you to house morguages or on line bankng or any one so that you will go away. when you do reach the right person they are very sorry and will call you back but they never ever do. the abbey system is a shambles they give the impression that they just dont know or understand what they are doing, i certainly dont.
Comment by peter — February 24, 2009 @ 12:14 pm