Date: Wed, 14 Apr 2004 00:01:23 GMT
From: "The Blue Max"
Newsgroups: uk.finance
Subject: Re: Credit Card options ?
Amex Blue. No fee and 2% cashback for the first 3 months; thereafter 1%. On
your spend of £2k a month you'll make £300 a year in cashback.
Another option would be sugn up for a Mint card which does 0% on purchases
for 9 months IIRC. Pay the 3% minimum every month, then deposit the £1940
difference in a savings account and collect interest.
Over 9 months you'll accumulate a balance of about £15,500 after allowing
for paying 3% of the increasing balance. The interest will be 4.5/12 x 4% x
0.60 = £140. And I think you also get 0.5% cashback.
"Joe Hunt" wrote in message
news:c5h1qc$1h54r$1@ID-73828.news.uni-berlin.de...
> Hi,
>
> I'm searching for, as most would, the best credit card for personal use
> given my criterion. I would pay off the balance on time each month in
full,
> I earn roughly £120K pa, cashback would be nice, roughly £2000 is spent a
> month on the card. Until now I have had a MasterCard form NatWest, it
works
> more as a chargecard, where my final balance each month is taken directly
> from my current account.
>
> Any ideas would be fully appreciated, many thanks
>
> Joe
>
>
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