UK Cashback Credit Cards

Over the past three years close to six million Britons opted for a different solution to their debt problems by taking out secured debt consolidation loan. Repayment of secured loan is guaranteed by the borrower's equity which serves as a collateral. Secured loan may be secured by a vehicle, property, or valuable papers. Government agencies, and debt-help agencies alike, caution against secured loans, especially those secured on property, for a failure to make repayments will result in the loss of the collateral. Compared to the prospect of repaying debt at an average interest rate of 17.1%, however, secured loans, ranging from 5.9% to 7.3% APR might offer a better solution. Considering that the price of an average home increases by about Ј46 daily, secured debt consolidation loans, are well worth a thought.

In a bid to aid those, suffering from bad credit history, bad credit secured loans appeared on the financial markets. Given statistics and numbers above, as well as the calculations the writer was too scared to carry out, perhaps that's not as good of an idea as it sounds. It could be argued however, what there is value to the concept of giving second chances – for a price. While getting a credit card to pay off another one is akin to "the war to end all wars", secured debt consolidation loan seems to offer a tentative solution. Alternatively, we all could eat a little less.

Earning CashBack every time you use your card to buy something is a great way of saving money and there are a lot of UK cashback credit cards available at the moment for you to choose from. It is important to understand what reward is being offered, some offer points, others offer this for goods purchased online whilst others restrict the deals to certain stores.

Top-CreditCards have sorted the table below showing UK cards that specialize in CashBack.
Balance Transfer Rates Balance Transfer Handling Fees Introductory Rates on Purchases CashBack
Duration Mths
Standard % APR
variable rates Rebuild your Credit

Co-op Platinum Advantage
0% a 2% handling fee applies 0% -- 6 14.9 --
Nat West 0% a 2% handling fee applies 0% -- 9 16.9 --
Co-op Tracker 4.75% for 6 months -- 4.75% for 6 months -- 6 9.1 --
Co-op Clear 8.9% -- 8.9% yes life 8.9 --
Virgin Card 0% a 2% handling fee applies 0% --
9
15.9 --
Egg Card 0% for 6 months a 2% handling fee applies 0% for 6 months yes 6 15.9 --
HSBC Card 0% until 1st January 2008 a 2% handling fee applies 0% for 6 months yes -- 15.9 --
Royal Bank of Scotland 0% a 2% handling fee applies 0% -- 9 16.9 --
IF Card 4.95% for life -- 0% -- 8 16.9 --
MBNA Rewards Card 0% a 2% handling fee applies 0% for 3 months yes 12 15.9 --
Morgan Stanley Platinum 3.9% until 1st July 2010 a 1% handling fee applies -- yes
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