LEEDS, UNITED KINGDOM--(Marketwire -09/03/12)- Managing your personal finances can be difficult, especially in this economic climate. That's why Asda Money has created an easy and convenient online tool to help credit card holders review their spending completely free.
Money is tight for most households at the moment with cash-strapped families counting the pennies and managing their budgets closely. However, it is not always easy to keep track of your outgoings and it is all too easy to spend too much money and go over budget.
Juggling busy workloads, long working hours and family commitments leaves very little time for many households to review their personal finances. Figures show that Brits could save up to GBP 52 a year just by cancelling old Direct Debit schemes.(i)
UK adults who don't shop around for better deals on financial products, wash their own car, turn off household appliances and pursue people they've lent cash to could waste a total of GBP 17,000 over a lifetime.
Asda Money aim to help credit card customers manage their money more efficiently with the new online money management service. The online money management service for the Asda Money Credit Card is quick and easy to use and is completely free.
All cardholders have to do is register with their details and login. The service is fully operational 24 hours a day, giving Asda credit card customers access to their account anytime, anywhere.
The online account also allows you to make fast payments and check your statement. You can also see exactly how much cashback you've earned, allowing you to manage your finances and watch your cash pot grow.
Notes to editors
(i)Source: British Bank Aldermore Britons are wasting GBP 17,000 by being LAZY, 02/08/12
About Asda Money Credit Card
-- 1 % cashback on Asda shopping -- 1% cashback at Asda filling stations -- 0.5% cashback on all other spend -- 0% balance transfers for 12 months(i) Representative example: Standard Purchases: 14.9% p.a. variable. Representative APR: 14.9% variable. Total amount of credit: GBP 1200. This is for illustrative purposes only and actual total amount of credit may differ.
(i)Balance Transfer Terms and Conditions: Balance Transfer fee of 2.9% (minimum fee GBP 3 per transaction) will be charged in respect of each Balance Transfer. Subject to account status. Account Terms and Conditions apply. You can Balance Transfer up to 80% of the available credit limit within the first 90 days of account opening. Balance Transfers from existing storecard accounts and loans issued by Creation Financial Services Ltd or Creation Consumer Finance Ltd and credit card accounts issued by Sygma Bank UK are not permitted. Minimum value for Balance Transfer is GBP 50. At the end of the promotional period you will be charged the Standard Rates of Interest in accordance to your Account.
Asda Money is a trading name of Asda Stores Limited. Asda Stores Limited uses a selection of companies to provide its products and services. Please refer to www.ASDA.com/money for details of our product partners and the relevant terms and conditions for each of our products and services.
Subject to status. Applicants must be aged 18 or over and UK resident (including Isle of Man and Channel Islands). The Asda Money Credit Card is issued by Sygma Bank UK, a Creation Group company, Chadwick House, Blenheim Court, Solihull B91 2AA.