aqua Launches Two New Market Changing Credit Cards - Introducing Advantageous Rates and Cashback for Customers with Low Credit

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• Publié par: sav-credit
• Nombre de lectures: 12
• Langue: English

Extrait

aqua Launches Two New Market Changing

Credit Cards - Introducing Advantageous Rates

and Cashback for Customers with Low Credit

PR Newswire

LONDON, June 19, 2012

LONDON

,

June 19, 2012

/PRNewswire/ --

aqua, market leading supplier of credit cards, is launching two new credit cards

that provide an advantageous discount rate and cashback for customers who

struggle with low credit rating.

From 14

th

June, two new market changing credit cards for bad credit will be

available from aqua. aqua Reward and aqua Advance improve the benefits

available to customers who previously been turned down by High Street Banks.

aqua's new cards are designed to reward responsible usage of credit cards and

rebuild credit for those who may suffer from poor credit history.

aqua Advance offers customers reduced rates of 5% a year for three years

providing they meet payments and do not exceed their credit limit, meaning

that responsible credit card customers benefit from a 15% reduction overall

with aqua. The aqua Reward credit card provides a market-leading annual cash

back of 3% paid on all net monthly retail spend capped at £100 a year.

Both of these credit building credit cards are generous in offering a competitive

initial representative rate of 34.9% APR and cash advance rate of 39.9% with

initial credit limits of up to £1,600.

These additions to the aqua range of credit cards for bad credit are the first

launches in SAV Credit's ten year history, reflecting the evolving financial

market that the UK is currently faced with. SAV's Chief Executive Officer James

Corcoran explained how aqua's credit cards meet market demands and ensure

customer value:

"Advance provides a clear route to a strong credit record and competitive rates

for people who have had problems while Reward ensures they have the ability

to earn cashback on everyday spending on their credit card."

aqua helps their customers to sustain responsible credit usage with the aqua

Reward credit card and aqua Advance credit building credit cards through their

free SMS text service. Customers providing a mobile phone number

automatically receive the service which offers monthly payment reminders and

alerts them when they are close to their credit limit.

About SAV Credit and aqua

SAV Credit is the UK's leading specialist card lender and the only company to

supply credit cards exclusively to customers who are not served by High Street

Banks. With over 500,000 accounts and £500 million in credit card assets under

management, SAV Credit is dedicated to promoting affordable, responsible

lending. The aqua brand has nearly a decade of experience in providing credit

cards for bad credit and individuals who have been turned away by High Street

Banks.

Kevan Reilly

Citigate Dewe Rogerson

Tel: [phone]