AMERICAN EXPRESS has launched a credit card. Nothing new about that, nor about the fact that the Blue card offers 1 per cent of your money back for every pound you spend: Alliance & Leicester has been doing very well out of that particular wheeze.
No, this card is different in that it offers a range of nice bells and whistles, such as an introductory rate of 9.9 per cent APR for the first six months, rising to 19.5 per cent APR thereafter. Plus the money-back rate will go up to 5 per cent in November, useful for all your Xmas shopping. This is possibly the most useful flexible friend you can have this Christmas - as long as you don't go mad on it. Call 0800 700111.Reuse content