CREDIT CARDS can be the bane of one's life. That easily made purchase turns into months of payments at an exorbitant rate of interest - particularly if you are with Barclaycard, to whom you are probably paying up to 22.9 per cent APR for credit.

Enter Capital One Bank, a leading US card-issuer, which has just launched a new credit card charging no more than 12.9 per cent APR. This rate knocks spots off the competition. What is more, it has the usual 54 days' worth of interest-free credit. And no annual fee, unlike Barclaycard. This one is a no-brainer. Call 0800 952952.