FINANCE DEAL OF THE WEEK

Saturday 18 September 1999 00:02 BST

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FINANCE

DEAL OF THE WEEK

AMERICAN EXPRESS is doubling the Moneyback offer on its Blue Card from 1 to 2 per cent for purchases made in November and December. New and existing members will get 2p back for every pounds 1 spent. If all credit cardholders switched to the Blue Card during the offer period they would save a total of pounds 226m. The card has an annual fee of pounds 12 and interest is charged at 9.9 per cent (rising to a standard 19.5 per cent after six months) so prompt payers will benefit most.

Ian Griffiths

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