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"Return of the Abbey Zero card"

By admin | May 19th, 2009 | Balance Transfers, Credit Cards

Many consumers will be glad to hear that the Zero credit card from banking giant Abbey has made a comeback, as this card could prove ideal for those that are planning to head abroad on their holidays.

The credit card enables consumers to enjoy fee free credit when they are spending abroad, so many Brits will be keen to take advantage of this if they are heading abroad for their summer holidays, which are now just around the corner.

When the card was launched last year it proved to be popular amongst credit card users. However, for the past few months it has been taken off the market, with Abbey focussing on other financial products instead. However, with the holiday season about to kick off the Abbey has decided that this is the right time to launch the card again, so that holidaymakers can enjoy the fee free feature and look forward to a more affordable holiday in terms of spending.

In addition to this fee free feature, the Zero credit card also offers twelve months interest free credit on balance transfers, along with three months of interest free credit on purchases.

One industry official said: ‘The relaunch of the Abbey Zero card is fantastic news for customers who are looking to cut down on their costs when using their card abroad this holiday season. In recent months, other providers have increased such charges, but with the Zero card, no foreign exchange or cash advance fees are charged. Coupled with a long balance transfer deal, this card will have a wide appeal to customers.’

Another stated: ‘British holidaymakers heading overseas will be hit hard by the weakness of sterling this year so the ability to make purchases without the usual 2.75% plus fee will give a much needed boost to the holiday kitty.’

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