MoneyExpert: Britons Give “generously” Via Credit Cards

December 29th, 2006 No Comments » | POSTED BY ROB

The amount given to charities via debit and credit cards has been consistently higher since 2004, it has emerged.

A new report from Apacs found that an average of £75.55 was donated per credit card in January 2006, compared to £68.82 in January 2004.

And the UK payment association maintains that due to the Asian tsunami and Pakistani earthquake, cardholders are using their debit and credit cards to give higher amounts of money than ever before.

Some £67.8 million was given through card spending in June 2006, while Sandra Quinn, director of communications at Apacs, underlined the role cards now play in giving money to worthy causes.

“This is just one of the ways that we use our cards to help charities,” she remarked.

“Whatever the charity, more and more of us turn to our plastic to show our support.”

Many cards enable users to donate to charity, with a credit card such as American Express Red automatically giving one per cent of each amount spent to the the Global Fund, which helps fight Aids in Africa.

This article: © Moneyexpert Ltd.





Leave a Comment or Discuss in the Forum

Get Updates

Get free weekly updates straight to your inbox:

Follow us on Twitter Subscribe to our RSS feed


Personal Finance iPhone Apps

Recent Money Watch Articles

  1. Are Your Savings Safe? Banks That Share Licences
  2. Comparison Site Security Questioned
  3. Use Cashback Sites? Don’t Bank On Getting Paid
  4. How Does Identity Fraud Work?
  5. Google Finance Goes Mobile
  6. US Users Prefer Bank PFM Tools. UK Users Too?
  7. Insolvency Statistics Visualised
  8. First Sneak Peek At BankSimple

Money Watch Categories

banking Banks Budget Business cars Children christmas Credit Credit Cards Debt discount Economy entertainment Featured fraud fun General innovation Insurance Interest Rates Investments iphone jobs Links Loans mobile money Money Making Money Saving Mortgages New Products Pensions Property recession redundancy Savings security shopping spending Stocks and Shares Students Tax technology Tips Tools



More Information