Credit Cards - AA launches new rewards credit card to cut cost of driving - 29/10/2009

The AA has announced that it wants to reduce the "financial pain" of driving with the release of its new credit card.

Customers will be given points for everything they buy using the card, but will receive double the reward for fuel transactions and for purchasing the organisation's products.

This deal could suit AA's 15 million members looking for a credit card deal with 0% interest for the first 12 months.

A typical variable rate of 16.9% APR is available on the credit card. Those with the AA credit card can redeem their points on motoring products such as AA insurance, travel books and maps.

They can also be exchanged for shopping vouchers and cash back. Mark Huggins, director of AA Financial Services, commented that reward cards are currently popular and called this product the motorist's card.

"The cost of motoring is constantly rising - not least the price of fuel and the new AA card offers the opportunity to help ease the financial pain of running a vehicle," he added.

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