British switch debtbetween cards

One in 10 people plan to transfer debt between credit cards during the first three months of the year, shifting an average of £1,140 each to take advantage of zero per cent interest introductory offers.

A study by Santander has also revealed that the average amount people plan to transfer has halved, dropping from 2,290 12 months ago, after many Britons spent 2009 focusing on repaying debt.

Related topics: