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DEALS OF THE WEEK
Independent, The (London), Jun 9, 2007
SAVE
Nationwide Building Society has launched a new range of competitive savings bonds, paying interest of 6.05 per cent per annum fixed for a period of either one or two years. Both bonds are eligible to be held within a cash Isa, up to a limit of [pound]3,000. Outside of an Isa, up to [pound]21,000 can be invested in the accounts. The minimum investment is just [pound]1.
SPEND
AOL has launched a new American Express credit card in conjunction with MBNA, offering 0 per cent interest on purchases for the first three months, and 0 per cent on balance transfers for the first year (subject to a balance transfer fee). Cardholders will also earn MBNA reward points every time they use their card. These can be redeemed on a variety of items including holidays, DVDs and games.
ONE TO AVOID
Which?, the consumer group, has launched a campaign to eliminate revenue-sharing phone numbers, which start with numbers such as 0870 and 0845. In a recent survey, the organi-sation discovered that most consumers are unaware of the extra charges they incur when calling these numbers. Calls to 0870 and 0845 numbers often cost more than 20 times more than a regular local call. Often, customers are forced to pay the higher fees while they queue to be put through to an operator. Which? advises consumers to avoid the numbers wherever possible.
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