aqua Launches Two New Market Changing Credit Cards - Introducing Advantageous Rates and Cashback for Customers with Low Credit

aqua Launches Two New Market Changing Credit Cards - Introducing Advantageous Rates and Cashback for Customers with Low Credit

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aqua Launches Two New Market Changing Credit Cards - Introducing Advantageous Rates and Cashback for Customers with Low Credit PR Newswire LONDON, June 19, 2012 LONDON, June 19, 2012 /PRNewswire/ -- aqua, market leading supplier of credit cards, is launching two new credit

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aqua Launches Two New Market Changing
Credit Cards - Introducing Advantageous Rates
and Cashback for Customers with Low Credit
PR Newswire
LONDON, June 19, 2012
LONDON
,
June 19, 2012
/PRNewswire/ --
aqua, market leading supplier of credit cards, is launching two new credit cards
that provide an advantageous discount rate and cashback for customers who
struggle with low credit rating.
From 14
th
June, two new market changing credit cards for bad credit will be
available from aqua. aqua Reward and aqua Advance improve the benefits
available to customers who previously been turned down by High Street Banks.
aqua's new cards are designed to reward responsible usage of credit cards and
rebuild credit for those who may suffer from poor credit history.
aqua Advance offers customers reduced rates of 5% a year for three years
providing they meet payments and do not exceed their credit limit, meaning
that responsible credit card customers benefit from a 15% reduction overall
with aqua. The aqua Reward credit card provides a market-leading annual cash
back of 3% paid on all net monthly retail spend capped at £100 a year.
Both of these credit building credit cards are generous in offering a competitive
initial representative rate of 34.9% APR and cash advance rate of 39.9% with
initial credit limits of up to £1,600.
These additions to the aqua range of credit cards for bad credit are the first
launches in SAV Credit's ten year history, reflecting the evolving financial
market that the UK is currently faced with. SAV's Chief Executive Officer James
Corcoran explained how aqua's credit cards meet market demands and ensure
customer value:
"Advance provides a clear route to a strong credit record and competitive rates
for people who have had problems while Reward ensures they have the ability
to earn cashback on everyday spending on their credit card."
aqua helps their customers to sustain responsible credit usage with the aqua
Reward credit card and aqua Advance credit building credit cards through their
free SMS text service. Customers providing a mobile phone number
automatically receive the service which offers monthly payment reminders and
alerts them when they are close to their credit limit.
About SAV Credit and aqua
SAV Credit is the UK's leading specialist card lender and the only company to
supply credit cards exclusively to customers who are not served by High Street
Banks. With over 500,000 accounts and £500 million in credit card assets under
management, SAV Credit is dedicated to promoting affordable, responsible
lending. The aqua brand has nearly a decade of experience in providing credit
cards for bad credit and individuals who have been turned away by High Street
Banks.
Kevan Reilly
Citigate Dewe Rogerson
Tel: +44(0)20-7282-1096/+44(0)7977-550913