The best credit cards for Christmas

Jessica Furseth looks at the best credit card deals for Christmas, and rounds up the rest of the week's personal finance news.

It is not too late to get a new credit card before Christmas, writes Jill Insley in The Guardian. Those looking for an interest-free deal should consider the Tesco Clubcard or M&S credit card both are offering 15 months at 0%. Shoppers looking for a cash-back card should look to Capital One World MasterCard. It offers 5% cash back on purchases up to £2,000 for the first three months, up to a maximum of £100.

If you have a savings account with National Savings & Investment (NS&I), check the rate you are getting: around 2.5 million people with savings accounts at NS&I receive less than 0.7% interest on their money, says Dan Hyde at Thisismoney.co.uk. The worst-hit savers are those with a so-called "investment account" paying 0.3%, which is even less than the Bank of England rate.

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