Credit-card perks set to shrink

Rewards offered by credit cards are won't be as generous as before, but there are still some enticing deals, says Ruth Jackson.

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American Express is still offering some generous perks
(Image credit: © Zoonar GmbH / Alamy Stock Photo)

If you need to borrow money, then this is a great time to get a credit card, with interest-free deals for balance transfers and purchases stretching for as long as two-and-a-half years in some cases. But, if you are one of the many who dutifully pay their bill in full each month, you may have noticed the rewards for being good with your money are dwindling.

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Ruth Jackson-Kirby

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.

Ruth started her career at MoneyWeek after graduating with an MA from the University of St Andrews, and she continues to contribute regular articles to our personal finance section. After leaving MoneyWeek she went on to become deputy editor of Moneywise before becoming a freelance journalist.

Ruth writes regularly for national publications including The Sunday Times, The Times, The Mail on Sunday and Good Housekeeping, among many other titles both online and offline.