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This week Abbey has launched a new credit card that will allow consumers to enjoy lower and fewer fees. The Zero Card enters the market at a time when many lenders are cutting back on financial products that cannot stand the pressure of the credit crunch. The launch of the Zero Card earlier in the week coincides with reports that customers in the UK continue to be hit by the rising costs in increased fees and charges over the past two years, according to a recent report. The hike in credit card fees and charges has put a strain on financial management in many cash strapped households and industry officials say the average purchase rate on a credit card has jumped from 14. 9% in April 2006 to the latest figure of 16. 4%. An official from the Abbey described the Zero Card as innovative, stating: We promised the market that we would continue to innovate and that is exactly what weve done. The card is likely to be popular among those seeking to spend their holidays abroad, as it will not charge any foreign exchange fees. nevada council on problem gambling strategy online casinos no downloading free slot biggest gambling win hoyle casino tycoon free pc game
