Spread the Cost of Christmas with the Asda Money Christmas Savings Card
LEEDS, UNITED KINGDOM -- (Marketwire) -- 03/26/13 -- The decorations
have been taken down, the food supply levels have returned to normal
and you've already forgotten what presents you got, but the one thing
that still remains is the festive financial hangover. Asda Money
explains how a Christmas Savings Card could help spread the cost of
The festive season does not come cheap and UK families fork out an
average of GBP 600 at Christmas, with many relying on credit, loans,
overdraft facilities and budgeting to pay for it all.(1)
As festive spirits dwindle and sky high winter energy bills come in,
the New Year can be a real drain on finances. Not only do households
need to cover everyday living costs, but many will still be managing
their debt from Christmas spending. Some 59% of consumers bought
their presents on plastic in December last year and worryingly one in
five are still paying off their Christmas debt from 2011.(2)
Planning ahead for Christmas 2013 could help to ensure that consumers
are able to celebrate the festive season in style, without suffering
from a dreaded case of 'Christmas credit hangover'.
The Asda Christmas Savings Card, for example, could help you ease the
financial pangs of the festive season by allowing you to save up in
the months leading up to Christmas.
You can pick up and top up your FREE Christmas savings card in-store
Then, depending on how much you've saved, you'll receive a special
Asda bonus a few weeks before Christmas, just when you need it most.
The way it works is simple, each card allows Asda customers to save
up to the full amount of GBP 144 in which will pay you a GBP 6 tiered
bonus but don't worry if you have not saved the full amount as you
can still get a bonus. For example, a balance of GBP 49 to GBP 96
will get you a bonus of GBP 1 and a balance of GBP 97-GBP 143 will
get you a GBP 3 bonus(3).
Remember the more you save, the bigger your bonus, so start saving
Notes to Editors
1. Has the real cost of Christmas gone up? Asda Money 02/11/2012 http
2. Never mind 2012 - one in five Brits still paying off Christmas
2011, uSwitch 02/01/2013 http://www.uswitch.com/blog/2013/01/02/never
Asda Money is a trading name of Asda Financial Services Limited. Asda
Financial Services Limited uses a selection of companies to provide
its products and services. Please refer to www.ASDA.com/money for
details of our product partners and the relevant terms and conditions
for each of our products and services.
Asda Car Insurance is a trading style of Asda Financial Services
which is an Introducer Appointed Representative of Commercial Vehicle
Direct Insurance Services Ltd, who are authorised and regulated by
the Financial Services Authority (Firm reference No. 302216).
Commercial Vehicle Direct Insurance Services Ltd registered in
England and Wales number 04137311. Registered office: MMT Centre,
Severn Bridge, Aust, Bristol BS35 4BL.
Founded in the 1960s, Asda today is one of Britain's leading
retailers. It has over 180,000 dedicated Asda colleagues serving
customers from 542 stores, including 32 Supercentres, 309
Superstores, 27 Asda Living stores, 174 Supermarkets, 25 depots and
seven recycling centres across the UK. It has its main home office in
Leeds, Yorkshire and its George clothing division based in
Lutterworth, Leicestershire. Asda serves over 18 million shoppers a
week in store and its growing home shopping business at www.asda.com
serves 98 per cent of UK homes.
Its Asda Price Guarantee, launched in 2011, gives customers the
reassurance that a basket of groceries will always be 10 per cent
better value than competitors. Powered by MySupermarket.co.uk, the
APG is the only independent, transparent online grocery price-checker
in the world. Asda joined Walmart, the world's number one retailer,
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