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Follow on Google News | High street retailer comes top in Which? Money credit card satisfaction surveyThe John Lewis/Waitrose group has beaten off competition from big name credit card providers like Barclaycard and American Express to be named best for customer satisfaction in a credit card survey* by Which? Money.
By: Which? Many of the well known credit card providers scored poorly - only 38 per cent of Lloyds TSB customers and 42 per cent of American Express customers were very satisfied. Mint came bottom of the table, with just 32 per cent very satisfied. The most common reason given for choosing a card was having another financial product with the provider (28 per cent). More than one in five (21 per cent) chose their card because of its reward scheme. Which? Money (http://www.which.co.uk/ Martyn Hocking, Editor, Which? Money, says: “High street retailers are clearly stealing a march on traditional credit card providers when it comes to keeping customers satisfied – John Lewis/Waitrose is leading the field, but Marks & Spencer, Tesco and Sainsbury’s all fare well too. “You could also be wasting money if you hold a card with one of the big four banks – only Barclays currently offers a card that makes it into the Which? Money Best Buy tables (http://www.which.co.uk/ “You should choose a credit card according to your spending habits and how much you repay each month. If you hold a card simply because you have another product with that provider or for reward scheme points then watch out - you’re unlikely to be getting the best deal.” # # # About Which? Which? is the leading independent consumer champion in the UK and has been testing products and services, as well as campaigning on behalf of the consumer, since 1957. It is committed to making individuals as powerful as the organisations they have to deal with in their daily lives. which.co.uk (http://www.which.co.uk ) provides up to date, impartial, expert information on thousands of products and services to help people make the right choices, whatever they’re buying. Website: www.which.co.uk End
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