The average UK household has £2,688 on their credit cards. If that’s you, a heads up: we can probably save you proper money.

‘Black Friday’ or ‘Cyber Monday’—whatever you want to call it, the spending season is around the corner. But if you do plan on borrowing this Christmas, you could be better off with us.

We’ve crunched the numbers, and the average credit card user could save £143.64 in interest in a year by switching their borrowing to us. And bear in mind that if you’re paying the minimum each month (and 1 in 4 of us are), that figure is likely to be much, much higher.

 APRAmount**PeriodTotal cost
Average Credit Card24.7%***£2,68812 months£335.28
If borrowed from us13.7%£2,68812 months£191.64
Total saved £143.64‬

How much could you save?

If you’re ready to get a bargain on your borrowing as well as in the shops, then head to our loan calculator to get started: