The Cahoot credit card
is another recent brand which has been launched via fairly heavy
television advertising with a ‘quirky’ feel. Various
advertisements feature people seeking ‘cahoot’ as
some type of mystical or ultimate goal. The quirkiness certainly
does its job making the brand noticed and remembered.
The Cahoot service itself is an
online bank launched by the Abbey National (perhaps the different
branding is an attempt to create a more ‘fresh’ service
and image). They state that their key aims are for commitment
– to saving the customer money by offering low rates, and
anytime access – online twenty four seven or from seven
hundred thousand visa cash machines worldwide.
The Cahoot credit card itself won
the Money Facts Best Credit Card (Standard Rate)’ for two
thousand and four so is popular with its cardholders and new applicants
alike. Its typical annual percentage rate is one of lowest around
at nine point eight percent, so even after the interest free credit
period runs out (Cahoot offer up to six weeks) customers can be
sure they are still receiving a competitive rate. Additional facilities
on the standard financial side include simple balance transfers
and free purchase protection.
The loyalty program for Cahoot
offers a wide range of goods and services so that even the most
discerning cardholder will surely find something they can redeem
their hard-earned points against. You can choose from cashback
offers or further spending of your points on books, clothing,
food and drink, travel and many more options.