CONFUSED.COM COMMENTS ON NEW 17 MONTH 0% BALANCE TRANSFER OFFER FROM BARCLAYCARD

Chris Griffiths, head of credit cards at Confused.com, said: “The new 17 month 0% balance transfer deal from Barclaycard is the longest 0% offer currently available on the market and is likely to be popular with those looking to spread the cost of repaying Christmas debts. As an added incentive it also offers a £20 discount off the balance transfer fee when a balance of £3,000 or more is transferred before 31 January. “Increasing the 0% period moves Barclaycard ahead of rivals such as MBNA and Virgin who both offer 0% for 16 months, and the additional discount to the balance transfer fee is a clear message that Barclaycard wants to be the number one option for those looking to move existing balances. In fact customers with an outstanding balance on their current credit card who aren’t currently on a 0% deal could save up to £3951 by switching their balance to Barclaycard Platinum. “Customers looking to switch credit cards need to consider how they intend to use their new card, as those looking to make new purchases for example, might find a card offering a long term 0% purchase rate more suitable. It’s also important that customers consider which card they would be eligible for. For example, the Barclaycard offer is only available to new customers, once again showing that when it comes to credit cards loyalty doesn’t pay. Confused.com offers users a free online card checker tool to find out how likely they are to be accepted for a specific card before committing to a full application. The checker can be found at www.confused.com/credit-cards” Ends Further information Please contact the confused.com press office: 02920 434393 zoe.stevens@confused.com or pressoffice@confused.com Notes to editors 1.Transferring a balance of £2,000 from a card with an effective interest rate of 18% APR would save £453.07 in interest payments over 17 months. Taking into account the balance transfer fee of £58 (2.9% of £2,000) this is a saving of £395.07 About Confused.com Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance. Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators. Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.