Last week - on the day that the annual Government Credit Card Tax kicks in so I avoided paying it !! Wooooohhh !! 30 saved.

You see I paid off my CC debt about a year ago but kept the CC because it was useful for booking stuff online and I changed to a CC which gave me points for every euro spent - I could then convert these points into credit for my mobile/cell phone.

Well on 1st April got an email saying that the company was cutting the rewards point by half.

So...

Closed CC.

Moved checking account to a Bank which provides a VISA debit card - can use online but you can only spend what you have in your checking account.

AND the checking account pays 7% interest on balances up to 2000 - which happens to be the size of EF currently. So my EF has a new home... a very productive home !!

Big Smile !! One little victory for a consumer against the Banking Megaliths...