Save Money On Credit Cards With The Revolutionary Wallet Watch

Online, March 23, 2011 (Newswire.com) - Credit card comparison website Stooze.co.uk is launching the UK's first credit card comparison tool that not only shows users how much their credit cards cost them, but how much money they can save by switching.

Stooze.co.uk is the UK's most comprehensive credit card card comparison website. But it differs from other sites by telling the consumer exactly how much their credit card will cost them to repay.

"I was a frustrated comparison site user" says Head of Development and Innovation for Stooze, Scott Thompson, "The big comparison sites didn't give me the information I wanted. They focused on APR, but what does that really mean to the amount I repay and how much I should repay every month? What Stooze.co.uk does is inform people exactly how much it will cost them to repay their credit card. This information is what every consumer needs to know when making an informed decision about what card is best for them.'

'The Wallet Watch is a natural innovation to try and educate consumers about how much their cards are costing them. Wallet Watch is the first tool on the web that shows customers how much their cards are costing them and how much they can save by switching. Everyone at Stooze HQ is very proud to be spearheading the movement to make the costs of credit card transparent and understandable."

Wallet Watch is a simple and innovative online tool. A user enters their credit card name, balance and their monthly repayment into Wallet Watch. Wallet Watch then uses the UK's largest credit card database to work out how much different credit cards will cost the user to repay. Wallet Watch also gives the user a bespoke list of credit cards, which could save them money if they switch. A simple tool that makes a big difference to a user's bank balance, potentially saving thousands over the life of their card.

Stooze will be releasing Wallet Watch in private Beta, followed by an online question and answer session at 12pm GMT on 28 March 2011. To request an invitation to the Wallet Watch launch visit- www.stooze.co.uk/wallet-watch/launch .