Football savings accounts fail to score

soccer field and the bright lights

Many football fans like to support their team through a club savings or credit card - with which they pay for merchandise and tickets.

But according to experts, they may not be getting much of a deal. Research by financial website Moneyfacts has revealed that interest rates can be shockingly low. While perks such as the chance to win season tickets or autographed footballs may be nice, they don't compensate for the lack of hard cash.

When it comes to savings accounts, says Charlotte Nelson, a finance expert, the best easy access football account pays only 1.05% - way lower than the 1.65% currently paid by the best non-football easy access account.

And while many fans believe they're helping out their club, the effect of this may be less than they think. "Loyal fans' great intentions are often wasted because the average contribution to clubs is just 0.90%," says Nelson.

"A far better solution would be to set up a standard savings account that pays a decent return, and then pay a proportion of the interest earned directly to the club. That way, the saver will benefit from a competitive rate and the club will profit from a much larger contribution."

With credit cards, too, much better deals can normally be found. "The most enticing features of these cards are the reward scheme and money-can't-buy offers. Borrowers who stand the chance of benefiting the most are those who can easily pay off their balance each month and use the cards as their main credit card," says Nelson.

"However, customers would have to spend a significant sum of money on the card to rack up enough reward points to get the most benefits. With this in mind, customers may be better off considering a cashback card to earn cold hard cash to spend on the football items they want."
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The most expensive football tickets
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Football savings accounts fail to score

Price - £100

The Gunners officially charged the most for tickets to their matches. These prices were only for a top band of seats, and they do have seats at a much more reasonably priced £35. 

Price - £87

Roberto Di Matteo's team demand the next highest ticket price for their performances, but also have lower band ticket prices staring from £23.50

Price - £80

Spurs are up next, and not only are their tickets pricey, the cost of a match day here (cheapest ticket, programme, pie and a tea) is one of the most expensive too. 

Price - £60

The south west London club have the fourth highest ticket prices despite being middle of the table performers, with many of their better performing counterparts offering cheaper seats. They do however also have lower priced tickets starting from £20. 

Price - £55

Fighting for the top spot in the table, United have a reasonable ticket price relative to their performance, though still charge more than their local rivals. 

Price - £48

Despite offering more reasonably priced tickets than many of the other top clubs, the cost of a match day here is the most expensive of any of them. 

Price - £47

Although they languish far from the top of the table, Villa are in seventh place, though their cheaper seats start from £21. 

Price - £45

A tie sees these two clubs, who have just a point between them in the Premier League, in eighth place. It's Stoke who has the cheaper overall match day though. 

Price - £42

It might come as a surprise to find City this far down the list. The club - who have had their fair share of controversy in the past few weeks - have relatively cheap tickets compared to their performances this year.

Price - £40

It's also somewhat surprising to find bottom of the table Wolves making it into the top ten with these prices which certainly don't match up to their lacklustre performances. 

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