Christmas shoppers warned as credit card deals withdrawn by big name banks including Barclays

CHRISTMAS shoppers have been warned of higher debt costs as major banks withdraw their best credit card deals.

There has been a dramatic reduction in the number of banks offering 0% credit cards, meaning shoppers could be stung by interest rates.

Consumers typically spend almost 30% more in December than any other month of the year, equating to an extra £740 at the checkout, according to the Bank of England.