charity credit card hits â£20m donations by Finance News Bulletin

Published: 12/12/07

Halifax and store of Scotland (HBOS) charity credit cards are now celebrating having strike the £20 million mark in donations since their openUK credit card providers are constantly innovating to provide novel credit card rewards and perks, but the HBOS charity card scheme launched 19 existence ago has achieved continued successCustomers opting for the charity certificate see donations go to growth Research UK, children's charity the NSPCC and Scottish animal charity the SSPCAThe card functions by automating a £20 charitable donation from HBOS at the first customer practice, with further donations then happening to the value of 0

25 per cent of all purchases made on the cardHBOS clientele opting for the card are also given tax of 0 per cent on equilibrium transfers and purchases for the first six months and a typical APR of 169 per cent, which the bank claims makes it both ethical and competitive"We're pleased that they remain so popular as every certificate makes a difference in helping these commendable causes," said Ken Stannard, head of HBOS credit cards

Barclaycard is one of several other UK credit card providers offering aid organization donations for every customer purchase, the company supporting Marie Curie Cancer Care, put aside the Children, Samaritans and the forest TrustWhile failing to match HBOS' £20 starting gift, Barclaycard betters the gift rate per purchase, offering 03 per cent as opposite to HBOS' 025 per cent

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