EduBourseActualitésThe Co-operative Bank relaunches its unique fixed rate platinum credit card

The Co-operative Bank relaunches its unique fixed rate platinum credit card

Competitive fixed rate of 9.9% APR for the first 5 years

The Co-operative Bank has relaunched its unique fixed rate platinum credit card, with a highly competitive five-year fixed rate of 9.9% APR.

The credit card offers a wide range of benefits including:

• A low fixed rate of 9.9% APR (typical variable) for the first 5 years
• Up to 46 days interest free credit *
• Free 90 days purchase protection insurance
• Emergency cash and card replacement service
• 24 hour medical and legal assistance overseas
• No annual fee
• Up to £100,000 free travel accident insurance, when the card is used to pay for travel tickets
• Platinum travel benefits including discounts on holidays, travel, airport parking, airport hotels and car hire.

Furthermore the card is also part of the Co-operative Bank’s ‘Customers who Care’ scheme. For every £100 customers spend on the card, 1.25p is donated to The Co-operative Bank’s ‘Customers who Care’ campaign fund, which addresses a different ethical issue each year. The current campaign is defending human rights, and previous campaigns have included banning landmines, third world debt and climate change.

David Fawell, Head of Unsecured lending at the Co-operative Bank, said, “This credit card offers those customers who are not looking to constantly switch their borrowing in the current economic climate, peace of mind that the low rate they sign up to will remain fixed for five years. However as well as a market leading rate, there is also an excellent package of travel discounts and incentives, an ethical involvement and no annual fee to pay.”

The platinum card is available to people over the age of 25, with an income of over £25,000.

Customers wanting further information should call 0800 731 9474

For further information contact:
Catherine Turner
Co-operative Financial Services Press Office
Tel: 0161 827 5626
Fax: 0161 832 2751
e-mail : [email protected]

Notes to Editors:

For media purposes only

Customers wanting further information should call 0800 731 9474

Images are available on request

Terms and conditions apply

Full product details are as follows:

• 9.9% APR (typical variable) for the first five years
• 9.9% Purchases
• 9.9% Cash
• 9.9% Cheques
• 9.9% Balance transfers (excludes balance transfers from other Co-operative Bank credit cards)
• * Up to 46 days interest free period if balance is paid in full by the due date (purchases & balance transfers)
• Minimum repayment 2% of outstanding balance or £5 (whichever is greater)
• Minimum credit limit of £500, maximum credit limit subject to status
• No annual fee

About Co-operative Financial Services

Co-operative Financial Services (part of the Co-operative Group) is a group of businesses including The Co-operative Bank, smile – the Internet bank and Co-operative Insurance Society (CIS).

Through The Co-operative Bank, Co-operative Financial Services offers a range of financial products, from current accounts, savings accounts, credit cards, and loans. smile, the UK’s first full Internet Bank offers financial products such as current accounts, credit cards and personal loans. The Co-Operative Bank operates an ethical banking policy.

Co-operative Insurance offers a variety of products including pensions, unit trusts; investment and protection cover including car insurance and home insurance.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.