Co-operative Bank launches new Friends of the Earth credit card
Friday, 08 Feb 2008 11:25
The Co-operative Bank is bringing out a new credit card with environmental charity Friends of the Earth.
The bank donates £15 to Friends of the Earth for every account opened and a further £2.50 if the card is used in the first six months and £25p for every £100 transferred to the card.
The card has no annual fee, up to 59 days of interest-free credit if balances are paid in full and a standard interest rate of 13.9 per cent APR typical/variable for purchases, balance transfers and cash withdrawals.
Tony Juniper, executive director of Friends of the Earth, said: "Friends of the Earth’s new affinity credit card with The Co-operative Bank offers a hassle-free way for people to support us. For every card opened and used, the bank will give us money to campaign for solutions to global problems like climate change and biodiversity loss.
"Friends of the Earth can do business with The Co-operative Bank because it has a strong ethical policy, refusing to support businesses contributing to climate change.
"The bank also joined forces with Friends of the Earth to actively campaign for a strong Climate Change Bill for two years."