Charity credit cards

Friday, 17 November 2006 02:31

Charity credit cards return a percentage of what the cardholder spends on the card to a specific charity.

Additionally, charity credit cards often provide an initial donation when the card is opened.

Charity credit cards give the equivalent of between 0.1 and 1.25 per cent of everything someone spends on them to charity.

The cards are most useful for people who pay off their balance in full each month as they tend to charge slightly higher rates of interest than other credit cards.

However, strict conditions often apply to the cards and no money goes to charity from ATM withdrawals or credit card cheques.

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