UK: B launches credit card

B, a UK digital challenger bank, has released its first credit card. The new card will have no annual fees, competitive interest rates, and a fee-free balance transfer deal. The new card will also allow users to spend while abroad without foreign exchange fees and will offer competitive exchange rates.

The travel features of the new card are likely to be popular with those who regularly travel abroad, with credit card the second most popular payment option, after cash, for travellers, with 53% of those who have travelled in the last 12 months using their credit card while abroad.

"The travel features of the new card are likely to be popular with those who regularly travel abroad, with credit card the second most popular payment option, after cash, for travellers."

The new card will be compatible with B’s ‘super smart app’, through which customers can manage their spending and receive personalised insights into their spending habits.

About the launch, Helen Page, Group Innovation and Marketing Director at Clydesdale and Yorkshire Bank, said: “B is all about putting customers back in control of their money and the B credit card does exactly that. It’s a great way to manage holiday spending with no foreign exchange fees, a competitive rate and a super smart app to tag spending at home and abroad.”

 

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