You are here: Home - Credit Cards & Loans - News -

New credit card with no fees on overseas spending unveiled

0
Written by: Paloma Kubiak
12/06/2017
Clydesdale and Yorkshire Banks have launched a new overseas credit card with zero fees on spending.

The credit card comes with a 0% non-sterling transaction fee on overseas purchases and a 0% non-sterling transaction fee for ATM withdrawals.

However, cash withdrawals are subject to a 3% cash advance fee (minimum £3).

The product comes from B, Clydesdale and Yorkshire Banks’ digital banking service.

There’s no annual fee for the card and it comes with an interest rate of 9.9% APR.

Customers can also transfer a balance from an existing credit card without a fee for doing so. For use in the UK, the credit card is subject to over limit and late fees of £12 and as it’s a digital product, copies of statements or vouchers are £5.

However, customers don’t have to have the app or online banking to apply for the B credit card, though the banks said the app allows customers to easily manager their money by tagging spending, setting budgets and receiving personalised insights into their spending habits.

Helen Page, group innovation and marketing director at Clydesdale and Yorkshire Banks, 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.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
first-time buyers
Big rise in small deposit mortgage deals for first-time buyers

First-time buyers with small deposits have a much bigger choice of product today compared to five years ago, research suggests.

Close