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

New credit card with no fees on overseas spending unveiled

Written by: Paloma Kubiak
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.

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get in the second lockdown?

News and updates on everything to do with coronavirus and your personal finances.

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.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

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...

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.