The Co-Operative Bank launches zero rate credit card
THE CO-OPERATIVE BANK LAUNCHES ZERO RATE CREDIT CARD The Co-operative Bank today (12 November) gave consumers an early Christmas present when it launched a platinum credit card, which offers an initial interest free period, both for balances transferred and for purchases. The VISA Advantage Platinum card will have a zero per cent interest rate on all balances transferred and purchases made until 31 May 2002. After that, the interest rate will be a still competitive 13.9 per cent APR (variable), with no annual fee and up to 59 days' free credit. The minimum monthly repayment is two per cent