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New Co-operative Bank credit card offers lower interest rates on ethical purchases

co-op%20bank.jpgIn a highly commendable move aimed at rewarding ethically minded shoppers, the Co-operative Bank has launched a new credit card offering lower interest rates on purchases made from a designated list of ethical companies. As a further incentive for the ethical consumer, half an acre of Brazilian rainforest is automatically purchased and protected in the name of the cardholder when the cardholder buys something on the card for the first time. The card is even made using more environmentally friendly materials - namely PETg plastic, which doesn't use vinyl-chloride (a harmful industrial chemical used in the manufacture of the usual PVC cards).

You can read the Co-operative Bank's comprehensive ethical policy here.

Related: Virgin tries hard with bio card | Green(ish) credit card |

Posted by on November 1, 2007

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