Barclaycard Launches New Prepaid Card

Barclaycard Commercial has announced the launch of its new Prepaid card, providing organisations with a simple way to improve efficiency and gain more control over their spending and the way funds are distributed.

The new card will benefit organisations by removing the need for them to rely on traditional paper-based methods of making payments, which are becoming increasingly costly, complicated and time-consuming. In addition to speeding up the process of managing funds, the new card will provide extra accountability and control, with the ability to implement bespoke spending controls.

The product has been used successfully by a number of clients for some time. One who has already benefited from this product is:

Adecco UK & Ireland – part of the Adecco Group, the world’s leading provider of HR solutions, with over 31,000 employees and 5,500 offices, in more than 60 countries and territories around the world. The Office Angels branches within the Adecco UK & Ireland group were sending out cheques frequently for petty cash purposes to their local offices. They adopted Barclaycard Prepaid to increase their control over their funds and to enable a much simpler and more efficient reconciliation process, and are now rolling this product out to their other brands.

Via EPR Network
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M&S Money Credit Card Scoops Industry Award

M&S Money has won the 2010 Moneyfacts award for Best Card Provider (Introductory Rate). The awards were announced at the Millennium Hotel, Mayfair, London in front of 300 industry professionals from leading financial institutions who had gathered for the special luncheon which was hosted by ITV News’ Economics Editor, Daisy McAndrew.

M&S Money Credit Card Scoops Industry Award

The awards were presented to those companies that have consistently offered the most competitive products, the best levels of service and shown the greatest innovation in the personal finance world during the last twelve months.

The M&S Credit Card offers:
– 0% interest on all shopping for ten months from account opening
– 0% interest for six months on balance transfers made within six months of account opening (2.9% fee, minimum £5)
– No cash advance fee & 55 days interest free when buying M&S Travel Money with the card
– M&S points earned every time the card is used, with regular bonus offers of extra points on purchases at M&S
– 15.9% APR typical variable. Actual rate received will depend on an individual assessment of circumstances.

Colin Kersley, M&S Money Chief Executive, said: “We are delighted that the M&S credit card has been recognised at the Moneyfacts awards. The card not only has a competitive APR but also 10 months at 0% interest on shopping, making it one of the most attractive credit cards in the market.”

Via EPR Network
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