Belfast Telegraph

Credit card giant severs rate link

Press Association

BARCLAYCARD is telling some of its customers that their cards will no longer track the bank rate, paving the way for potential future increases. The credit card issuer, which has 10m customers, said that the link with the Bank of England base rate, which is likely to remain at its record 0.5% low for some time, will be severed.

BARCLAYCARD is telling some of its customers that their cards will no longer track the bank rate, paving the way for potential future increases. The credit card issuer, which has 10m customers, said that the link with the Bank of England base rate, which is likely to remain at its record 0.5% low for some time, will be severed.

Belfast Telegraph

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