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Halifax Online Bank UK, a division of the Bank of Scotland PLC, last week launched the Halifax Clarity Card, which does not impose a foreign-exchange fee on any purchase transactions or cash withdrawals, the United Kingdom-based online banking company reported July 7.
Issued by the Bank of Scotland, the MasterCard-branded Clarity Card also does not impose balance-transfer or annual fees. It also applies an annual percentage rate of 12.9% on purchases, balance transfers and cash advances.
The card also offers qualifying customers with a Halifax account a 5 British pound cash-back reward when they spend 300 pounds (US$452 or 359 euros) or more within each statement period.
Qualifying customers include those who, when opening a Clarity...