Credit Cards - EasyJet to launch new credit card - 15/01/2008

Budget airline EasyJet is to launch a new credit card, the Daily Mail reports.

The new card will offer one EasyJet flight worth up to £40 if over £250 is spent on it over the first three months following its purchase.

Within this period, the low cost airline is also offering ten per cent cash back on flights and other holiday-related purchases such as hotel bookings and car hire.

General purchases on the card will also earn 'miles' - at the rate of one mile for every £1 spent.

However, the new card is offering a comparatively high APR of 16.9 per cent.

At nine months, the zero per cent balance transfer period on the EasyJet card is also lower than many market rivals.

EasyJet, founded by Cypriot entrepreneur Stelios Haji-Ioannou, launched its original Easy Money credit card in 2001.

The airline itself currently operates 137 craft between airports in 23 countries.
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