Credit Cards - Barclaycard and IHG launch new credit card - 05/05/2008

Another week, sees the launch of another credit card; Barclaycard has announced the launch of new card, through a joint partnership with InterContinental Hotels Group (IHG).

The card works in the same way as a loyalty card, providing customers with points when they use it to purchase products or services, with double the amount when used on IHG services. To celebrate its launch, card holders will be provided with 10,000 bonus point, when they make their initial purchase.

The new Priority Club rewards Visa credit card, allows the user to gain rewards, which can be redeemed in the IHG hotels

Mike Kopec, Vice President, IHG Global Alliances & Business Analysis, said: "We are delighted to team-up with Barclaycard to launch our new Priority Club Rewards VISA credit card."

Elizabeth G Chambers, Chief Marketing Officer at Barclaycard, said: "Our partnership with InterContinental Hotel Group is another example of Barclaycard becoming the partner of choice for organisations who want to offer bespoke credit card products to their customers.

The credit card comes with a 6 month interest free option on all balance transfers, however a 2.99 per cent balance transfer fee applies. Also there is a 16.9 per cent APR, but there is no annual fee.
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