Plan for a new style credit card have been revealed by UK company Barclaycard. The card will aim to reward consumers who pay off their balances quickly with lower interest rates.
The card will be called the Repayment Rewards card and the interest rate customers are charged on their outstanding balance will be offset by the percentage of their debt they repay each month.
For this complete story, please visit Barclaycard Announces New Variable Rate Credit Card.
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