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Barclaycard and orange launch new credit card

Contactless credit cards can now be used at more than 20,000 retailers and there are five million of this type of card in use in the UK.

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8 January 2010

Barclaycard and orange launch new credit card ”

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Users of the new Orange Barclaycard credit card can choose to set a spending limit if they are Orange customers.

They are then sent an SMS alert when they get close to spending their allocated budget, helping them to keep control over their finances.

The typical variable rate on the card is 18.9% for purchases or 29.9% for cash withdrawals.

Customers can also earn one Orange credit card reward point for every £1 spent, which can be spent at high street shops.

Orange customers buying products or services from the mobile phone firm with their card will receive three months interest free on their first purchase.

Contactless payment technology can be used for payments under £10.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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